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Composite indicator for regional innovative systems of the countries with developing and transitional economy

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  • Gogodze, Joseph

Abstract

Present 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 Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 43911.

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Date of creation: 15 Jan 2013
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Handle: RePEc:pra:mprapa:43911

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Keywords: Regional innovation systems; Developing countries; Countries in transition; Composite indicator; Factor analysis;

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  1. Daniele Archibugi & Alberto Coco, 2004. "A New Indicator of Technological Capabilities for Developed and Developing Countries (ArCo)," CEIS Research Paper 44, Tor Vergata University, CEIS.
  2. Arabella Bhutto & Pir Irfanullah Rashdi & Qazi Moinuddin Abro, 2012. "Indicators for science and technology policy in Pakistan: Entering the science, technology and innovation paradigm," Science and Public Policy, Oxford University Press, vol. 39(1), pages 1-12, January.
  3. Cooke, Philip & Gomez Uranga, Mikel & Etxebarria, Goio, 1997. "Regional innovation systems: Institutional and organisational dimensions," Research Policy, Elsevier, vol. 26(4-5), pages 475-491, December.
  4. Parto, Saeed & Doloreux, David, 2004. "Regional Innovation Systems: A Critical Synthesis," UNU-INTECH Discussion Paper Series 17, United Nations University - INTECH.
  5. Birgitte Gregersen & Bjorn Johnson, 1997. "Learning Economies, Innovation Systems and European Integration," Regional Studies, Taylor & Francis Journals, vol. 31(5), pages 479-490.
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