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The Relationship between Inequality and Innovation

Research Project

Project/Area Number 23K01389
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Review Section Basic Section 07040:Economic policy-related
Research InstitutionRitsumeikan University

Principal Investigator

李 康國  立命館大学, 経済学部, 教授 (00367989)

Project Period (FY) 2023-04-01 – 2026-03-31
Project Status Granted (Fiscal Year 2023)
Budget Amount *help
¥2,210,000 (Direct Cost: ¥1,700,000、Indirect Cost: ¥510,000)
Fiscal Year 2025: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2024: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2023: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
KeywordsInequality / Innovation / Patents / Productivity / Income Distribution
Outline of Research at the Start

This research will examine the effects of inequality on innovation and economic growth, using empirical analyses and case studies on East Asian countries such as Japan and Korea. Without sharing the fruit of growth with many people in the whole society, sustainable economic growth is impossible. I will focus my study on the channel of innovation between inequality and growth, different from current studies. I will conduct empirical analyses using cross-country panel data and also investigate experiences of East Asian countries.

Outline of Annual Research Achievements

In 2023, I have examined the related literauture about inequalit and innovation, including theoretical and empirical studies. I have worked on reviewing these studies by summarizing and anlayzing those. I have attended several international conferences and seminars in which I makde presentations about the effect of technological progress on inequality, and also the experience of Korea. I published several papers based on these research. Besides, I have attempted to find and collect international datasets on income and wealth inequality, and also those on innovation such as patents and total factor productivity.

Current Status of Research Progress
Current Status of Research Progress

2: Research has progressed on the whole more than it was originally planned.

Reason

I thikn that the research progress is as I planned. I plan to make more efforts to develop my own framework to analyzie the relationship between inequality and innovation, together with the efforts to find more data for empirical study.

Strategy for Future Research Activity

In 2024 and 2025, I will develop three areas of my research. First, I will summarize and present the thoeretical reasonging on how income and wealth inequality is associated with innovation. Second, I will think of the relevant empirical specifications and methods to examine this relationship. Finally, I will examine experiences of several countries on inequality and innovation to emphasize the importance of inclusive and sustainable growth with technological progress, by checking several countries.

Report

(1 results)
  • 2023 Research-status Report
  • Research Products

    (5 results)

All 2024 2023

All Journal Article (3 results) (of which Int'l Joint Research: 2 results,  Peer Reviewed: 3 results) Presentation (2 results) (of which Int'l Joint Research: 1 results,  Invited: 2 results)

  • [Journal Article] Dynamics of remittances on household well-being in Bangladesh: Does regional migration matter?2024

    • Author(s)
      Lee, Kang-Kook and Islam, MD Rubel
    • Journal Title

      Social Systems Studies

      Volume: 48 Pages: 85-112

    • Related Report
      2023 Research-status Report
    • Peer Reviewed
  • [Journal Article] Do Foreign Remittances Promote Democracy? A Dynamic Panel Study of Developing Countries2023

    • Author(s)
      Lee, Kang-Kook and Islam, MD Rubel
    • Journal Title

      Hitotsubashi Journal of Economics

      Volume: 64 Issue: 1 Pages: 59-85

    • DOI

      10.15057/hje.2023004

    • ISSN
      2436-097X
    • Related Report
      2023 Research-status Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] James Crotty’s Advice to Koreans2023

    • Author(s)
      Lee, Kang-Kook
    • Journal Title

      Review of Radical Political Economics

      Volume: 55(4) Issue: 4 Pages: 701-706

    • DOI

      10.1177/04866134231200216

    • Related Report
      2023 Research-status Report
    • Peer Reviewed / Int'l Joint Research
  • [Presentation] Shared Prosperity in the Era of AI2023

    • Author(s)
      Lee, Kang-Kook
    • Organizer
      The 7th World Humanities Forum
    • Related Report
      2023 Research-status Report
    • Int'l Joint Research / Invited
  • [Presentation] James Crotty’s Advice to Koreans: The Changes in the Economic System in Korea after the 2000s2023

    • Author(s)
      Lee, Kang-Kook
    • Organizer
      Celeberating Life and Work of Jim Crotty, PERI Conference
    • Related Report
      2023 Research-status Report
    • Invited

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Published: 2023-04-13   Modified: 2024-12-25  

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