Olof Ejermo

Regional Innovation Measured by Patent Data—Does Quality Matter?

This paper devises a new way of measuring the geographical scope of innovation based on patent data and compares its geographical distribution with that of patents granted and production. Indicators of patent quality are used to form an index of regional innovation, which is argued to be an improvement over patent counts, which are seen as indicators of inventions. Innovations are more concentrated than inventions, which in turn are more concentrated than production, gauged by employment levels. Innovations are, moreover, concentrated to regions with already high production and invention levels. This indicates that the concentration of innovation is understated, as raw patent counts are used to proxy for innovation rather than quality patents. The results further point to the need for revaluing effect of R&D on local innovative activity.

TECHNOLOGY SPECIALIZATION AND THE MAGNITUDE AND QUALITY OF EXPORTS

Abstract This paper examines how technology specialization, measured by citation-weighed patents, affects trade flows. The paper analyzes the relationship between (i) technology specialization and export specialization across regions and (ii) the technology specialization of origin and destination and the quality of export flows. We find that the export specialization of regions corresponds to their technology specialization. Regions with higher technology specialization export products of higher quality, as indicated by higher prices. Moreover, export flows to destination countries with a high technology specialization consist of products of higher quality in the specific technology. The results are consistent with knowledge and technology being important for export performance and with regions with higher specialization in a technology being better equipped to produce high-quality products. They are also consistent with destinations of higher technology specialization, having a more pronounced demand for products of higher quality in the same technology.

Accessibility to R&D: a re-examination of the consequences for invention and innovation

The contributions in this volume extend our understanding about the different ways distance impacts the knowledge conversion process. Knowledge itself is a raw input into the innovation process which can then transform it into an economically useful output such as prototypes, patents, licences and new companies. New knowledge is often tacit and thus tends to be highly localized, as indeed is the conversion process. Consequently, as the book demonstrates, space or distance matter significantly in the transformation of raw knowledge into beneficial knowledge.