A simple index of innovation with complexity

Jose Fernandez Donoso ()

No 4, Serie Working Papers from Universidad del Desarrollo, School of Business and Economics

Abstract: Patents are the main source of data on innovation. Since most of the innovative activity happens outside of the patenting system, and since patents –and innovations- have different quality, complexity, and impact on each market, unweighted sums of patents and proxies are a bad indicator of a country’s innovative activity. I generate a very simple index of innovation that weights patents and exports by a complexity measure. Country rankings using this measure are consistent with market size, GDP per capita, and technological development of each country

Keywords: Innovation; Mesure of innovation; Patenting; Technological development (search for similar items in EconPapers)
Pages: 21 pages
Date: 2016-01
New Economics Papers: this item is included in nep-ino, nep-ipr, nep-pr~ and nep-knm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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http://repositorio.udd.cl/bitstream/handle/11447/152/wp04.pdf?sequence=1 First version, 2016 (application/pdf)

Related works:
Journal Article: A simple index of innovation with complexity (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:dsr:wpaper:04

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