Patents and Economic Growth in the Long Term. A Quantitative Approach
AbstractThe work is a quantitative analysis on the relationship between technology and economic development from data on patents from over twenty countries from the beginning of the 19th century till the end of the twentieth century. The cross section regressions between patents and per capita income show a high correlation between both variables and allow the positive effect of technological innovation on economic development to be seen. The regressions between the time series of patent applications in Spain between 1826 and 1985 and some economic variables indicate in similar fashion that there is a positive correlation between both variables, especially between patents and Gross Fixed Capital Formation.
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Bibliographic InfoArticle provided by ULB -- Universite Libre de Bruxelles in its journal Brussels economic review.
Volume (Year): 52 (2009)
Issue (Month): 3/4 ()
Note: Numéro Spécial « Vers une nouvelle histoire économique des brevets ?» Editeurs :Claude Diebolt et Karine Pellier
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Postal: CP135, 50, avenue F.D. Roosevelt, 1050 Bruxelles
Web page: http://difusion.ulb.ac.be
More information through EDIRC
Patent statistics; Technological Innovation; Economic Growth; Modern History; International Comparisons; Spain;
Find related papers by JEL classification:
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
- N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative
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