Innovation shortfalls:
There is a common perception that low productivity or low growth is due to what can be called an "innovation shortfall," usually identified as a low rate of investment in research and development (R&D) when compared with some high innovation countries. The usual reaction to this percei...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2007
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | There is a common perception that low productivity or low growth is due to what can be called an "innovation shortfall," usually identified as a low rate of investment in research and development (R&D) when compared with some high innovation countries. The usual reaction to this perceived problem is to call for increases in R&D investment rates, usually specifying a target that can be as high as 3 percent of GDP. The problem with this analysis is that it fails to see that a low R&D investment rate may be appropriate given the economy's pattern of specialization, or may be just one manifestation of more general problems that impede accumulation of all kinds of capital. How can we know when a country suffers from an innovation shortfall above and beyond the ones that should be expected given the country's specialization and accumulation patterns? This is the question the authors tackle in this paper. First, they show a simple way to estimate the R&D gap that can be explained by a country's specialization pattern, illustrating it for the case of Chile. For this country they find that although its specialization in natural-resource-intensive sectors explains part of its R&D gap, a significant shortfall remains. Second, the authors show how a calibrated model can be used to determine the R&D gap that should be expected given a country's investment in physical and human capital. If the actual R&D gap is above this expected gap, then one can say that the country suffers from a true innovation shortfall |
| Beschreibung: | 1 Online-Ressource (45 Seiten) |
Internformat
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV040618887 | ||
| 003 | DE-604 | ||
| 005 | 20250207 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 121206s2007 xxu o|||| 00||| eng d | ||
| 035 | |a (ZDB-1-WBA)093228341 | ||
| 035 | |a (OCoLC)874236333 | ||
| 035 | |a (DE-599)GBVNLM005464498 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c XD-US | ||
| 049 | |a DE-12 |a DE-1102 |a DE-1051 |a DE-521 |a DE-863 |a DE-862 |a DE-522 |a DE-858 |a DE-573 |a DE-860 |a DE-1046 |a DE-1047 |a DE-Aug4 |a DE-2070s |a DE-M347 |a DE-1049 |a DE-898 |a DE-128 |a DE-M352 |a DE-70 |a DE-92 |a DE-150 |a DE-155 |a DE-22 |a DE-91 |a DE-384 |a DE-473 |a DE-19 |a DE-739 |a DE-20 |a DE-703 |a DE-706 |a DE-355 |a DE-29 |a DE-859 |a DE-Re13 |a DE-523 | ||
| 100 | 1 | |a Rodríguez-Clare, Andrés |e Verfasser |0 (DE-588)129753939 |4 aut | |
| 245 | 1 | 0 | |a Innovation shortfalls |c Rodriguez-Clare, Andres |
| 264 | 1 | |a Washington, D.C |b The World Bank |c 2007 | |
| 300 | |a 1 Online-Ressource (45 Seiten) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 520 | 1 | |a There is a common perception that low productivity or low growth is due to what can be called an "innovation shortfall," usually identified as a low rate of investment in research and development (R&D) when compared with some high innovation countries. The usual reaction to this perceived problem is to call for increases in R&D investment rates, usually specifying a target that can be as high as 3 percent of GDP. The problem with this analysis is that it fails to see that a low R&D investment rate may be appropriate given the economy's pattern of specialization, or may be just one manifestation of more general problems that impede accumulation of all kinds of capital. How can we know when a country suffers from an innovation shortfall above and beyond the ones that should be expected given the country's specialization and accumulation patterns? This is the question the authors tackle in this paper. First, they show a simple way to estimate the R&D gap that can be explained by a country's specialization pattern, illustrating it for the case of Chile. For this country they find that although its specialization in natural-resource-intensive sectors explains part of its R&D gap, a significant shortfall remains. Second, the authors show how a calibrated model can be used to determine the R&D gap that should be expected given a country's investment in physical and human capital. If the actual R&D gap is above this expected gap, then one can say that the country suffers from a true innovation shortfall | |
| 534 | |c 2007 | ||
| 650 | 4 | |a Wirtschaft | |
| 653 | |a Allocation | ||
| 653 | |a Debt Markets | ||
| 653 | |a Discount rate | ||
| 653 | |a E-Business | ||
| 653 | |a Economic Theory and Research | ||
| 653 | |a Economics | ||
| 653 | |a Factors of production | ||
| 653 | |a Finance and Financial Sector Development | ||
| 653 | |a GDP | ||
| 653 | |a Human capital | ||
| 653 | |a International trade | ||
| 653 | |a Investment and Investment Climate | ||
| 653 | |a Macroeconomics and Economic Growth | ||
| 653 | |a Political Economy | ||
| 653 | |a Private Sector Development | ||
| 653 | |a Productivity | ||
| 653 | |a Specialization | ||
| 653 | |a Stock of capital | ||
| 700 | 1 | |a Maloney, William F. |d 1959- |e Verfasser |0 (DE-588)128733233 |4 aut | |
| 776 | 0 | 8 | |i Reproduktion von |a Rodriguez-Clare, Andres |t Innovation shortfalls |d 2007 |
| 856 | 4 | 0 | |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4283 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-025446386 | |
Datensatz im Suchindex
| DE-BY-FWS_katkey | 461596 |
|---|---|
| _version_ | 1824556306217828352 |
| adam_text | |
| any_adam_object | |
| author | Rodríguez-Clare, Andrés Maloney, William F. 1959- |
| author_GND | (DE-588)129753939 (DE-588)128733233 |
| author_facet | Rodríguez-Clare, Andrés Maloney, William F. 1959- |
| author_role | aut aut |
| author_sort | Rodríguez-Clare, Andrés |
| author_variant | a r c arc w f m wf wfm |
| building | Verbundindex |
