A COMPARATIVE STUDY OF ASEAN’S DEVELOPING COUNTRIES FOR NATIONAL PRODUCTIVITY ENHANCEMENT
Keywords:
National Productivity, Human Capital, Research and Development, ASEANAbstract
Objectives of this research article were 1. To study a relationship that was positively related to national productivity, factors were human development index and R&D per GDP. 2. To compare relationship of those factors in each country group for defining the policy development. Research methodology was quantitative research that used a statistical tool called correlation analysis with three variables, namely, human development index, percent of research and development of GDP and national productivity Three groups of countries for benchmarking purposes. Group 1 was classified as having a low-middle income. Group 2 was high-middle-income, and Group 3 was high-income group
The results indicated that HDI and R&D were supporting the rise of national productivity. The new exploration showed that all relationships between R&D and other variables (HDI and National productivity) were highly positive for country groups 2 and 3. The country in group 1 showed different relationship between R&D and national productivity. Research and development had low positive relationship between R&D and HDI. Thus, country group 1 needed to set policy in line with the budget for research and development, R&D to enhance the positive relationship with human capital and national productivities in the long run.
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