Author(s)

Ning Luo

Corresponding Author

Ning Luo

Abstract

This paper explores the relationship between technological innovation and economic growth, taking a global perspective on trends and national differences. Firstly, it provides a definition and classification of technological innovation, delving into its impacts on productivity, industrial structure, and employment opportunities. Secondly, through case studies of developed countries such as the United States and emerging economies like China, India, and Singapore, it reveals the advantages and challenges each country faces in the realm of technological innovation. Simultaneously, by examining national differences in institutional environments, educational systems, and policy support, it uncovers the diversity within the global competition of technological innovation. In the case studies, the successful technological innovation experience of South Korea underscores the importance of comprehensive and coordinated national strategies, while the failure case of Nigeria suggests the intertwined factors of politics, education, infrastructure, and others.The comprehensive analysis concludes that a country's performance in technological innovation is influenced by multiple factors, including policy support, education and research and development (R&D) investment, and institutional environments. The global landscape of technological innovation exhibits diverse trends, necessitating countries to construct well-guided national systems for technological innovation under government leadership. This will facilitate the application of technological achievements and contribute to sustainable global economic development.

Keywords

Technological Innovation; Economic Growth, Global Trends; National Differences; Case Studies