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The ‘inventor balance’ and the functional specialization in global inventive activities

Research output: Contribution to journalArticle

Author(s)

Lucio Picci, Luca Savorelli

School/Research organisations

Abstract

Inventors and organizational assets are inputs of inventive activities which are often provided at a global scale, where countries might specialize in the provision of one or the other type of inputs. We introduce a new patent-based metric, the 'inventor balance', to quantify this type of functional specialization, which we discover to be considerable, and we propose a conceptual framework to explain it. We observe a progressive 'decoupling' of national sub-systems providing respectively inventors and organizational assets. Moreover, we find that countries with a high level of innovativeness relative to their economic development, high technological specialization, and strong individualistic cultural traits, contribute relatively more inventors than organizations to the global production of inventions.
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Details

Original languageEnglish
Pages (from-to)39-61
Number of pages23
JournalEconomics of Innovation and New Technology
Volume27
Issue number1
Early online date14 Mar 2017
DOIs
Publication statusPublished - Jan 2018

    Research areas

  • Patents, Inventor balance, Inventor criterion, Applicant criterion, Internationalization of R&D, Specialization, Technology gaps

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