Skip to main content

Patents and Innovation

Over dinner, a friend mentioned that she thought a particular country produced the most patents, and although I remember reading the same article about 10 years ago, - I believe it was in the NY Times - it is no longer true if it ever was. Looking at patents per capita, I found a variety of articles based on quality sources, and although the country does not rank in the top 10, it does rank well in Bloomberg's Innovation Index.

The latter is not solely based on patent numbers since one needs to consider other measures of innovation. Bloomberg's scoring includes indicators such as R&D spending, manufacturing, the number of high-tech companies, secondary education attainment, and the number of research personnel.

On a separate note, countries with large engineering and semiconductor industries and those that score well in international comparisons on science and math will dominate patents and innovation, as well as those countries with freer cultures, although this is synergistic, in that both the industries and social capital measures feed each other.

Some of my own informal research into Hofstede's cultural dimensions and patent production found that the two (2) dimensions with the highest correlations and P-values under .01 were Uncertainty Avoidance and Individuality. Essentially, cultures that tolerate ambiguity and are the least rule-based, along with having high individuality, produce a larger number of patents.

Because of the high tech industries they support, their high levels of education, and their generally free culture, Scandinavia performs well. It is similarly so for South Korea and Japan, although they generally do not have what we would think of as free cultures, being much more rigid and rule-based, they do have very high levels of technical education and industries that rely on those skills.

Related

Comments

Popular posts from this blog

Review - The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies

The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies by Scott E. Page My rating: 4 of 5 stars Generally, I found the book most engaging for understanding perception, heuristics and decision making, although this did not seem to be the primary premise of the book. As for the writing, it was a bit long-winded, using analogies to make points, even though the concepts themselves are readily accessible without elucidation. As to its purported focus, it provides academic, empirical, and statistical support for diversity, not necessarily racial or ethnic, with the premise being that diversity of viewpoint within groups is powerful, so much so that it trumps individual excellence. View all my reviews

A Response to Twilight of the Polymaths (NY Times)

Since you are aware of the fox and hedgehog dichotomy, you might be aware of Tetlock’s book and long-term study showing how foxes best hedgehogs in political prediction, Expert Political Judgment: How Good Is It? How Can We Know? Although depth in specialties has its merits, I can see how that depth also leads to a kind of blindness, a ‘man with a hammer’ problem, while polymaths, or people with broad awareness can sometimes pull together diverse facts to form insights that are not bound by one’s expertise. Along the same lines, many insights in technology don’t come so much from depth, but by ‘cross-pollination’ of ideas, of taking the basic concepts of one specialty and applying them to a peripherally-related one.

How Much Will Americans Sacrifice for Good Health Care?

I'm am often reminded of a statement, paraphrased from Amartya Sen, that one person's equality is another man's inequality when discussing social welfare. Making the system work could mean increasing taxes on the wealthy, reducing the military expenditure, reducing payments for unproven medications, reducing the power of insurers, doctors, and medical/pharmaceutical companies. American wellbeing, on the whole, might improve substantially, but the flip side is that all of those impinged upon would take umbrage as if their freedom was reduced. In the end, we have to realize there is a greater good to human welfare and life, and that the interests of the powerful matter less. Even then, if we tried, expect lawsuits and smears, accusations of socialism and tyranny... https://www.nytimes.com/2019/02/16/opinion/sunday/medicare-for-all-universal-health-care.html?comments#permid=30660804