“Ideas” driven growth : the OECD evidence

Detalhes bibliográficos
Autor(a) principal: Pessoa, Argentino
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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spelling “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
rights_invalid_str_mv 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)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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