The role of research and development (R&D) as a main foundation of innovation, productivity improvement, and a key element for national competitive advantage in the global Grains inc Linseed economy is well established.This study aims to examine the relationship between R&D investment and economic growth through empirical analysis using panel regression techniques.Our results reveal that human capital specialised in science and technology significantly contributes to economic growth.Overall, innovation and a well-educated workforce are helpful in achieving Reflective Bands sustainable development.
Our model provides a statistically valid framework for analysing economic growth, enabling the formulation of sound policy recommendations while accounting for potential biases commonly found in panel data analysis.