top of page
Asian Institute of Research, Journal Publication, Journal Academics, Education Journal, Asian Institute
Asian Institute of Research, Journal Publication, Journal Academics, Education Journal, Asian Institute

Economics and Business

Quarterly Reviews

ISSN 2775-9237 (Online)

asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
crossref
doi
open access

Published: 28 December 2018

Graphene Revolution: An R&D-Based Growth Model Interpretation

Nor Azam Abdul-Razak, Bakti Hasan-Basri, Mohd Zaini Abd-Karim, Kavintheran Thambitratnam, Thilagavathi Muttu

Universiti Utara Malaysia

asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, management journal

Download Full-Text Pdf

doi

10.31014/aior.1992.01.04.60

​

​

Abstract

In the physics community, there is a new nanomaterial known as graphene which has been invariably referred to as the disruptive technology arguably due to its capability to revolutionize the information and communication technology. In the economics community, there is a celebrated model of economic growth which has been termed the R&D-based growth model due to its stipulation that growth is achieved through creative destruction, an idea introduced by the late economist Joseph Schumpeter. Inasmuch as the idea of disruptive technology is akin to that of creative destruction, this paper explores the extent to which the so-called graphene revolution can be given an R&D-based growth model interpretation. Although such consistency exists, there are some discrepancies which may alter the conclusions of the model.

References

  • Aghion, P. and Howitt, P. (1992). A model of growth through creative destruction. Econometrica. 60: 323 – 351.

  • Ahmad, H., Ismail, M.A., Suthaskumar, M., Tiu, Z.C., Harun, S.W., Zulkifli, M.Z., Samikannu, S., and Sivaraj, S. (2016). S-band Q-switched fiber laser using molybdenum disulfide (MoS2) saturable absorber. Laser Physics Letter. 13: 035103.

  • Ahn, J. and Hong, B. H. (2014). Graphene for displays that bend. Nature Nanotechnology. 9: 737-738.

  • Bao, Q., Zhang, H., Wang, Y., Ni, Z., Yan, Y., Shen, Z.X., Loh, K.P., and Tang, D.Y. (2009). Atomic‐layer graphene as a saturable absorber for ultrafast pulsed lasers. Advanced Functional Materials. 19: 3077.

  • Barro, R. and Salai-Martin, X. (2004). Economic growth. 2nd edition. Cambridge, MA: MIT Press.

  • Bhattacharyya, S. and A.K. Singh (2012). Semiconductor-metal transition in semiconducting bilayer sheets of transition-metal dichalcogenides. Physical Review B. 86 (7): 075454.

  • Charhadeh, J. (2012). A review of graphene transistors. International Journal of Advanced Research in Computer and Communication Engineering. 1: 193 – 197.

  • Electrode. Retrieved from https://en.wikipedia.org/wiki/Electrode.

  • Ferrari, A. et al. (2015). Science and technology roadmap for graphene, related two-dimensional crystals, and hybrid systems. Nanoscale. 7: 4587 – 5062.

  • Geim, A. and Novoselov, K. (2007). The rise of graphene. Nature Materials. 6: 183 – 191.

  • Global Graphene Market Set to Skyrocket. Retrieved from http://www.ceramicindustry.com/articles/95791-global-graphene-market-set-to-skyrocket.

  • Grossman, G. and Helpman, E. (1991). Innovation and growth in the global economy. Cambridge, MA: MIT Press.

  • Grossman, G. and Helpman, E. (1994). Endogenous innovation in the theory of growth. Journal of Economic Perspectives. 8: 23 – 44.

  • Howe, R.C.T, Woodward, R.I., Hu ,G., Yang, Z., Kelleher, E.J.R., and Hasan, T. (2016). Surfactant-aided exfoliation of molybdenum disulfide for ultrafast pulse generation through edge-state saturable absorption. Physical Status Solidi (b). 253: 911.

  • http://www.ceramicindustry.com/articles/95791.

