THE ROLE OF FINANCIAL SPENDING ON SCIENTIFIC RESEARCH ON THE GLOBAL INNOVATION INDEX FOR A SAMPLE OF SELECTED COUNTRIES
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Abstract
The current study attempted to identify the impact of financial spending on scientific research on the global innovation index for a sample of selected countries (Iraq, Tunisia and Algeria) from the point of view of specialists and experts in the fields of innovation and scientific research.
The quantitative approach and questionnaire were adopted to collect data in Iraq, Tunisia, and Algeria. The sample size was 150 specialists at research, and SPSS was used to analyze the data.
The results concluded that the use of research roleively affects the global innovation index; its impact on the number of researchers then affect on the global innovation index with an average of (4.55) and a high level of strength. And it's increase on the productivity and profitability of companies with an average of (4.23) and a high level of strength.
The study identify the most challenges facing financial spending on scientific research according to the Global Innovation Index, and give some recommendations to improve and enhance the level of financial spending on scientific research.