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The Exports of Knowledge Intensive Services. A Complex Metric Approach

Author

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  • Leogrande, Angelo
  • Costantiello, Alberto
  • Laureti, Lucio

Abstract

In the following article, the value of the "Knowledge Intensive Services Exports in Europe" in 36 European countries is estimated. The data were analyzed through a set of econometric models or: Poled OLS, Dynamic Panel, Panel Data with Fixed Effects, Panel Data with Random Effects, WLS. The results show that “Knowledge Intensive Services Exports” is negatively associated, among others, with "Buyer Sophistication", "Government Procurement of Advanced Technology Products", and positively associated with the following variables i.e. "Innovation Index", "Sales Impacts" and "Total Entrepreneurial Activity". Then a clusterization with k-Means algorithm was made with the Elbow method. The results show the presence of 3 clusters. A network analysis was later built and 4 complex network structures and three structures with simplified networks were detected. To predict the future trend of the variable, a comparison was made with eight different machine learning algorithms. The results show that prediction with Augmented Data-AD is more efficient than prediction with Original Data-AD with a reduction of the mean of statistical errors equal to 55,94%.

Suggested Citation

  • Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio, 2022. "The Exports of Knowledge Intensive Services. A Complex Metric Approach," MPRA Paper 113348, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:113348
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    File URL: https://mpra.ub.uni-muenchen.de/113348/1/MPRA_paper_113348.pdf
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    References listed on IDEAS

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    1. Loet Leydesdorff & Caroline S. Wagner & Igone Porto‐Gomez & Jordan A. Comins & Fred Phillips, 2019. "Synergy in the knowledge base of U.S. innovation systems at national, state, and regional levels: The contributions of high‐tech manufacturing and knowledge‐intensive services," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 70(10), pages 1108-1123, October.
    2. Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio & Matarrese, Marco Maria, 2022. "Innovative SMEs Collaborating with Others in Europe," MPRA Paper 113008, University Library of Munich, Germany.
    3. Costantiello, Alberto & Laureti, Lucio & De Cristoforo, Gianluca & Leogrande, Angelo, 2021. "The Innovation-Sales Growth Nexus in Europe," MPRA Paper 106858, University Library of Munich, Germany, revised 28 Mar 2021.
    4. Sara Amoroso & Bettina Müller, 2018. "The short-run effects of knowledge intensive greenfield FDI on new domestic entry," The Journal of Technology Transfer, Springer, vol. 43(3), pages 815-836, June.
    5. Laureti, Lucio & Costantiello, Alberto & Matarrese, Marco Maria & Leogrande, Angelo, 2022. "The Employment in Innovative Enterprises in Europe," MPRA Paper 111335, University Library of Munich, Germany.
    6. Maja Bacovic, 2021. "Exports of Services, Output and Productivity Growth in Europe," Asian Development Policy Review, Asian Economic and Social Society, vol. 9(4), pages 209-219.
    7. Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio & Leogrande, Domenico, 2021. "The Determinants of Design Applications in Europe," MPRA Paper 110836, University Library of Munich, Germany.
    8. Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio, 2021. "The Broadband Penetration in Europe," MPRA Paper 110457, University Library of Munich, Germany.
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    Citations

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    Cited by:

    1. Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio, 2022. "k-Means Clusterization and Machine Learning Prediction of European Most Cited Scientific Publications," MPRA Paper 114273, University Library of Munich, Germany.
    2. Costantiello, Alberto & Leogrande, Angelo, 2023. "The Impact of Research and Development Expenditures on ESG Model in the Global Economy," MPRA Paper 117013, University Library of Munich, Germany.
    3. Costantiello, Alberto & Laureti, Lucio & Leogrande, Angelo, 2022. "The Determinants of Lifelong Learning in Europe," MPRA Paper 114053, University Library of Munich, Germany.
    4. Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio, 2022. "The Opportunity Driven Entrepreneurship in the Context of Innovation Systems in Europe in the Period 2010-2019," MPRA Paper 114716, University Library of Munich, Germany.
    5. Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio, 2022. "The Export of Medium and High-Tech Products Manufactured in Europe," MPRA Paper 114215, University Library of Munich, Germany.
    6. Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio, 2022. "The impact of patent applications on technological innovation in European countries," MPRA Paper 115346, University Library of Munich, Germany.

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    More about this item

    Keywords

    Innovation; and Invention: Processes and Incentives; Management of Technological Innovation and R&D; Diffusion Processes; Open Innovation.;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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