Patents for Evidence-Based Decision-Making and Smart Specialization
33 Pages Posted: 8 Oct 2018
Date Written: September 26, 2018
The paper compares and contrasts the patent-based indicators, traditionally used to assess a country’s technological capacities and specialization. It seeks to determine how a chosen metric might affect the results of such an analysis, sometimes being misleading. Empirically, the paper is based on the statistical information on patent activity of the top-10 patenting countries. It concludes with a clear demonstration of the need to employ a complex of patent-related indicators to make deliberate solutions on managing technological development of a country. Also the authors offer a taxonomy of technological capacities, which might further help understanding their current status and prospects for future progress. Above the methodological implications, the paper might be of an interest for policy-makers and practitioners as it analyzes the patent profiles and technological specialization of the global leaders.
Keywords: technological development, technological specialization, patent statistics
JEL Classification: O31, O32, O33, O34, O38, O57
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