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The determinants of national innovative capacity

Autore: Scott Stern; Michael E Porter; Jeffrey L Furman; National Bureau of Economic Research.
Editore: Cambridge, MA : National Bureau of Economic Research, ©2000.
Serie: Working paper series (National Bureau of Economic Research), working paper no. 7876.
Edizione/Formato:   Libro : EnglishVedi tutte le edizioni e i formati
Banca dati:WorldCat
Sommario:
Motivated by differences in R & D productivity across advanced economies, this paper presents an empirical examination of the determinants of country-level production of international patents. We introduce a novel framework based on the concept of national innovative capacity. National innovative capacity is the ability of a country to produce and commercialize a flow of innovative technology over the long term.  Per saperne di più…
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Tipo materiale: Risorsa internet
Tipo documento: Book, Internet Resource
Tutti gli autori / Collaboratori: Scott Stern; Michael E Porter; Jeffrey L Furman; National Bureau of Economic Research.
Numero OCLC: 45049409
Note: "September 2000."
Descrizione: 56 p. : ill. ; 22 cm.
Titolo della serie: Working paper series (National Bureau of Economic Research), working paper no. 7876.
Altri titoli: National innovative capacity
Responsabilità: Scott Stern, Michael E. Porter, Jeffrey L. Furman.

Abstract:

Motivated by differences in R & D productivity across advanced economies, this paper presents an empirical examination of the determinants of country-level production of international patents. We introduce a novel framework based on the concept of national innovative capacity. National innovative capacity is the ability of a country to produce and commercialize a flow of innovative technology over the long term. National innovative capacity depends on the strength of a nation's common innovation infrastructure (cross-cutting factors which contribute broadly to innovativeness throughout the economy), the environment for innovation in its leading industrial clusters, and the strength of linkages between these two areas. We use this framework to guide our empirical exploration into the determinants of country-level R & D productivity, specifically examining the relationship between international patenting (patenting by foreign countries in the United States) and variables associated with the national innovative capacity framework. While acknowledging important measurement issues arising from the use of patent data, we provide evidence for several findings. First, the production function for international patents is surprisingly well-characterized by a small but relatively nuanced set of observable factors, including R & D manpower and spending, aggregate policy choices such as the extent of IP protection and openness to international trade, and the share of research performed by the academic sector and funded by the private sector. As well, international patenting productivity depends on each individual country's knowledge "stock." Further, the predicted level of national innovative capacity has an important impact on more downstream commercialization and diffusion activities (such as achieving a high market share of high-technology export markets). Finally, there has been convergence among OECD countries in terms of the estimated level of innovative capacity over the past quarter century.

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