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Technologies fly on the wings of science

Author

Listed:
  • Pezzoni, M.
  • Veugelers, Reinhilde
  • Visentin, Fabiana

    (RS: GSBE other - not theme-related research, Mt Economic Research Inst on Innov/Techn)

Abstract

This paper investigates how science affects the geographical evolution of technological trajectories. We define a technological trajectory as a series of inventions re-using the same technology, and we follow the geographical development of trajectories by geo-localizing inventors. Following 10,782 trajectories, we find that technologies with a high scientific content travel longer distances and are more likely to generate new inventors’ clusters than technologies with low scientific content, especially in their growth and maturity phases.

Suggested Citation

  • Pezzoni, M. & Veugelers, Reinhilde & Visentin, Fabiana, 2023. "Technologies fly on the wings of science," MERIT Working Papers 2023-036, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    • Handle: RePEc:unm:unumer:2023036
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    File URL: https://cris.maastrichtuniversity.nl/ws/files/159031594/wp2023-036.pdf
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    More about this item

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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