IDEAS home Printed from https://ideas.repec.org/a/spr/scient/v120y2019i3d10.1007_s11192-019-03161-5.html
   My bibliography  Save this article

The increasing dominance of science in the economy: Which nations are successful?

Author

Listed:
  • Ali Gazni

    (Regional Information Center for Science and Technology)

  • Zahra Ghaseminik

    (ISC)

Abstract

We analyzed breakthrough patents that serve as the basis of emerging technological trajectories and paradigm over 25-years. The results showed that although technological fields have a different degree of dependency on science, the major part of the patents is now science-dependent. The results suggest that the relationship of science to economic growth has fundamentally changed. Over time, science-dependent innovations increasingly have dominated in the innovation-based economy; however, a large number of most productive countries in scientific research even with strong technological, and financial backing doesn’t have the motivation and ability to turn science to wealth-generating innovations.

Suggested Citation

  • Ali Gazni & Zahra Ghaseminik, 2019. "The increasing dominance of science in the economy: Which nations are successful?," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(3), pages 1411-1426, September.
    • Handle: RePEc:spr:scient:v:120:y:2019:i:3:d:10.1007_s11192-019-03161-5
    DOI: 10.1007/s11192-019-03161-5
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11192-019-03161-5
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11192-019-03161-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jensen, Morten Berg & Johnson, Bjorn & Lorenz, Edward & Lundvall, Bengt Ake, 2007. "Forms of knowledge and modes of innovation," Research Policy, Elsevier, vol. 36(5), pages 680-693, June.
    2. Meyer, Martin, 2000. "Does science push technology? Patents citing scientific literature," Research Policy, Elsevier, vol. 29(3), pages 409-434, March.
    3. Albert, M. B. & Avery, D. & Narin, F. & McAllister, P., 1991. "Direct validation of citation counts as indicators of industrially important patents," Research Policy, Elsevier, vol. 20(3), pages 251-259, June.
    4. Gautam Ahuja & Curba Morris Lampert, 2001. "Entrepreneurship in the large corporation: a longitudinal study of how established firms create breakthrough inventions," Strategic Management Journal, Wiley Blackwell, vol. 22(6‐7), pages 521-543, June.
    5. Sujit Bhattacharya & Hildrun Kretschmer & Martin Meyer, 2003. "Characterizing intellectual spaces between science and technology," Scientometrics, Springer;Akadémiai Kiadó, vol. 58(2), pages 369-390, October.
    6. Rodríguez-Navarro, Alonso & Brito, Ricardo, 2018. "Technological research in the EU is less efficient than the world average. EU research policy risks Europeans’ future," Journal of Informetrics, Elsevier, vol. 12(3), pages 718-731.
    7. Mansfield, Edwin, 1995. "Academic Research Underlying Industrial Innovations:," The Review of Economics and Statistics, MIT Press, vol. 77(1), pages 55-65, February.
    8. Salter, Ammon J. & Martin, Ben R., 2001. "The economic benefits of publicly funded basic research: a critical review," Research Policy, Elsevier, vol. 30(3), pages 509-532, March.
    9. Jiancheng Guan & Ying He, 2007. "Patent-bibliometric analysis on the Chinese science — technology linkages," Scientometrics, Springer;Akadémiai Kiadó, vol. 72(3), pages 403-425, September.
    10. Perkmann, Markus & Tartari, Valentina & McKelvey, Maureen & Autio, Erkko & Broström, Anders & D’Este, Pablo & Fini, Riccardo & Geuna, Aldo & Grimaldi, Rosa & Hughes, Alan & Krabel, Stefan & Kitson, Mi, 2013. "Academic engagement and commercialisation: A review of the literature on university–industry relations," Research Policy, Elsevier, vol. 42(2), pages 423-442.
    11. Bronwyn H. Hall & Adam Jaffe & Manuel Trajtenberg, 2005. "Market Value and Patent Citations," RAND Journal of Economics, The RAND Corporation, vol. 36(1), pages 16-38, Spring.
    12. onder Nomaler & Bart Verspagen, 2008. "Knowledge Flows, Patent Citations and the Impact of Science on Technology," Economic Systems Research, Taylor & Francis Journals, vol. 20(4), pages 339-366.
    13. Michael Kelly, 2009. "Science for the greater economic good," Nature, Nature, vol. 458(7237), pages 410-411, March.
    14. Sung, Hui-Yun & Wang, Chun-Chieh & Huang, Mu-Hsuan & Chen, Dar-Zen, 2015. "Measuring science-based science linkage and non-science-based linkage of patents through non-patent references," Journal of Informetrics, Elsevier, vol. 9(3), pages 488-498.
