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The dynamics of national innovation systems: a panel cointegration analysis of the coevolution between innovative capability and absorptive capacity

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  • Fulvio, Castellacci
  • Jose Miguel, Natera

Abstract

This paper puts forward the idea that the dynamics of national innovation systems is driven by the coevolution of two main dimensions: innovative capability and absorptive capacity. The empirical analysis employs a broad set of indicators measuring national innovative capabilities and absorptive capacity for a panel of 98 countries in the period 1980-2008, and makes use of panel cointegration analysis to investigate long-run relationships and coevolution patterns among these variables. The results indicate that the dynamics of national systems of innovation is driven by the coevolution of three innovative capability variables (technological output, scientific output, innovative input), on the one hand, and three absorptive capacity factors (income per capita, infrastructures and international trade), on the other.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 31583.

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Date of creation: Jun 2011
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Handle: RePEc:pra:mprapa:31583

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Keywords: national systems of innovation; innovative capability; absorptive capacity; economic growth and development; coevolution; panel cointegration analysis;

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Cited by:
  1. Choung, Jae-Yong & Hwang, Hye-Ran & Song, Wichin, 2014. "Transitions of Innovation Activities in Latecomer Countries: An Exploratory Case Study of South Korea," World Development, Elsevier, Elsevier, vol. 54(C), pages 156-167.
  2. Matthijs Janssen & Carolina Castaldi & Alexander Alexiev, 2014. "Dynamic capabilities for service innovation: conceptualization and measurement," Working Papers, Eindhoven Center for Innovation Studies 14-07, Eindhoven Center for Innovation Studies, revised Mar 2014.
  3. Sultan Mehmood, 2013. "Access to External Finance and Innovation: A Macroeconomic Perspective," CPB Discussion Paper 218, CPB Netherlands Bureau for Economic Policy Analysis.
  4. Fulvio, Castellacci, 2012. "Business Groups, Innovation and Institutional Voids in Latin America," MPRA Paper 41481, University Library of Munich, Germany.

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