World Class Patents — The Gold of the Knowledge Economy?
Abstract Innovation is the foundation of social progress and international competitiveness. Based on a new approach to patent assessment, we show how the innovative power of major economies and world regions has shifted between 2000 and 2019. Analysing the top ten percent of the most important paten...
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| Format: | Article |
| Language: | deu |
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Sciendo
2020-09-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-020-2744-x |
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| _version_ | 1832572509471375360 |
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| author | Markus Overdiek Thomas Rausch Kai Gramke |
| author_facet | Markus Overdiek Thomas Rausch Kai Gramke |
| author_sort | Markus Overdiek |
| collection | DOAJ |
| description | Abstract Innovation is the foundation of social progress and international competitiveness. Based on a new approach to patent assessment, we show how the innovative power of major economies and world regions has shifted between 2000 and 2019. Analysing the top ten percent of the most important patents from the active patent portfolio in 58 cutting-edge technologies (world class patents), we find that the international balance of power in innovation is shifting in favour of East Asia. While the United States still enjoys a sizeable lead in many technologies, China is catching up fast, particularly in environment and nutrition. Europe has trouble keeping the pace, particulary in digitalisation. |
| format | Article |
| id | doaj-art-cf9f9aba2ebe4e6595faecdf98b0ee14 |
| institution | Kabale University |
| issn | 0043-6275 1613-978X |
| language | deu |
| publishDate | 2020-09-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Wirtschaftsdienst |
| spelling | doaj-art-cf9f9aba2ebe4e6595faecdf98b0ee142025-02-02T09:57:18ZdeuSciendoWirtschaftsdienst0043-62751613-978X2020-09-01100971872310.1007/s10273-020-2744-xWorld Class Patents — The Gold of the Knowledge Economy?Markus Overdiek0Thomas Rausch1Kai Gramke2Bertelsmann StiftungBertelsmann StiftungEconSight GmbHAbstract Innovation is the foundation of social progress and international competitiveness. Based on a new approach to patent assessment, we show how the innovative power of major economies and world regions has shifted between 2000 and 2019. Analysing the top ten percent of the most important patents from the active patent portfolio in 58 cutting-edge technologies (world class patents), we find that the international balance of power in innovation is shifting in favour of East Asia. While the United States still enjoys a sizeable lead in many technologies, China is catching up fast, particularly in environment and nutrition. Europe has trouble keeping the pace, particulary in digitalisation.https://doi.org/10.1007/s10273-020-2744-x |
| spellingShingle | Markus Overdiek Thomas Rausch Kai Gramke World Class Patents — The Gold of the Knowledge Economy? Wirtschaftsdienst |
| title | World Class Patents — The Gold of the Knowledge Economy? |
| title_full | World Class Patents — The Gold of the Knowledge Economy? |
| title_fullStr | World Class Patents — The Gold of the Knowledge Economy? |
| title_full_unstemmed | World Class Patents — The Gold of the Knowledge Economy? |
| title_short | World Class Patents — The Gold of the Knowledge Economy? |
| title_sort | world class patents the gold of the knowledge economy |
| url | https://doi.org/10.1007/s10273-020-2744-x |
| work_keys_str_mv | AT markusoverdiek worldclasspatentsthegoldoftheknowledgeeconomy AT thomasrausch worldclasspatentsthegoldoftheknowledgeeconomy AT kaigramke worldclasspatentsthegoldoftheknowledgeeconomy |