Template-Type: ReDIF-Paper 1.0
Author-Name: Christian Chacua
Author-Workplace-Name: Harvard's Growth Lab
Author-Name: Shreyas Gadgin Matha
Author-Name: Matte Hartog
Author-Email: matte_hartog@hks.harvard.edu
Author-Workplace-Name: Center for International Development at Harvard University
Author-Name: Ricardo Hausmann
Author-Email: ricardo_hausmann@harvard.edu
Author-Workplace-Name: Harvard's Growth Lab
Author-Person: pha552
Author-Name: Muhammed A. Yildirim
Author-Workplace-Name: Center for International Development at Harvard University
Title: Global Trends in Innovation Patterns: A Complexity Approach
Abstract: Technological know-how in a country shapes its growth potential and competitiveness. Scientific publications, patents, and international trade data offer complementary insights into how ideas from science, technology, and production evolve, combine, and are transformed into capabilities. Analyzing their trajectories enables a more comprehensive and multifaceted understanding of the whole innovation process, from generating ideas to internationally commercializing products. We analyze the production patterns in these three domains, documenting the differences between advanced and emerging market economies. We find that future income, patenting, and publishing growth correlate with the economic complexity indices calculated from these domains. Capabilities embedded in the country also shape future diversification opportunities and make the innovation process path dependent. Lastly, we also show that diversification opportunities can be inferred across innovation domains.
Creation-Date: 2024-09
Classification-JEL: O25, O30, O38, F60
Keywords: economic complexity, innovation complexity, scientific complexity
Number: 235
Handle: RePEc:glh:wpfacu:235
File-Url: https://growthlab.hks.harvard.edu/sites/projects.iq.harvard.edu/files/2024-09-glwp-235-global-trends-innovation-patterns.pdf
File-Format: application/pdf