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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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  • R. Inglesi-Lotz
  • A. Hakimi
  • A. Pouris

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.

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  • R. Inglesi-Lotz & A. Hakimi & A. Pouris, 2018. "Patents vs publications and R&D: three sides of the same coin? Panel Smooth Transition Regression (PSTR) for OECD and BRICS countries," Applied Economics, Taylor & Francis Journals, vol. 50(45), pages 4912-4923, September.
    • Handle: RePEc:taf:applec:v:50:y:2018:i:45:p:4912-4923
    DOI: 10.1080/00036846.2018.1468556
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    2. Jialiang Yang & Wen Yin & Yi Jin, 2023. "Analyzing Public Environmental Concerns at the Threshold to Reduce Urban Air Pollution," Sustainability, MDPI, vol. 15(21), pages 1-17, October.
    3. Rolando Rubilar-Torrealba & Karime Chahuán-Jiménez & Hanns de la Fuente-Mella, 2022. "Analysis of the Growth in the Number of Patents Granted and Its Effect over the Level of Growth of the Countries: An Econometric Estimation of the Mixed Model Approach," Sustainability, MDPI, vol. 14(4), pages 1-12, February.
    4. Xu, Xin & Huang, Shupei & An, Haizhong & Vigne, Samuel & Lucey, Brian, 2021. "The influence pathways of financial development on environmental quality: New evidence from smooth transition regression models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 151(C).
    5. Alvarez, Roberto & Bravo-Ortega, Claudio & Poniachik, Dan, 2023. "Understanding R&D transitions: From bottom to top?," Economic Systems, Elsevier, vol. 47(4).
    6. Jamel Trabelsi & Arbia jihène Jebeniani & Sofiène Omri, 2024. "The dynamics of international patents production: A panel smooth transition regression approach," Economics Bulletin, AccessEcon, vol. 44(1), pages 466-489.
    7. Tânia Pinto & Aurora Teixeira, 2023. "Does scientific research output matter for Portugal’s economic growth?," GEE Papers 0174, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Jul 2023.

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