Using a new global data base on patents and innovation inputs, the authors examine the process of knowledge creation measured by the dynamic relationship between research and development and U.S. patents granted. They confirm at the country level the recurrent micro-level finding of a strong relationship between the two and estimate the OECD elasticity to be effectively equal to one. This conflicts with the frequent micro-level finding of strongly...
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2005/10/01
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Documento de trabalho sobre pesquisa de políticas
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WPS3739
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1
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1
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2010/07/01
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Disclosed
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Patenting and research and development : a global view
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dependent variable in equation
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