Patents vs publications and R&D: three sides of the same coin? Panel Smooth Transition Regression (PSTR) for OECD and BRICS countries
Year: 2018
Type: article
Abstract: The paper aims to define the optimal thresholds of publications and Research and Development (R&D) expenditure and to investigate their impacts on patenting in OECD and BRICS countries. To do so, we use a dataset of 25 countries divided into two country sub-samples for the period 1996–2013, employing the Panel Smooth Transition Regression (PSTR) model. The results indicate that the threshold of publications after which patenting activity is promoted is 8417 publications for the OECD countries and 20,848 for the BRICS countries, while the share of R&D in % of GDP should not exceed 1.683% for the OECD countries and 0.975% for the BRICS countries.
Source: Applied Economics
Authors: R. Inglesi-Lotz, A. Hakimi, A. Pouris
Institutions: University of Pretoria, University of Jendouba
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2800747150