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National innovation systems, capabilities and economic development

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  • Jan Fagerberg

    (Centre for Technology, Innovation and Culture, University of Oslo)

  • Martin Srholec

    (Centre for Technology, Innovation and Culture, University of Oslo)

Abstract

This paper focuses on the role of capabilities for economic development. In recent years data on different aspects of development have improved a lot. This provides new opportunities for in-depth research on capabilities and their measurement. The analysis, based on a factor analysis on 25 indicators and 115 countries from the 1992-2004 period, identifies four different types of “capabilities”; the development of the “innovation system”, the quality of “governance”, the character of the “political system” and the degree of “openness” of the economy. Innovation systems and governance are shown to be of particular importance for economic development.

Suggested Citation

  • Jan Fagerberg & Martin Srholec, 2007. "National innovation systems, capabilities and economic development," Working Papers on Innovation Studies 20071024, Centre for Technology, Innovation and Culture, University of Oslo.
    • Handle: RePEc:tik:inowpp:20071024
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    More about this item

    Keywords

    national innovation system; capabilities; governance; development.;
    All these keywords.

    JEL classification:

    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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    1. Socio-Economics of Innovation

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