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The fruits of intellectual production: economic and scientific specialisation among OECD countries

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  • Keld Laursen
  • Ammon Salter

Abstract

This paper brings together data from 17 OECD countries on scientific publications, patents and production, to explore the relationship between scientific and economic specialisation for 17 manufacturing industries. Since Marx, there has been a fundamental debate in economics about the link between science and the economic system. Marx argued that the needs of production shape scientific developments and that science has become a factor of production, whereas Polanyi argued that developments in science are largely independent of the economic sphere. Using a panel data model and econometric estimations at the industry level, the paper derives some hypotheses from the two positions and finds that, while the overall evidence on the link between national production and scientific specialisation is mixed, it is important to have high levels of relevant to-the-industry scientific strength per capita in order to be specialised in science-based industries. Copyright 2005, Oxford University Press.

Suggested Citation

  • Keld Laursen & Ammon Salter, 2005. "The fruits of intellectual production: economic and scientific specialisation among OECD countries," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 29(2), pages 289-308, March.
    • Handle: RePEc:oup:cambje:v:29:y:2005:i:2:p:289-308
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    File URL: http://hdl.handle.net/10.1093/cje/bei032
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    Cited by:

    1. Krammer, Sorin M.S., 2017. "Science, technology, and innovation for economic competitiveness: The role of smart specialization in less-developed countries," Technological Forecasting and Social Change, Elsevier, vol. 123(C), pages 95-107.
    2. Anthony Arundel & Aldo Geuna, 2004. "Proximity and the use of public science by innovative European firms," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 13(6), pages 559-580.
    3. Maxim N. Kotsemir & Tatiana E. Kuznetsova & Elena G. Nasybulina & Anna G. Pikalova, 2015. "Empirical Analysis of Multinational S&T Collaboration Priorities –The Case of Russia," HSE Working papers WP BRP 53/STI/2015, National Research University Higher School of Economics.
    4. Maxim Kotsemir & Tatiana Kuznetsova & Elena Nasybulina & Anna Pikalova, 2015. "Identifying Directions for Russia’s Science and Technology Cooperation," Foresight-Russia Форсайт, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 9(4 (eng)), pages 54-72.
    5. Jane Marceau, 2007. "Bringing science to life in Australia: the need for a new approach in human health biotechnology policy," The Journal of Technology Transfer, Springer, vol. 32(4), pages 303-327, August.
    6. Castellacci, Fulvio, 2006. "The interactions between national systems and sectoral patterns of innovation: a cross-country analysis of Pavitt’s taxonomy," MPRA Paper 27601, University Library of Munich, Germany.
    7. Valentina Meliciani, 2010. "Exports of Knowledge-intensive Services and Manufactures: The Role of ICTs and Intersectoral Linkages," Chapters, in: Robert M. Solow & Jean-Philippe Touffut (ed.), The Shape of the Division of Labour, chapter 4, Edward Elgar Publishing.
    8. Laursen, Keld & Meliciani, Valentina, 2010. "The role of ICT knowledge flows for international market share dynamics," Research Policy, Elsevier, vol. 39(5), pages 687-697, June.
    9. Keld Laursen, 2015. "Revealed comparative advantage and the alternatives as measures of international specialization," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 5(1), pages 99-115, June.
    10. Alessandra Colombelli & Antonio De Marco & Emilio Paolucci & Riccardo Ricci & Giuseppe Scellato, 2021. "University technology transfer and the evolution of regional specialization: the case of Turin," The Journal of Technology Transfer, Springer, vol. 46(4), pages 933-960, August.
    11. Hemert, P. van & Nijkamp, P., 2009. "Knowledge investments, business R&D and innovativeness of countries. A qualitative meta-analytic comparison," Serie Research Memoranda 0041, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    12. Castellacci, Fulvio, 2008. "Innovation and the competitiveness of industries: comparing the mainstream and the evolutionary approaches," MPRA Paper 27523, University Library of Munich, Germany.

    More about this item

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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