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How has the Portuguese innovation capability evolved? Estimating a time series of the stock of technological knowledge (1960-2001)

Title
How has the Portuguese innovation capability evolved? Estimating a time series of the stock of technological knowledge (1960-2001)
Type
Article in International Scientific Journal
Year
2007
Journal
Vol. 6 No. 2
Pages: 77-95
ISSN: 1476-413X
Indexing
Scientific classification
FOS: Social sciences > Economics and Business
CORDIS: Social sciences > Economics
Other information
Authenticus ID: P-009-WV2
Abstract (EN): The importance of promoting innovation has been elevated up to a status of official standard since the Lisbon European Summit in 2000. Here research and development (R&D) has been singled out as an essential element of the foundation on which innovation could be built. R&D has been a growing area of investigation namely at level of firms micro studies aimed at uncovering firms¿ innovation capability. At the macro level, the relevance of R&D for countries¿ innovation capability has been, in a dynamic perspective, more often presumed rather than effectively tested. This latter limitation is, to a large extent, explained by the paucity of aggregated continuous time series on innovation indicators specifically those based on R&D expenditures. This paper aims at filling this gap by providing an estimate of the Portuguese innovation capability over the two last four decades based on the accumulated R&D efforts. Such indicator, albeit preliminary, will desirably endorse new investigation on the Portuguese catching-up process and, in this way, might inform present and future public programs related to R&D policies in particular and innovation policies in general.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 19
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