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The inventor balance and the functional specialization in global inventive activities
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dc.contributor.author | Savorelli, Luca | |
dc.contributor.author | Picci, Lucio | |
dc.date.accessioned | 2015-06-09T15:10:11Z | |
dc.date.available | 2015-06-09T15:10:11Z | |
dc.date.issued | 2015-01-19 | |
dc.identifier.citation | Savorelli , L & Picci , L 2015 ' The inventor balance and the functional specialization in global inventive activities ' School of Economics & Finance Discussion Paper , no. 1502 , University of St Andrews , pp. 1-41 . | en |
dc.identifier.issn | 0962-4031 | |
dc.identifier.other | PURE: 194148542 | |
dc.identifier.other | PURE UUID: e8f658ea-5ee8-4553-bb7e-1b6469cc3ced | |
dc.identifier.uri | https://hdl.handle.net/10023/6789 | |
dc.description.abstract | We study the functional specialization whereby some countries contribute relatively more inventors vs. organizations in the production of inventions at a global scale. We propose a conceptual framework to explain this type of functional specialization, which posits the presence of feedbacks between two distinct sub-systems, each one providing inventors and organizations. We quantify the phenomenon by means of a new metric, the “inventor balance”, which we compute using patent data. We show that the observed imbalances, which are often conspicuous, are determined by several factors: the innovativeness of a country relative to its level of economic development, relative factor endowments, the degree of technological specialization and, last, cultural traits. We argue that the “inventor balance” is a useful indicator for policy makers, and its routine analysis could lead to better informed innovation policies. | |
dc.format.extent | 41 | |
dc.language.iso | eng | |
dc.publisher | University of St Andrews | |
dc.relation.ispartof | en | |
dc.relation.ispartofseries | School of Economics & Finance Discussion Paper | en |
dc.rights | (c) the author 2015 | en |
dc.subject | Patents | en |
dc.subject | Inventor balance | en |
dc.subject | Inventor criterion | en |
dc.subject | Applicant criterion | en |
dc.subject | Internationalization of R&D | en |
dc.subject | Specialization | en |
dc.subject | HD Industries. Land use. Labor | en |
dc.subject | HB Economic Theory | en |
dc.subject | SDG 8 - Decent Work and Economic Growth | en |
dc.subject | SDG 15 - Life on Land | en |
dc.subject.lcc | HD | en |
dc.subject.lcc | HB | en |
dc.title | The inventor balance and the functional specialization in global inventive activities | en |
dc.type | Working or discussion paper | en |
dc.description.version | Postprint | en |
dc.contributor.institution | University of St Andrews. School of Economics and Finance | en |
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