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The Nature of Inventive Activities: Evidence from a Data-Set of the Okouchi Prizes and a Comparison with the R&D 100 Awards


  • Shimizu, Hiroshi
  • Hoshino, Yusuke


This paper conducts preliminary analysis on technological innovation by using prize and award data sets: the Okouchi Prizes and the R&D 100 Awards. It aims to outline longitudinal patterns of award-winning industries, organizational type, and inter-organizational collaboration. First, it shows that most awards in the 1960s were given in the area of electric appliances. The iron and steel industry was the second leading prize winner of the Okouchi Prizes. Meanwhile, the segment of transportation equipment, one of the Japan’s leading industries, fared poorly. Looking at the R&D 100 Awards, this segment’s presence has increased in Japan, while it has decreased in the U.S. since the 1970s. Lastly, the inter-organizational collaboration ratio was higher in Japan than in the U.S. until the 1980s. However, the U.S. showed an increase in the collaboration ratio starting in the 1980s, when the ratio dramatically dropped in Japan.

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  • Shimizu, Hiroshi & Hoshino, Yusuke, 2012. "The Nature of Inventive Activities: Evidence from a Data-Set of the Okouchi Prizes and a Comparison with the R&D 100 Awards," IIR Working Paper 12-02, Institute of Innovation Research, Hitotsubashi University.
  • Handle: RePEc:hit:iirwps:12-02

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    1. Miwa, Yoshiro & Ramseyer, J. Mark, 2006. "The Fable of the Keiretsu," University of Chicago Press Economics Books, University of Chicago Press, edition 0, number 9780226532707, March.
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    3. Fontana, Roberto & Nuvolari, Alessandro & Shimizu, Hiroshi & Vezzulli, Andrea, 2009. "The Nature of Inventive Activities : Evidence from a Data-Set of R&D Awards," IIR Working Paper 09-09, Institute of Innovation Research, Hitotsubashi University.
    4. Zvi Griliches, 1998. "Patent Statistics as Economic Indicators: A Survey," NBER Chapters,in: R&D and Productivity: The Econometric Evidence, pages 287-343 National Bureau of Economic Research, Inc.
    5. Carpenter, Mark P. & Narin, Francis & Woolf, Patricia, 1981. "Citation rates to technologically important patents," World Patent Information, Elsevier, vol. 3(4), pages 160-163, October.
    6. Cockburn, Iain M & Henderson, Rebecca M, 1998. "Absorptive Capacity, Coauthoring Behavior, and the Organization of Research in Drug Discovery," Journal of Industrial Economics, Wiley Blackwell, vol. 46(2), pages 157-182, June.
    7. Freeman, C., 1991. "Networks of innovators: A synthesis of research issues," Research Policy, Elsevier, vol. 20(5), pages 499-514, October.
    8. Asanuma, Banri, 1989. "Manufacturer-supplier relationships in Japan and the concept of relation-specific skill," Journal of the Japanese and International Economies, Elsevier, vol. 3(1), pages 1-30, March.
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