nep-ipr 2016-02-04 papers

on Intellectual Property Rights

Issue of 2016–02–04
one paper chosen by
Giovanni Battista Ramello, Università degli Studi del Piemonte Orientale “Amedeo Avogadro”

A simple index of innovation with complexity By José Fernández Donoso

A simple index of innovation with complexity

By:	José Fernández Donoso (School of Business and Economics, Universidad del Desarrollo)
Abstract:	Patents are the main source of data on innovation. Since most of the innovative activity happens outside of the patenting system, and since patents –and innovations- have different quality, complexity, and impact on each market, unweighted sums of patents and proxies are a bad indicator of a country’s innovative activity. I generate a very simple index of innovation that weights patents and exports by a complexity measure. Country rankings using this measure are consistent with market size, GDP per capita, and technological development of each country
Keywords:	Innovation, Mesure of innovation, Patenting, Technological development
Date:	2016–01
URL:	https://d.repec.org/n?u=RePEc:dsr:wpaper:04

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