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Global Trends in Innovation Patterns: A Complexity Approach

Author

Listed:
  • Christian Chacua

    (Harvard's Growth Lab)

  • Shreyas Gadgin Matha
  • Matte Hartog

    (Center for International Development at Harvard University)

  • Ricardo Hausmann

    (Harvard's Growth Lab)

  • Muhammed A. Yildirim

    (Center for International Development at Harvard University)

Abstract

Technological know-how in a country shapes its growth potential and competitiveness. Scientific publications, patents, and international trade data offer complementary insights into how ideas from science, technology, and production evolve, combine, and are transformed into capabilities. Analyzing their trajectories enables a more comprehensive and multifaceted understanding of the whole innovation process, from generating ideas to internationally commercializing products. We analyze the production patterns in these three domains, documenting the differences between advanced and emerging market economies. We find that future income, patenting, and publishing growth correlate with the economic complexity indices calculated from these domains. Capabilities embedded in the country also shape future diversification opportunities and make the innovation process path dependent. Lastly, we also show that diversification opportunities can be inferred across innovation domains.

Suggested Citation

  • Christian Chacua & Shreyas Gadgin Matha & Matte Hartog & Ricardo Hausmann & Muhammed A. Yildirim, 2024. "Global Trends in Innovation Patterns: A Complexity Approach," Growth Lab Working Papers 235, Harvard's Growth Lab.
    • Handle: RePEc:glh:wpfacu:235
    as

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    File URL: https://growthlab.hks.harvard.edu/sites/projects.iq.harvard.edu/files/2024-09-glwp-235-global-trends-innovation-patterns.pdf
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    More about this item

    Keywords

    economic complexity; innovation complexity; scientific complexity;
    All these keywords.

    JEL classification:

    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

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