A Brief Future of Time in the Monopoly of Scientific Knowledge

Simplice Asongu and Jacinta Nwachukwu ()

Comparative Economic Studies, 2016, vol. 58, issue 4, No 6, 638-671

Abstract: Abstract This paper provides global empirical evidence on cross-country differences in scientific and technical publications. Its purpose is to model the future of scientific knowledge monopoly in order to understand whether the impressive growth experienced by latecomers in the industry has been accompanied by a similar catch-up in scientific capabilities and knowledge contribution. The empirical evidence for the period 1994–2010 is based on 41 panels which together consist of 99 countries. The large dataset allows us to disaggregate countries into fundamental characteristics based on income levels (high-income, lower-middle-income, upper-middle-income and low-income), legal origins (English common-law, French civil-law, German civil-law and Scandinavian civil-law) and regional proximity (South Asia, Europe and Central Asia; East Asia and the Pacific; Middle East and North Africa; Latin America and the Caribbean and Sub-Saharan Africa). Three main issues are investigated: the presence or not of catch-up processes, the speed of the catch-up processes and the time needed for a complete elimination of country differences in scientific and technical publications. The findings based on absolute and conditional catch-up patterns broadly show that advanced countries will continue to dominate in scientific knowledge contribution. Policy implications are discussed.

Keywords: research and development; catch-up (search for similar items in EconPapers)
JEL-codes: F42 O10 O30 O38 O57 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (28)

Downloads: (external link)
http://link.springer.com/10.1057/s41294-016-0008-y Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: A brief future of Time in the monopoly of scientific knowledge (2013)
Working Paper: A brief future of Time in the monopoly of scientific knowledge (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:compes:v:58:y:2016:i:4:d:10.1057_s41294-016-0008-y

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/41294/PS2

DOI: 10.1057/s41294-016-0008-y

Access Statistics for this article

Comparative Economic Studies is currently edited by Nauro Campos

More articles in Comparative Economic Studies from Palgrave Macmillan, Association for Comparative Economic Studies Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().