{"title":"A new mapping of technological interdependence","authors":"","doi":"10.1016/j.respol.2024.105126","DOIUrl":null,"url":null,"abstract":"<div><p>How does technological interdependence affect innovation? We address this question by examining the influence of neighbors’ innovativeness and the structure of the innovators’ network on a sector’s capacity to develop new technologies. We study these two dimensions of technological interdependence by applying novel methods of text mining and network analysis to the documents of 6.5 million patents granted by the United States Patent and Trademark Office (USPTO) between 1976 and 2021. We find that, in the long run, the influence of network linkages is as important as that of neighbor innovativeness. In the short run, however, positive shocks to neighbor innovativeness yield relatively rapid effects, while the impact of shocks strengthening network linkages manifests with delay, even though lasts longer. Our analysis also highlights that patent text contains a wealth of information often not captured by traditional innovation metrics, such as patent citations.</p></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":null,"pages":null},"PeriodicalIF":7.5000,"publicationDate":"2024-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0048733324001756/pdfft?md5=05dc0eec28724b5c7ee5511b88262366&pid=1-s2.0-S0048733324001756-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Research Policy","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0048733324001756","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 0
Abstract
How does technological interdependence affect innovation? We address this question by examining the influence of neighbors’ innovativeness and the structure of the innovators’ network on a sector’s capacity to develop new technologies. We study these two dimensions of technological interdependence by applying novel methods of text mining and network analysis to the documents of 6.5 million patents granted by the United States Patent and Trademark Office (USPTO) between 1976 and 2021. We find that, in the long run, the influence of network linkages is as important as that of neighbor innovativeness. In the short run, however, positive shocks to neighbor innovativeness yield relatively rapid effects, while the impact of shocks strengthening network linkages manifests with delay, even though lasts longer. Our analysis also highlights that patent text contains a wealth of information often not captured by traditional innovation metrics, such as patent citations.
期刊介绍:
Research Policy (RP) articles explore the interaction between innovation, technology, or research, and economic, social, political, and organizational processes, both empirically and theoretically. All RP papers are expected to provide insights with implications for policy or management.
Research Policy (RP) is a multidisciplinary journal focused on analyzing, understanding, and effectively addressing the challenges posed by innovation, technology, R&D, and science. This includes activities related to knowledge creation, diffusion, acquisition, and exploitation in the form of new or improved products, processes, or services, across economic, policy, management, organizational, and environmental dimensions.