Patents vs publications and R&D: three sides of the same coin? Panel Smooth Transition Regression (PSTR) for OECD and BRICS countries
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, empl...
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| Veröffentlicht in: | Applied economics 2018-09, Vol.50 (45), p.4912-4923 |
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| container_title | Applied economics |
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| creator | Inglesi-Lotz, R. Hakimi, A. Pouris, A. |
| description | 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. |
| doi_str_mv | 10.1080/00036846.2018.1468556 |
| format | Article |
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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.</description><subject>BRICS</subject><subject>Economic analysis</subject><subject>Economic theory</subject><subject>Expenditures</subject><subject>GDP</subject><subject>Gross Domestic Product</subject><subject>OECD</subject><subject>Patenting</subject><subject>PSTR analysis</subject><subject>R&D</subject><subject>Regression analysis</subject><subject>Research & development</subject><subject>Thresholds</subject><issn>0003-6846</issn><issn>1466-4283</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2018</creationdate><recordtype>article</recordtype><recordid>eNp9kEtLAzEUhYMoWKs_QQgIooupecxMEjc-Wh8FwdLWdchMMxqZJjVJFX-A_9uM1a2rew_3nBPyAXCI0QAjjs4QQrTkeTkgCPMBzkteFOUW6KWtzHLC6TbodZ6sM-2CvRBek8SEsh74mqiobQzwPcDVumpNraJxNkBlF3B6PDqH8cVrDYNZ6ABdk2QSaqlh7Yy9gBNldQtnS-fiC5x7ZYPp8nCqn70OoVtPJrP59BQ2zsPHm-Hop_l6Oh7OUsXaRm902Ac7jWqDPvidffB0ezMf3mcPj3fj4dVDVucFihnhWPGKVSUXKOeCM04aLIigXAhUYMQKpilm6YJETQUrK71gJamRymmFiKJ9cLTpXXn3ttYhyle39jY9KQliycoKQZOr2Lhq70LwupErb5bKf0qMZEdc_hGXHXH5SzzlLjc5Y9Nnl-rD-XYho_psnW8SmtoESf-v-AYiAISk</recordid><startdate>20180926</startdate><enddate>20180926</enddate><creator>Inglesi-Lotz, R.</creator><creator>Hakimi, A.</creator><creator>Pouris, A.</creator><general>Routledge</general><general>Taylor & Francis Ltd</general><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope><orcidid>https://orcid.org/0000-0001-7509-4687</orcidid></search><sort><creationdate>20180926</creationdate><title>Patents vs publications and R&D: three sides of the same coin? 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| language | eng |
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| source | Business Source Complete |
| subjects | BRICS Economic analysis Economic theory Expenditures GDP Gross Domestic Product OECD Patenting PSTR analysis R&D Regression analysis Research & development Thresholds |
| title | Patents vs publications and R&D: three sides of the same coin? Panel Smooth Transition Regression (PSTR) for OECD and BRICS countries |
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