Unleashing the power of innovation promoters for sustainable economic growth: a global perspective.

Achieving Sustainable Development Goals (SDGs) in an era of rapid economic growth poses a significant challenge for policymakers and researchers. This study investigates the interconnected relationships between economic growth, innovation promoters, and sustainable development using data from 102 countries between 2016 and 2022. Employing multiple linear regression (MLR) models, we identify crucial factors influencing sustainable development. Our findings reveal a multifaceted relationship between economic growth and sustainable development, emphasizing the need for tailored development strategies. We highlight the diverse roles played by innovation promoters across various country clusters. We discern patterns of change in sustainable development and innovation performance through a comparative analysis of country clusters over time. These insights carry significant implications for policymakers, underscoring the importance of context-specific approaches to achieve SDGs.
(© 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.)