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The increasing dominance of science in the economy: Which nations are successful?

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  • Ali Gazni

    (Regional Information Center for Science and Technology)

  • Zahra Ghaseminik

    (ISC)

Abstract

We analyzed breakthrough patents that serve as the basis of emerging technological trajectories and paradigm over 25-years. The results showed that although technological fields have a different degree of dependency on science, the major part of the patents is now science-dependent. The results suggest that the relationship of science to economic growth has fundamentally changed. Over time, science-dependent innovations increasingly have dominated in the innovation-based economy; however, a large number of most productive countries in scientific research even with strong technological, and financial backing doesn’t have the motivation and ability to turn science to wealth-generating innovations.

Suggested Citation

  • Ali Gazni & Zahra Ghaseminik, 2019. "The increasing dominance of science in the economy: Which nations are successful?," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(3), pages 1411-1426, September.
    • Handle: RePEc:spr:scient:v:120:y:2019:i:3:d:10.1007_s11192-019-03161-5
    DOI: 10.1007/s11192-019-03161-5
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