Quantification of the impact of innovation and human capital on sustainable development: a panel data analysis for newly industrialized countries

Key Points

• Sustainable development is significantly influenced by innovation and human capital, driving economic growth.
• The analysis utilized panel data from various newly industrialized countries to observe trends across years.
• Economic indicators were assessed, providing a comprehensive view of how human resources and innovation contribute to sustainability.
• Highlights the need for policies that foster innovation and build human capital to achieve long-term economic stability.