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Analysis of Technological Innovation Contribution to Gross Domestic Product Based on Neutrosophic Cognitive Maps and Neutrosophic Numbers

Abstract:

Sustained growth and progress towards more equitable societies with better opportunities for all depends on how competitive a country could be, which in turn depends on the productivity of its economic sectors. The study aims to analyze the influence of technological innovation to Ecuador's gross domestic product, using a neutrosophic cognitive map that defines the factors that directly affect technological innovation. The PESTEL framework is used to identify the political, economic, social, technological, ecological, and legal factors that contribute to technological innovation in Ecuador's gross domestic product. For this purpose, a quantitative analysis was carried out based on the static analysis and neutrosophic numbers, which facilitated the applicability of the proposal. The main contribution present work is the analysis of interrelations and uncertainty/indeterminacy for analysis of technological innovation. The results show the importance of political and legal factors related to technological innovation projects to gross domestic products growth in Ecuador. The work ends with the conclusion and recommendations for future work.