  • Johnson, D. (2010). Breakthrough in creating a band gap for graphene promises huge potential for electronic applications. Retrieved from https://spectrum.ieee.org/nanoclast/semiconductors/nanotechnology/breakthrough-in-creating-a-band-gap-for-graphene-promises-huge-potential-for-electronic-applications

  • Kumar, P., Singh, A., Hussain, S., Hui, K. N., Hui, K. S., Eom, J., Jung, J, and Singh, J.  (2013). Graphene: Synthesis, properties, and application in transparent electronic devices. Reviews in Advanced Sciences and Engineering. 2: 1 – 21.

  • Li, H., Wu, J., Yin, Z., and Zhang, H. (2014). Preparation and applications of mechanically exfoliated single-layer and multilayer MoS₂ and WSe₂ nanosheets. Accounts of Chemical Research. 47: 1067.

  • Novoselov, K., Falko, V., Colombo, L., Gellert, P., Schwab, M., and Kim, K. (2012). A roadmap for graphene. Nature. 490: 192 – 200.

  • Pack, H. (1994). Endogenous growth theory: Intellectual appeals and empirical shortcomings. Journal of Economic Perspectives. 8: 55 – 72.

  • Ren, W. and Cheng, H. (2014). The global growth of graphene. Nature Nanotechnology. 9: 726 – 730.

  • Romer, P. (1990). Endogenous technological change. Journal of Political Economy. 98: S71 – S102.

  • Romer, P. (1994). The origins of endogenous growth. Journal of Economic Perspectives. 8: 3 – 22.

  • Solow, R. (1994). Perspectives on growth theory. Journal of Economic Perspectives. 8: 45 – 54.

  • Song, Y.W., Jang, S.Y., Han, W.S., and Bae, M.K. (2010). Graphene mode-lockers for fiber lasers functioned with evanescent field interaction. Applied Physics Letter. 96: 051122.

  • Sood, A., Lund, I., and Puri, Y. (2015). A review of graphene technology and its applications for electronic devices. International Journal of Engineering Research and Technology. 8: 125 – 141.

  • Sun, Z., A. Martinez, and F. Wang (2016). Optical modulators with 2D layered materials. Nature Photonics. 10 (4): 227-238.

  • Tan, W.D., Su, C.Y., Knize, R.J., Xie, G.Q., Li, L.J., and Tang, D.Y. (2010). Mode locking of ceramic Nd:yttrium aluminum garnet with graphene as a saturable absorber. Applied Physics Letter. 96: 031106.

  • Transistor. Retrieved from https://en.wikipedia.org/wiki/Transistor.

  • Woodford, C. (April 27, 2017). Retrieved from http://www.explainthatstuff.com/howtransistorswork.html.

  • Woodward R.I., Kelleher, E.J.R., Howe, R.C.T., Hu, G., Torrisi, F, Hasan, T, Popov, S.V.   and Taylor, J.R. (2014). Tunable Q-switched fiber laser based on saturable edge-state absorption in few-layer molybdenum disulfide (MoS2). Optical Express. 22: 31113.

  • Yirka, B. (2013). Researchers get around bad gap problem with graphene by using negative differential resistance. Retrieved from https://phys.org/news/2013-08-bad-gap-problem-graphene-negative.html.

  • Zhang, H., Bao, Q., Tang, D., Zhao, L., and Loh, K. (2009). Large energy soliton erbium-doped fiber laser with a graphene-polymer composite mode locker. Applied Physics Letter. 95: 141103.

  • Zhang, S., Dong, N., McEvoy, N., O'Brien, M., Winters, S., Berner, N.C., Yim, C., Li, Y., Zhang, X., Chen, Z., and Zhang, L. (2015). Direct Observation of Degenerate Two-Photon Absorption and Its Saturation in WS2 and MoS2 Monolayer and Few-Layer Films. ACS Nano. 9: 7142.

  • Zhang, H., et al. (2014). Molybdenum disulfide (MoS 2) as a broadband saturable absorber for ultra-fast photonics. Optics Express. 22 (6): 7249-7260.

  • Zurutuza, A. and Marinelli, C. (2014). Challenges and opportunities in graphene commercialization. Nature Nanotechnology. 9: 730-734.

bottom of page