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Nanotechnology as general purpose technology

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  • Kreuchauff, Florian
  • Teichert, Nina
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    Abstract

    Scientific literature postulates that nanotechnology is to be considered as general purpose technology (GPT), characterized by pervasiveness, high technological dynamism and the inducement of innovations within a variety of applications. We set out to not only further systematize existing approaches investigating nanotechnology's GPT traits based on patent applications, but to extend the analysis to academic publication data, in order to cover both knowledge creation and application development. By utilizing well established and consolidated indicators of GPT features, such as generality, diffusion, and forward citation rates, as well as contextualized technological coherence as a new weighted generality measure, we compare nanotechnology's research output to the ones of ICT as accepted GPT and of the combustion engine as a non- GPT, representing an upper and lower benchmark, respectively. Moreover, we add the EU27 as new institutional setting. Our results indicate that while nanotechnology is not as clearly perceptible a GPT as ICT is, the potential to develop as such and hence to become an 'engine of growth' is clearly given. --

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    Bibliographic Info

    Paper provided by Karlsruhe Institute of Technology (KIT), Department of Economics and Business Engineering in its series Working Paper Series in Economics with number 53.

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    Date of creation: 2014
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    Handle: RePEc:zbw:kitwps:53

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    Keywords: general purpose technology; nanotechnology; patents; publications; generality; technological coherence;

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    1. Jaffe, Adam B & Trajtenberg, Manuel & Henderson, Rebecca, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 108(3), pages 577-98, August.
    2. Can Huang & Ad Notten & Nico Rasters, 2011. "Nanoscience and technology publications and patents: a review of social science studies and search strategies," The Journal of Technology Transfer, Springer, Springer, vol. 36(2), pages 145-172, April.
    3. Timothy F. Bresnahan & Manuel Trajtenberg, 1992. "General Purpose Technologies "Engines of Growth?"," NBER Working Papers 4148, National Bureau of Economic Research, Inc.
    4. Peter Thompson, 2006. "Patent Citations and the Geography of Knowledge Spillovers: Evidence from Inventor- and Examiner-added Citations," The Review of Economics and Statistics, MIT Press, vol. 88(2), pages 383-388, May.
    5. Zvi Griliches, 1990. "Patent Statistics as Economic Indicators: A Survey," NBER Working Papers 3301, National Bureau of Economic Research, Inc.
    6. repec:fth:harver:1473 is not listed on IDEAS
    7. Jan Youtie & Maurizio Iacopetta & Stuart Graham, 2008. "Assessing the nature of nanotechnology: can we uncover an emerging general purpose technology?," The Journal of Technology Transfer, Springer, Springer, vol. 33(3), pages 315-329, June.
    8. Petra Moser & Tom Nicholas, 2004. "Was Electricity a General Purpose Technology? Evidence from Historical Patent Citations," American Economic Review, American Economic Association, American Economic Association, vol. 94(2), pages 388-394, May.
    9. Mogoutov, Andrei & Kahane, Bernard, 2007. "Data search strategy for science and technology emergence: A scalable and evolutionary query for nanotechnology tracking," Research Policy, Elsevier, Elsevier, vol. 36(6), pages 893-903, July.
    10. Christopher Palmberg & Hélène Dernis & Claire Miguet, 2009. "Nanotechnology: An Overview Based on Indicators and Statistics," OECD Science, Technology and Industry Working Papers 2009/7, OECD Publishing.
    11. Manfred Fischer & Thomas Scherngell & Eva Jansenberger, 2009. "Geographic localisation of knowledge spillovers: evidence from high-tech patent citations in Europe," The Annals of Regional Science, Springer, Springer, vol. 43(4), pages 839-858, December.
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