Technologies fly on the wings of science
M. Pezzoni,
Reinhilde Veugelers and
Fabiana Visentin
No 2023-036, MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT)
Abstract:
This paper investigates how science affects the geographical evolution of technological trajectories. We define a technological trajectory as a series of inventions re-using the same technology, and we follow the geographical development of trajectories by geo-localizing inventors. Following 10,782 trajectories, we find that technologies with a high scientific content travel longer distances and are more likely to generate new inventors’ clusters than technologies with low scientific content, especially in their growth and maturity phases.
JEL-codes: O30 O33 (search for similar items in EconPapers)
Date: 2023-10-16
New Economics Papers: this item is included in nep-ino and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:unm:unumer:2023036
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