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Driving Global Innovation Convergence: Evidence of 104 Countries’ Productivity and Efficiencies of National Innovation System

Author

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  • Subhasis Bera

    (International School of Business and Media)

  • Dil B. Rahut

    (Asian Development Bank Institute (ADBI))

Abstract

The extant evidence considers innovation as one critical determinant of economic growth. The studies on the performance of the National Innovation System in the quest for Schumpeterian convergence with the frontier are constrained due to uneven innovative potential and paucity of data, especially in the case of developing countries. Addressing the challenges for policy formulation to enhance global growth, this study performs the CaRT method, Slack-based DEA, and PS convergence test of 104 countries from 2006 to 2019 to comprehend the global innovation matrix. The study shows the absence of global convergence but subgroup convergence in Färe-Primont productivity, each technical, scale, and mix efficiency component. Moreover, the subgroups’ formations in each efficiency convergence type are distinct. The study correspondingly exhibits that the average transition path of different subgroups does not pursue any specific pattern for these efficiencies, indicating that the global convergence of innovation productivity and efficiency is arduous and calls for distinct policy formulation subject to the status of the economy.

Suggested Citation

  • Subhasis Bera & Dil B. Rahut, 2024. "Driving Global Innovation Convergence: Evidence of 104 Countries’ Productivity and Efficiencies of National Innovation System," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(4), pages 18467-18494, December.
    • Handle: RePEc:spr:jknowl:v:15:y:2024:i:4:d:10.1007_s13132-023-01728-5
    DOI: 10.1007/s13132-023-01728-5
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    More about this item

    Keywords

    National innovation system; Club convergence; TFP; Transition path; DEA; Missing data imputation;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • F0 - International Economics - - General
    • P5 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems

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