The influence of bottlenecks on innovation systems performance: Put the slowest climber first

José Zofío, Juan Aparicio, Javier Barbero and Jon Mikel Zabala-Iturriagagoitia

Technological Forecasting and Social Change, 2023, vol. 193, issue C

Abstract: This paper contributes to the literature with a methodology that helps identify the functions that constrain the overall performance of an innovation system, hence providing clear guidelines to policymakers on the direction of their interventions. This methodology relies on the notion of penalty for bottleneck, which is defined as the weakest link or the binding constraint that holds back system performance. These penalty bottlenecks are applied to all the indicators that characterize innovation systems, and consider its input-output mix when assessing their performance through a Productivity Innovation Index. The data provided by the 2021 edition of the European Innovation Scoreboard are used to illustrate the utility of the method introduced in the paper.

Keywords: Innovation systems; Indicators; European innovation scoreboard; Bottleneck; Productivity innovation index; Innovation policy (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:193:y:2023:i:c:s0040162523002925

DOI: 10.1016/j.techfore.2023.122607

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