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Recent trends in the economics of innovation literature through the lens of Industrial and Corporate Change

Author

Listed:
  • David Nascimento

    (Faculdade de Economia, Universidade do Porto)

  • Aurora A.C. Teixeira

    (CEF.UP, Faculdade de Economia, Universidade do Porto; INESC Porto; OBEGEF)

Abstract

Literature on the economics of innovation has been in constant change. We quantitatively assess recent trends in this literature in terms of research topics and types of research. Departing from a comprehensive qualitative and quantitative survey of influential innovation handbooks, this paper draws on the review and analysis of all articles published in Industrial and Corporate Change, since its foundation to 2009. Our results reveal that ‘Conceptual/Economic Thought’, ‘Intellectual Property Rights’, and ‘Measurement of Innovation’ topics have shown striking trends over the period in analysis. Moreover, although both ‘Appreciative plus Empirical’ and ‘Formal plus Empirical’ types of research have grown, suggesting a ‘virtuous’ trend towards the analytical and predictive efficacy of theory, purely ‘Empirical’ studies have markedly increased, which may indicate that a connection between theory and empirics is (increasingly) lacking in the field of the economics of innovation.

Suggested Citation

  • David Nascimento & Aurora A.C. Teixeira, 2010. "Recent trends in the economics of innovation literature through the lens of Industrial and Corporate Change," FEP Working Papers 395, Universidade do Porto, Faculdade de Economia do Porto.
    • Handle: RePEc:por:fepwps:395
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Economics of Innovation; Methodology; Bibliometrics;
    All these keywords.

    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
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • C89 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other

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