World production of innovation: a study of its technical efficiency (2000-2009) Online publication date: Tue, 17-Jan-2017
by Pedro Casares-Hontañón; Pablo Coto-Millán; Manuel Agüeros Sánchez; Alfonso Badiola
International Journal of Manufacturing Technology and Management (IJMTM), Vol. 30, No. 6, 2016
Abstract: This paper analyses the determinants of global innovation with a focus on technical efficiency. To this end, we propose a theoretical model which specifies a transcendental logarithmic production function, which includes a number of inputs that influence innovation, such as technological capital, human capital and scientific capital. Subsequently, we estimate technical efficiency with stochastic econometric methods. The article considers the importance of human capital to boost production innovation worldwide. Also, it highlights that in recent years Asian countries have become leaders in technical efficiency.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Manufacturing Technology and Management (IJMTM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com