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Climbing the ladder of technological development

Petralia, Sergio; Balland, Pierre Alexandre LU and Morrison, Andrea (2017) In Research Policy 46(5). p.956-969
Abstract

Despite being the main thriving force behind economic growth and industrial development, technological innovation remains highly concentrated on a handful of countries. It is therefore of a great interest to know how countries accumulate and develop their innovative capabilities, what kind of obstacles they need to overcome, and whether it is possible to identify opportunities to develop new areas of technological specialization. In this paper we analyze countries’ patterns of technological diversification and specialization along the development process. We provide evidence regarding the importance of existing technological capabilities and the relationship among technologies in shaping possible paths of technological development. We... (More)

Despite being the main thriving force behind economic growth and industrial development, technological innovation remains highly concentrated on a handful of countries. It is therefore of a great interest to know how countries accumulate and develop their innovative capabilities, what kind of obstacles they need to overcome, and whether it is possible to identify opportunities to develop new areas of technological specialization. In this paper we analyze countries’ patterns of technological diversification and specialization along the development process. We provide evidence regarding the importance of existing technological capabilities and the relationship among technologies in shaping possible paths of technological development. We show that the likelihood of diversification is higher for those technologies that are related to countries’ existing profile of competences. Moreover, we show this effect to be stronger at earlier stages of development. Additionally, we show that countries tend to follow clear patterns of specialization along the development path, by moving towards more complex and valuable technologies.

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Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Innovation, Technological change, Technological complexity, Technological diversification, Technological relatedness, Technological specialisation
in
Research Policy
volume
46
issue
5
pages
14 pages
publisher
Elsevier
external identifiers
  • scopus:85017152681
  • wos:000405882100007
ISSN
0048-7333
DOI
10.1016/j.respol.2017.03.012
language
English
LU publication?
yes
id
3a6e5292-048d-4f23-9032-97d6daf67c7d
date added to LUP
2017-04-26 10:46:29
date last changed
2018-04-22 04:28:22
@article{3a6e5292-048d-4f23-9032-97d6daf67c7d,
  abstract     = {<p>Despite being the main thriving force behind economic growth and industrial development, technological innovation remains highly concentrated on a handful of countries. It is therefore of a great interest to know how countries accumulate and develop their innovative capabilities, what kind of obstacles they need to overcome, and whether it is possible to identify opportunities to develop new areas of technological specialization. In this paper we analyze countries’ patterns of technological diversification and specialization along the development process. We provide evidence regarding the importance of existing technological capabilities and the relationship among technologies in shaping possible paths of technological development. We show that the likelihood of diversification is higher for those technologies that are related to countries’ existing profile of competences. Moreover, we show this effect to be stronger at earlier stages of development. Additionally, we show that countries tend to follow clear patterns of specialization along the development path, by moving towards more complex and valuable technologies.</p>},
  author       = {Petralia, Sergio and Balland, Pierre Alexandre and Morrison, Andrea},
  issn         = {0048-7333},
  keyword      = {Innovation,Technological change,Technological complexity,Technological diversification,Technological relatedness,Technological specialisation},
  language     = {eng},
  month        = {06},
  number       = {5},
  pages        = {956--969},
  publisher    = {Elsevier},
  series       = {Research Policy},
  title        = {Climbing the ladder of technological development},
  url          = {http://dx.doi.org/10.1016/j.respol.2017.03.012},
  volume       = {46},
  year         = {2017},
}