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The influence of bottlenecks on innovation systems performance : Put the slowest climber first

Zofio, Jose Luis ; Aparicio, Juan ; Barbero, Javier and Zabala-Iturriagagoitia, Jon Mikel LU (2023) In Technological Forecasting and Social Change 193.
Abstract

This paper contributes to the literature with a methodology that helps identify the functions that constrain the overall performance of an innovation system, hence providing clear guidelines to policymakers on the direction of their interventions. This methodology relies on the notion of penalty for bottleneck, which is defined as the weakest link or the binding constraint that holds back system performance. These penalty bottlenecks are applied to all the indicators that characterize innovation systems, and consider its input-output mix when assessing their performance through a Productivity Innovation Index. The data provided by the 2021 edition of the European Innovation Scoreboard are used to illustrate the utility of the method... (More)

This paper contributes to the literature with a methodology that helps identify the functions that constrain the overall performance of an innovation system, hence providing clear guidelines to policymakers on the direction of their interventions. This methodology relies on the notion of penalty for bottleneck, which is defined as the weakest link or the binding constraint that holds back system performance. These penalty bottlenecks are applied to all the indicators that characterize innovation systems, and consider its input-output mix when assessing their performance through a Productivity Innovation Index. The data provided by the 2021 edition of the European Innovation Scoreboard are used to illustrate the utility of the method introduced in the paper. We first identify the input and output bottlenecks for every country. Second, we report the productivity loss due to the existence of these bottlenecks. Third, we evidence the responsiveness of the Productivity Innovation Index to bottleneck alleviation, from three different perspectives: (i) application of a 10 % alleviation to the input bottleneck; (ii) application of a 10 % alleviation to the output bottleneck; and (iii) application of a 5 % alleviation to both the input and output bottlenecks, respectively.

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author
; ; and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Bottleneck, European innovation scoreboard, Indicators, Innovation policy, Innovation systems, Productivity innovation index
in
Technological Forecasting and Social Change
volume
193
article number
122607
publisher
Elsevier
external identifiers
  • scopus:85154621355
ISSN
0040-1625
DOI
10.1016/j.techfore.2023.122607
language
English
LU publication?
yes
id
662d63cf-6e2d-4c1f-b10d-faba13c62920
date added to LUP
2023-06-21 14:39:02
date last changed
2024-01-19 23:36:02
@article{662d63cf-6e2d-4c1f-b10d-faba13c62920,
  abstract     = {{<p>This paper contributes to the literature with a methodology that helps identify the functions that constrain the overall performance of an innovation system, hence providing clear guidelines to policymakers on the direction of their interventions. This methodology relies on the notion of penalty for bottleneck, which is defined as the weakest link or the binding constraint that holds back system performance. These penalty bottlenecks are applied to all the indicators that characterize innovation systems, and consider its input-output mix when assessing their performance through a Productivity Innovation Index. The data provided by the 2021 edition of the European Innovation Scoreboard are used to illustrate the utility of the method introduced in the paper. We first identify the input and output bottlenecks for every country. Second, we report the productivity loss due to the existence of these bottlenecks. Third, we evidence the responsiveness of the Productivity Innovation Index to bottleneck alleviation, from three different perspectives: (i) application of a 10 % alleviation to the input bottleneck; (ii) application of a 10 % alleviation to the output bottleneck; and (iii) application of a 5 % alleviation to both the input and output bottlenecks, respectively.</p>}},
  author       = {{Zofio, Jose Luis and Aparicio, Juan and Barbero, Javier and Zabala-Iturriagagoitia, Jon Mikel}},
  issn         = {{0040-1625}},
  keywords     = {{Bottleneck; European innovation scoreboard; Indicators; Innovation policy; Innovation systems; Productivity innovation index}},
  language     = {{eng}},
  publisher    = {{Elsevier}},
  series       = {{Technological Forecasting and Social Change}},
  title        = {{The influence of bottlenecks on innovation systems performance : Put the slowest climber first}},
  url          = {{http://dx.doi.org/10.1016/j.techfore.2023.122607}},
  doi          = {{10.1016/j.techfore.2023.122607}},
  volume       = {{193}},
  year         = {{2023}},
}