Ideas and Innovation in East Asia
The generation, diffusion, absorption, and application of new technology, knowledge, or ideas are crucial drivers of development. The authors examine the exceptionally fast growth in domestic innovation efforts in Korea, Taiwan (China), Singapore, and China, drawing on information about R&D as w...
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okr-10986-44382021-04-23T14:02:17Z Ideas and Innovation in East Asia Brahmbhatt, Milan Hu, Albert doi economics externalities innovations intellectual property journals know-how knowledge creation knowledge economy knowledge production knowledge stocks licensing networks new technology patents property rights protocols publishing technology policy technology transfer The generation, diffusion, absorption, and application of new technology, knowledge, or ideas are crucial drivers of development. The authors examine the exceptionally fast growth in domestic innovation efforts in Korea, Taiwan (China), Singapore, and China, drawing on information about R&D as well as patent and patent citations data. They also use the World Bank Investment Climate Surveys to investigate sources of technological innovation in the other middle- and low-income East Asian economies. They then evaluate the role of three main channels for knowledge flows to East Asia—international trade, acquisition of disembodied knowledge, and foreign direct investment. Results from estimating an international knowledge diffusion model using patent citations data show that, while East Asian innovations continue to draw heavily on knowledge flows from the US and Japan, citations to the same or to other East Asian economies are quickly rising, indicating the emergence of national and regional knowledge stocks as a foundation for innovation. 2012-03-30T07:12:35Z 2012-03-30T07:12:35Z 2010-08-02 Journal Article World Bank Research Observer 1564-6971 http://hdl.handle.net/10986/4438 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank World Bank Journal Article East Asia and Pacific China United States Korea, Republic of Korea, Democratic People's Republic of Singapore |
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World Bank Open Knowledge Repository |
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World Bank |
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doi economics externalities innovations intellectual property journals know-how knowledge creation knowledge economy knowledge production knowledge stocks licensing networks new technology patents property rights protocols publishing technology policy technology transfer |
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doi economics externalities innovations intellectual property journals know-how knowledge creation knowledge economy knowledge production knowledge stocks licensing networks new technology patents property rights protocols publishing technology policy technology transfer Brahmbhatt, Milan Hu, Albert Ideas and Innovation in East Asia |
geographic_facet |
East Asia and Pacific China United States Korea, Republic of Korea, Democratic People's Republic of Singapore |
description |
The generation, diffusion, absorption, and application of new technology, knowledge, or ideas are crucial drivers of development. The authors examine the exceptionally fast growth in domestic innovation efforts in Korea, Taiwan (China), Singapore, and China, drawing on information about R&D as well as patent and patent citations data. They also use the World Bank Investment Climate Surveys to investigate sources of technological innovation in the other middle- and low-income East Asian economies. They then evaluate the role of three main channels for knowledge flows to East Asia—international trade, acquisition of disembodied knowledge, and foreign direct investment. Results from estimating an international knowledge diffusion model using patent citations data show that, while East Asian innovations continue to draw heavily on knowledge flows from the US and Japan, citations to the same or to other East Asian economies are quickly rising, indicating the emergence of national and regional knowledge stocks as a foundation for innovation. |
format |
Journal Article |
author |
Brahmbhatt, Milan Hu, Albert |
author_facet |
Brahmbhatt, Milan Hu, Albert |
author_sort |
Brahmbhatt, Milan |
title |
Ideas and Innovation in East Asia |
title_short |
Ideas and Innovation in East Asia |
title_full |
Ideas and Innovation in East Asia |
title_fullStr |
Ideas and Innovation in East Asia |
title_full_unstemmed |
Ideas and Innovation in East Asia |
title_sort |
ideas and innovation in east asia |
publisher |
World Bank |
publishDate |
2012 |
url |
http://hdl.handle.net/10986/4438 |
_version_ |
1764391361492025344 |