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Trends in R&D, innovation and productivity in Sweden 1985-2002

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Author Info

  • Ejermo, Olof

    ()
    (CIRCLE, Lund University)

  • Kander, Astrid

    ()
    (CIRCLE, Lund University)

Abstract

We use a new, comprehensive database covering Swedish industry and service firms 1985-2002, to examine trends in the ratio between patenting and R&D (PR-ratio). There is a fall in PR-ratios in the long run (1985-2002) on the aggregate level and for all sectors. In general low-tech sectors perform better in terms of PR-ratios than high-tech sectors. A fall in the PR-ratio could be offset by increasing patent quality. We use two indicators of quality in this paper: forward citations and family size. The quality-adjusted PR-ratios also fall in the long run, but unlike the raw PR-ratio that falls drastically after 1997, the fall only takes place in the first half of the period (1985-1994), and then levels out. There is thus strong correlation between the Swedish economic growth performance and the quality-adjusted PR-ratios. The trend in the quality adjusted PR-ratio is mainly driven by the Paper, pulp and paper products industry together with R&D in science, engineering and medicine. We find high correlation between quality-adjusted-patents and R&D at the sector level, but not between quality-adjusted-patents and growth in value added or labour productivity.

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File URL: http://www.circle.lu.se/upload/CIRCLE/workingpapers/200609_Ejermo_Kander.pdf
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Bibliographic Info

Paper provided by Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy in its series Papers in Innovation Studies with number 2006/9.

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Length: 21 pages
Date of creation: 01 Oct 2006
Date of revision:
Handle: RePEc:hhs:lucirc:2006_009

Contact details of provider:
Postal: CIRCLE, Lund University, PO Box 117, SE-22100 Lund, Sweden
Phone: +46 (0) 46 222 74 68
Web page: http://www.circle.lu.se/
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Related research

Keywords: patents; quality-adjustment; R&D; time trends; productivity;

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  1. Ejermo, Olof & Kander, Astrid, 2006. "The Swedish Paradox," CIRCLE Electronic Working Papers 2006/1, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
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