    15. Can Huang & Ad Notten & Nico Rasters, 2011. "Nanoscience and technology publications and patents: a review of social science studies and search strategies," The Journal of Technology Transfer, Springer, vol. 36(2), pages 145-172, April.
    16. Wong, Chan-Yuan & Wang, Lili, 2015. "Trajectories of science and technology and their co-evolution in BRICS: Insights from publication and patent analysis," Journal of Informetrics, Elsevier, vol. 9(1), pages 90-101.
    17. Emanuele Bacchiocchi & Fabio Montobbio, 2010. "International Knowledge Diffusion and Home‐bias Effect: Do USPTO and EPO Patent Citations Tell the Same Story?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(3), pages 441-470, September.
    18. Martin Meyer, 2000. "Patent Citations in a Novel Field of Technology — What Can They Tell about Interactions between Emerging Communities of Science and Technology?," Scientometrics, Springer;Akadémiai Kiadó, vol. 48(2), pages 151-178, September.
    19. Martin Meyer, 2006. "Measuring science-technology interaction in the knowledge-driven economy: The case of a small economy," Scientometrics, Springer;Akadémiai Kiadó, vol. 66(2), pages 425-439, February.
    20. Harhoff, Dietmar & Gambardella, Alfonso & Verspagen, Bart, 2008. "The Value of European Patents," CEPR Discussion Papers 6848, C.E.P.R. Discussion Papers.
    21. Mark A. Lemley & Bhaven Sampat, 2012. "Examiner Characteristics and Patent Office Outcomes," The Review of Economics and Statistics, MIT Press, vol. 94(3), pages 817-827, August.
    22. Antje Klitkou & Stian Nygaard & Martin Meyer, 2007. "Tracking techno-science networks: A case study of fuel cells and related hydrogen technology R&D in Norway," Scientometrics, Springer;Akadémiai Kiadó, vol. 70(2), pages 491-518, February.
    23. Bart Looy & Tom Magerman & Koenraad Debackere, 2007. "Developing technology in the vicinity of science: An examination of the relationship between science intensity (of patents) and technological productivity within the field of biotechnology," Scientometrics, Springer;Akadémiai Kiadó, vol. 70(2), pages 441-458, February.
    24. Huang, Mu-Hsuan & Yang, Hsiao-Wen & Chen, Dar-Zen, 2015. "Increasing science and technology linkage in fuel cells: A cross citation analysis of papers and patents," Journal of Informetrics, Elsevier, vol. 9(2), pages 237-249.
    25. Angela Hullmann & Martin Meyer, 2003. "Publications and patents in nanotechnology," Scientometrics, Springer;Akadémiai Kiadó, vol. 58(3), pages 507-527, November.
    26. Martin Meyer, 2002. "Tracing knowledge flows in innovation systems," Scientometrics, Springer;Akadémiai Kiadó, vol. 54(2), pages 193-212, June.
    27. Colin Macilwain, 2010. "Science economics: What science is really worth," Nature, Nature, vol. 465(7299), pages 682-684, June.
    28. Tijssen, Robert J. W., 2001. "Global and domestic utilization of industrial relevant science: patent citation analysis of science-technology interactions and knowledge flows," Research Policy, Elsevier, vol. 30(1), pages 35-54, January.
    29. Martin Meyer, 2003. "Academic patents as an indicator of useful research? A new approach to measure academic inventiveness," Research Evaluation, Oxford University Press, vol. 12(1), pages 17-27, April.
    30. Michael Roach & Wesley M. Cohen, 2013. "Lens or Prism? Patent Citations as a Measure of Knowledge Flows from Public Research," Management Science, INFORMS, vol. 59(2), pages 504-525, October.
    31. Narin, Francis & Hamilton, Kimberly S. & Olivastro, Dominic, 1997. "The increasing linkage between U.S. technology and public science," Research Policy, Elsevier, vol. 26(3), pages 317-330, October.
    32. Chen, Lixin, 2017. "Do patent citations indicate knowledge linkage? The evidence from text similarities between patents and their citations," Journal of Informetrics, Elsevier, vol. 11(1), pages 63-79.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. K. A. Khor & L. G. Yu, 2020. "Revealing key topics shifts in thermal barrier coatings (TBC) as indicators of technological developments for aerospace engines," Scientometrics, Springer;Akadémiai Kiadó, vol. 125(2), pages 1763-1781, November.
    2. Decheng Fan & Kairan Liu, 2021. "The Relationship between Artificial Intelligence and China’s Sustainable Economic Growth: Focused on the Mediating Effects of Industrial Structural Change," Sustainability, MDPI, vol. 13(20), pages 1-15, October.
