Download PDF | Downoads: 34
Abstract:The article deals with theoretical and methodological approaches and a review of the comparative effectiveness of the national innovation system and the quality of economic growth: on the example of a comparative analysis of the OECD and BRICS countries. The analysis of the relative efficiency of national innovation systems (NIS) in the Organization for economic cooperation and development (OECD) and the BRICS (Brazil, Russian Federation, India, China and South Africa) and their impact on long-term economic growth is conducted. Our analysis examines the cause-effect relationships between the two blocks of variables as well as the direction and intensity of cause-effect relationships. The article describes the evolution of innovation policy of the OECD and BRICS countries, taking into account the most relevant changes in scientific and technological dynamics and the economic system during 2007-2017. In the framework of this study, using the methodology of analysis of “data coverage“ (Data Envelope Analysis, DEA), we evaluate the index of relative efficiency of the national innovation system (NIS-IOE) in the OECD and BRICS countries.
The empirical assessment includes alternative ways of interpreting the innovation policies of OECD and BRICS countries and briefly considers the results of modeling for each of the NIS objectives under study.
Keywords:BRICS, efficiency, innovation policy, national innovation system, oecd
JEL-Classification: O31, O32, O33
References (transliterated):Adam Smit (2017). Issledovanie o prirode i prichinakh bogatstva narodov [An inquiry into the nature and causes of the wealth of Nations] (in Russian).
Archibugi D. and Coco A., (2004). A New indicator of technological capabilities for developed and developing countries (ArCo) World Development. (32). 629–654.
Castellacci F. and Natera J. M. (2013). The dynamics of national innovation systems: A panel cointegration analysis of the coevolution between innovative capability and absorptive capacity Research Policy. (42). 579–594.
Cowan R. and Foray D. (2002). Evolutionary economics and the counterfactual threat: on the nature and role of counterfactual history as an empirical tool in economics Journal of Evolutionary Economics. (12). 539–562.
Fagerberg J. (1994). Technology and international differences in growth rates Journal of Economic Literature. (32). 1147–1175.
Freeman C. (1987). Technology Policy and Economic Performance: Lessons from Japan
Government innovation drive continues in Mexico. Retrieved from https://oxfordbusinessgroup.com/overview/innovation-drive-government-efforts-improve-scientific-research-and-link-it-business-creation
Grupp H. and Schubert T. (2010). Review and new evidence on composite innovation indicators for evaluating national performance Research Policy. (39). 67–78.
Innovation Policy Platform. Retrieved from https://innovationpolicyplatform.org/system/files/sti-outlook-2014-mexico.pdf
Kim L. (1997). Imitation to Innovation: The Dynamics of Korea’s Technological Learning Cambridge.
Kotsemir M. (2013). Measuring National Innovattion Systems efficiency – A review of DEA approach. Basic Research Program Working papers WP BRP 16/STI/2013 National Research University Higher School of Economics. 143 – 167.
Lee H.-Y. and Park Y.-T. (2005). An international comparison of R&D efficiency: DEA approach Asian Journal of Technology Innovation. (13). 207–222.
Lundvall B. A. (1992). National Systems of Innovation towards a Theory of Innovation and Interactive Learning
Malerba F., Nelson R., Orsenigo L., and Winter S. (2016). Innovation and the Evolution of Industries: History Friendly Models Cambridge.
Matrizaev B.D. (2018). Makrostrategii innovatsionnogo razvitiya i globalnyy ekonomicheskiy rost: Makroekonomicheskiy analiz, trendy, prognozy [The macro strategy of innovative development and global economic growth: Macroeconomic analysis, trends, forecasts] (in Russian).
Mazzucato M. (2013). The Entrepreneurial State
Nasierowski W. and Arcelus F. J. (2003). On the efficiency of National Innovation Systems Socio-Economic Planning Sciences an International Journal. (37). 215–234.
Nelson R. R. (1993). National Innovation Systems
OECD, Benchmark Definition of Foreign Direct Investment. Retrieved from www.OECD.org/daf/inv/investmentstatisticsandanalysis/40193734.pdf, 2008
Ray, Subhash C. (2004). Data Envelopment Analysis. Theory and Techniques for Economics and Operations Research
Shumpeter Y. A. (2007). Teoriya ekonomicheskogo razvitiya. M [The theory of economic development. ] (in Russian).
Solou R.M. (1957). Tekhnicheskoe razvitie i agregirovannaya proizvodstvennaya funktsiya [Technical development and aggregate production function]. The Rev. Econ. Stat. (39). 312–320. (in Russian).
Solow R. M. (1956). A contribution to the theory of economic growth The Quarterly Journal of Economics. (70). 65–94.
Weel B., Soete L. and Verspagen B. (2010). Systems of Innovation, CPB Discussion Paper CPB Netherlands Bureau for Economic Policy Analysis. 215 – 237.
Whitley R. D. (2001). National Innovation Systems