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The Inventor Balance and the Functional Specialization in Global Inventive Activities

Lucio Picci and Luca Savorelli ()

No 201502, Discussion Paper Series, School of Economics and Finance from School of Economics and Finance, University of St Andrews

Abstract: Inventors and organizational assets are inputs for inventive activities which are increasingly provided at a global scale. Internationalization, in turn, has created scope for countries to specialize in the provision of one or the other type of inputs. We introduce a new patent-based metric, the “inventor balance”, to quantify this type of functional specialization, which we discover to be considerable, and we propose a conceptual framework to explain it. We find a progressive “decoupling” of national sub-systems providing respectively inventors and organizational assets. Moreover, we find that countries with a high level of innovativeness relative to their economic development, high technological specialization, and strong individualistic cultural traits contribute relatively more inventors than organizations.

Keywords: Patents; Inventor balance; Inventor criterion; Applicant criterion; Internationalization of R&D; Specialization. (search for similar items in EconPapers)
JEL-codes: O31 O34 F21 F23 F29 (search for similar items in EconPapers)
Date: 2015-01-19, Revised 2016-04-15
New Economics Papers: this item is included in nep-ino, nep-ipr and nep-pr~
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