| bvnumber | BV040618887 |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)093228341 (OCoLC)874236333 (DE-599)GBVNLM005464498 |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000 c 4500</leader><controlfield tag="001">BV040618887</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20250207</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">121206s2007 xxu o|||| 00||| eng d</controlfield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)093228341</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)874236333</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM005464498</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-1102</subfield><subfield code="a">DE-1051</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield><subfield code="a">DE-522</subfield><subfield code="a">DE-858</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-860</subfield><subfield code="a">DE-1046</subfield><subfield code="a">DE-1047</subfield><subfield code="a">DE-Aug4</subfield><subfield code="a">DE-2070s</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-128</subfield><subfield code="a">DE-M352</subfield><subfield code="a">DE-70</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-150</subfield><subfield code="a">DE-155</subfield><subfield code="a">DE-22</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-384</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-859</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-523</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Rodríguez-Clare, Andrés</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)129753939</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Innovation shortfalls</subfield><subfield code="c">Rodriguez-Clare, Andres</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2007</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (45 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1="1" ind2=" "><subfield code="a">There is a common perception that low productivity or low growth is due to what can be called an "innovation shortfall," usually identified as a low rate of investment in research and development (R&D) when compared with some high innovation countries. The usual reaction to this perceived problem is to call for increases in R&D investment rates, usually specifying a target that can be as high as 3 percent of GDP. The problem with this analysis is that it fails to see that a low R&D investment rate may be appropriate given the economy's pattern of specialization, or may be just one manifestation of more general problems that impede accumulation of all kinds of capital. How can we know when a country suffers from an innovation shortfall above and beyond the ones that should be expected given the country's specialization and accumulation patterns? This is the question the authors tackle in this paper. First, they show a simple way to estimate the R&D gap that can be explained by a country's specialization pattern, illustrating it for the case of Chile. For this country they find that although its specialization in natural-resource-intensive sectors explains part of its R&D gap, a significant shortfall remains. Second, the authors show how a calibrated model can be used to determine the R&D gap that should be expected given a country's investment in physical and human capital. If the actual R&D gap is above this expected gap, then one can say that the country suffers from a true innovation shortfall</subfield></datafield><datafield tag="534" ind1=" " ind2=" "><subfield code="c">2007</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Wirtschaft</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Allocation</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Debt Markets</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Discount rate</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">E-Business</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Economic Theory and Research</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Economics</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Factors of production</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Finance and Financial Sector Development</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">GDP</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Human capital</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">International trade</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Investment and Investment Climate</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Macroeconomics and Economic Growth</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Political Economy</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Private Sector Development</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Productivity</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Specialization</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Stock of capital</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Maloney, William F.</subfield><subfield code="d">1959-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)128733233</subfield><subfield code="4">aut</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Reproduktion von</subfield><subfield code="a">Rodriguez-Clare, Andres</subfield><subfield code="t">Innovation shortfalls</subfield><subfield code="d">2007</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4283</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-025446386</subfield></datafield></record></collection> |
| id | DE-604.BV040618887 |
| illustrated | Not Illustrated |
| indexdate | 2025-02-20T07:21:28Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-025446386 |
| oclc_num | 874236333 |
| open_access_boolean | |
| owner | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
| owner_facet | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
| physical | 1 Online-Ressource (45 Seiten) |
| psigel | ZDB-1-WBA |
| publishDate | 2007 |
| publishDateSearch | 2007 |
| publishDateSort | 2007 |
| publisher | The World Bank |
| record_format | marc |
| spellingShingle | Rodríguez-Clare, Andrés Maloney, William F. 1959- Innovation shortfalls Wirtschaft |
| title | Innovation shortfalls |
| title_auth | Innovation shortfalls |
| title_exact_search | Innovation shortfalls |
| title_full | Innovation shortfalls Rodriguez-Clare, Andres |
| title_fullStr | Innovation shortfalls Rodriguez-Clare, Andres |
| title_full_unstemmed | Innovation shortfalls Rodriguez-Clare, Andres |
| title_short | Innovation shortfalls |
| title_sort | innovation shortfalls |
| topic | Wirtschaft |
| topic_facet | Wirtschaft |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4283 |
| work_keys_str_mv | AT rodriguezclareandres innovationshortfalls AT maloneywilliamf innovationshortfalls |