“Ideas” driven growth : the OECD evidence
Autor(a) principal: | |
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Data de Publicação: | 2005 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/15505 |
Resumo: | This paper estimates the parameters of the ideas production function cru- cial to recent ideas-driven growth models. Using U. S. patents granted to residents in OECD countries to generate the stock of commercially used ideas, we provide evidence for two main findings. First, at the level of the production of ideas, we find evidence of increasing returns to scale in the stock of ideas and number of researchers, but marginal decreasing returns in each one of these factors. Second, we provide evidence of the association between ideas growth and economic growth for the OECD as a whole in the long run. |
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“Ideas” driven growth : the OECD evidenceInnovation, spillovers, ideas-driven growth, patents, public interven- tionspilloversideas-driven growthpatentspublic interventionThis paper estimates the parameters of the ideas production function cru- cial to recent ideas-driven growth models. Using U. S. patents granted to residents in OECD countries to generate the stock of commercially used ideas, we provide evidence for two main findings. First, at the level of the production of ideas, we find evidence of increasing returns to scale in the stock of ideas and number of researchers, but marginal decreasing returns in each one of these factors. Second, we provide evidence of the association between ideas growth and economic growth for the OECD as a whole in the long run.Springer VerlagRepositório da Universidade de LisboaPessoa, Argentino2018-05-28T10:41:53Z2005-042005-04-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/15505engPessoa, Argentino (2005). "“Ideas” driven growth : the OECD evidence". Portuguese Economic Journal, 4(1):46-671617-982X (print)10.1007/s10258-005-0040-8metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:45:27Zoai:www.repository.utl.pt:10400.5/15505Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:01:08.426356Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
“Ideas” driven growth : the OECD evidence |
title |
“Ideas” driven growth : the OECD evidence |
spellingShingle |
“Ideas” driven growth : the OECD evidence Pessoa, Argentino Innovation, spillovers, ideas-driven growth, patents, public interven- tion spillovers ideas-driven growth patents public intervention |
title_short |
“Ideas” driven growth : the OECD evidence |
title_full |
“Ideas” driven growth : the OECD evidence |
title_fullStr |
“Ideas” driven growth : the OECD evidence |
title_full_unstemmed |
“Ideas” driven growth : the OECD evidence |
title_sort |
“Ideas” driven growth : the OECD evidence |
author |
Pessoa, Argentino |
author_facet |
Pessoa, Argentino |
author_role |
author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Pessoa, Argentino |
dc.subject.por.fl_str_mv |
Innovation, spillovers, ideas-driven growth, patents, public interven- tion spillovers ideas-driven growth patents public intervention |
topic |
Innovation, spillovers, ideas-driven growth, patents, public interven- tion spillovers ideas-driven growth patents public intervention |
description |
This paper estimates the parameters of the ideas production function cru- cial to recent ideas-driven growth models. Using U. S. patents granted to residents in OECD countries to generate the stock of commercially used ideas, we provide evidence for two main findings. First, at the level of the production of ideas, we find evidence of increasing returns to scale in the stock of ideas and number of researchers, but marginal decreasing returns in each one of these factors. Second, we provide evidence of the association between ideas growth and economic growth for the OECD as a whole in the long run. |
publishDate |
2005 |
dc.date.none.fl_str_mv |
2005-04 2005-04-01T00:00:00Z 2018-05-28T10:41:53Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/15505 |
url |
http://hdl.handle.net/10400.5/15505 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Pessoa, Argentino (2005). "“Ideas” driven growth : the OECD evidence". Portuguese Economic Journal, 4(1):46-67 1617-982X (print) 10.1007/s10258-005-0040-8 |
dc.rights.driver.fl_str_mv |
metadata only access info:eu-repo/semantics/openAccess |
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metadata only access |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Springer Verlag |
publisher.none.fl_str_mv |
Springer Verlag |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799131100455370752 |