Composite indicator for regional innovative systems of the countries with developing and transitional economy
AbstractPresent article introduces composite indicator for regional innovative systems of the countries with developing and transitional economy. Using the factor analysis technique it exposes four principal unobservable factors, which reflect basic aspects of regional innovative systems. Those factors are used as sub indicators to elaborate composite indicator of the regional innovative systems. This composite indicator may be used for measurement of the regions innovative lavel. Proposed composite indicator can be easily adapted for other countries with developing and transitional economy (e.g. for the post USSR space). By way of illustration here are provided calculations of sub indicators and the composite indicator for Georgian regions (GRIS-2010).
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 43911.
Date of creation: 15 Jan 2013
Date of revision:
Regional innovation systems; Developing countries; Countries in transition; Composite indicator; Factor analysis;
Find related papers by JEL classification:
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-01-26 (All new papers)
- NEP-INO-2013-01-26 (Innovation)
- NEP-KNM-2013-01-26 (Knowledge Management & Knowledge Economy)
- NEP-TRA-2013-01-26 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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