    3. Ziyou Teng & Xuezhong Zhu, 2024. "Measuring the global and domestic technological impact of Chinese scientific output: a patent-to-paper citation analysis of science-technology linkage," Scientometrics, Springer;Akadémiai Kiadó, vol. 129(9), pages 5181-5210, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gazni, Ali, 2020. "The growing number of patent citations to scientific papers: Changes in the world, nations, and fields," Technology in Society, Elsevier, vol. 62(C).
    2. Wang, Jean J. & Ye, Fred Y., 2021. "Probing into the interactions between papers and patents of new CRISPR/CAS9 technology: A citation comparison," Journal of Informetrics, Elsevier, vol. 15(4).
    3. Ugo Rizzo & Nicolò Barbieri & Laura Ramaciotti & Demian Iannantuono, 2020. "The division of labour between academia and industry for the generation of radical inventions," The Journal of Technology Transfer, Springer, vol. 45(2), pages 393-413, April.
    4. Adam B. Jaffe & Gaétan de Rassenfosse, 2017. "Patent citation data in social science research: Overview and best practices," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 68(6), pages 1360-1374, June.
    5. Huang, Mu-Hsuan & Yang, Hsiao-Wen & Chen, Dar-Zen, 2015. "Increasing science and technology linkage in fuel cells: A cross citation analysis of papers and patents," Journal of Informetrics, Elsevier, vol. 9(2), pages 237-249.
    6. Yashuang Qi & Na Zhu & Yujia Zhai & Ying Ding, 2018. "The mutually beneficial relationship of patents and scientific literature: topic evolution in nanoscience," Scientometrics, Springer;Akadémiai Kiadó, vol. 115(2), pages 893-911, May.
    7. Jiancheng Guan & Ying He, 2007. "Patent-bibliometric analysis on the Chinese science — technology linkages," Scientometrics, Springer;Akadémiai Kiadó, vol. 72(3), pages 403-425, September.
    8. Julie Callaert & Maikel Pellens & Bart Looy, 2014. "Sources of inspiration? Making sense of scientific references in patents," Scientometrics, Springer;Akadémiai Kiadó, vol. 98(3), pages 1617-1629, March.
    9. Bar-Ilan, Judit, 2008. "Informetrics at the beginning of the 21st century—A review," Journal of Informetrics, Elsevier, vol. 2(1), pages 1-52.
    10. Albino, Vito & Ardito, Lorenzo & Dangelico, Rosa Maria & Messeni Petruzzelli, Antonio, 2014. "Understanding the development trends of low-carbon energy technologies: A patent analysis," Applied Energy, Elsevier, vol. 135(C), pages 836-854.
    11. Acosta, Manuel & Coronado, Daniel, 2003. "Science-technology flows in Spanish regions: An analysis of scientific citations in patents," Research Policy, Elsevier, vol. 32(10), pages 1783-1803, December.
    12. Elena M. Tur & Evangelos Bourelos & Maureen McKelvey, 2022. "The case of sleeping beauties in nanotechnology: a study of potential breakthrough inventions in emerging technologies," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 69(3), pages 683-708, December.
    13. Leten, Bart & Landoni, Paolo & Van Looy, Bart, 2014. "Science or graduates: How do firms benefit from the proximity of universities?," Research Policy, Elsevier, vol. 43(8), pages 1398-1412.
    14. Ke, Qing, 2020. "An analysis of the evolution of science-technology linkage in biomedicine," Journal of Informetrics, Elsevier, vol. 14(4).
    15. Ding, Cherng G. & Hung, Wen-Chi & Lee, Meng-Che & Wang, Hung-Jui, 2017. "Exploring paper characteristics that facilitate the knowledge flow from science to technology," Journal of Informetrics, Elsevier, vol. 11(1), pages 244-256.
    16. Beck, Mathias & Junge, Martin & Kaiser, Ulrich, 2017. "Public Funding and Corporate Innovation," IZA Discussion Papers 11196, Institute of Labor Economics (IZA).
    17. Antonio Malva & Stijn Kelchtermans & Bart Leten & Reinhilde Veugelers, 2015. "Basic science as a prescription for breakthrough inventions in the pharmaceutical industry," The Journal of Technology Transfer, Springer, vol. 40(4), pages 670-695, August.
    18. Wen-Chi Hung & Cherng G. Ding & Hung-Jui Wang & Meng-Che Lee & Chieh-Peng Lin, 2015. "Evaluating and comparing the university performance in knowledge utilization for patented inventions," Scientometrics, Springer;Akadémiai Kiadó, vol. 102(2), pages 1269-1286, February.
    19. Ahmad Barirani & Bruno Agard & Catherine Beaudry, 2013. "Discovering and assessing fields of expertise in nanomedicine: a patent co-citation network perspective," Scientometrics, Springer;Akadémiai Kiadó, vol. 94(3), pages 1111-1136, March.
    20. Dirk Czarnitzki & Katrin Hussinger & Cédric Schneider, 2012. "The nexus between science and industry: evidence from faculty inventions," The Journal of Technology Transfer, Springer, vol. 37(5), pages 755-776, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:scient:v:120:y:2019:i:3:d:10.1007_s11192-019-03161-5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.