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The Inventor Balance and the Functional Specialization in Global Inventive Activities

Author

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  • Lucio Picci

    () (University of Bologna)

  • Luca Savorelli

    () (University of St Andrews)

Abstract

Inventors and organizational assets are inputs for inventive activities which are increasingly provided at a global scale. Internationalization, in turn, has created scope for countries to specialize in the provision of one or the other type of inputs. We introduce a new patent-based metric, the “inventor balance”, to quantify this type of functional specialization, which we discover to be considerable, and we propose a conceptual framework to explain it. We find a progressive “decoupling” of national sub-systems providing respectively inventors and organizational assets. Moreover, we find that countries with a high level of innovativeness relative to their economic development, high technological specialization, and strong individualistic cultural traits contribute relatively more inventors than organizations.

Suggested Citation

  • Lucio Picci & Luca Savorelli, 2015. "The Inventor Balance and the Functional Specialization in Global Inventive Activities," Discussion Paper Series, School of Economics and Finance 201502, School of Economics and Finance, University of St Andrews, revised 15 Apr 2016.
  • Handle: RePEc:san:wpecon:1502
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    References listed on IDEAS

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    Keywords

    Patents; Inventor balance; Inventor criterion; Applicant criterion; Internationalization of R&D; Specialization.;

    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
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F29 - International Economics - - International Factor Movements and International Business - - - Other

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