The dynamics of international patents production: A panel smooth transition regression approach
Jamel Trabelsi (),
Arbia jihène Jebeniani () and
Sofiene Omri ()
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Jamel Trabelsi: BETA University of Strasbourg
Arbia jihène Jebeniani: LEFA IHEC Carthage
Sofiene Omri: IHEC Carthage, BETA UdS
Economics Bulletin, 2024, vol. 44, issue 1, 466 - 489
Abstract:
The main aim of this paper is to evaluate the major determinants of country-level production of international patents. We investigate a nonlinear relationship between ICTs' components and patents, using a PSTAR model based on the national innovative capacity framework. More particularly, we incorporate a wide set of policy and economic factors explaining cross-countries difference in the intensity of innovation. Our empirical results confirm the finding of R. Inglesi-Lotz and al (2018) whereby the Organization for Economic Co-operation and Development (OECD) and BRICS countries should not exceed the optimal levels of 1.688 and 0.975 (in % of GDP), respectively to engage in patenting and to get involved in the innovation system. The major explanations of our finding are the particular devoting of R&D budget to various sectors and the re-allocation of R&D resources in other productive sectors.
Keywords: National innovative capacity; National innovation systems; Patents; PSTAR, R&D productivity (search for similar items in EconPapers)
JEL-codes: Y1 (search for similar items in EconPapers)
Date: 2024-03-30
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-21-01026
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