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Institutional structure of sustainable development in BRICs: Focusing on ICT utilization

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  • Yao, Xuening
  • Watanabe, Chihiro
  • Li, Ying

Abstract

In contrast to the relative stagnation of economic growth in industrialized countries with mature economies, the so-called BRIC countries have shown conspicuous economic growth in the early 21st century. Brazil, Russia, India, and China currently depend on their geographic advantages for economic development, as they possess abundant natural resources and collectively account for 28.9% of the world's land area and 43.2% of its population. However, as the development trajectories for industrialized countries suggest, sustainable development in BRICs requires innovation for effective utilization of potential resources. Given that the co-evolutionary dynamism between innovation and institutional systems is paramount to innovation driven economies, sustainability of BRICs' economic growth is subject to such co-evolution.

Suggested Citation

  • Yao, Xuening & Watanabe, Chihiro & Li, Ying, 2009. "Institutional structure of sustainable development in BRICs: Focusing on ICT utilization," Technology in Society, Elsevier, vol. 31(1), pages 9-28.
    • Handle: RePEc:eee:teinso:v:31:y:2009:i:1:p:9-28
    DOI: 10.1016/j.techsoc.2008.10.013
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    References listed on IDEAS

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    5. International Monetary Fund, 2006. "Russian Federation: Staff Report for the 2006 Article IV Consultation," IMF Staff Country Reports 2006/429, International Monetary Fund.
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    Cited by:

    1. Ibrahim Alnafrah, 2021. "Efficiency evaluation of BRICS’s national innovation systems based on bias-corrected network data envelopment analysis," Journal of Innovation and Entrepreneurship, Springer, vol. 10(1), pages 1-28, December.
    2. Christiana Koliouska & Zacharoula Andreopoulou, 2020. "A Multicriteria Approach for Assessing the Impact of ICT on EU Sustainable Regional Policy," Sustainability, MDPI, vol. 12(12), pages 1-13, June.

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