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Identifying and inducing breakthrough inventions [electronic resource]: An application related to climate change mitigation / Florian Egli, Nick Johnstone and Carlo Menon

By: Contributor(s): Material type: ArticleArticleSeries: OECD Science, Technology and Industry Working Papers ; no.2015/04.Publication details: Paris : OECD Publishing, 2015.Description: 50 p. ; 21 x 29.7cmSubject(s): Other classification:
  • O33
  • O31
  • Q55
  • Q54
Online resources: Abstract: Most of the projections of the cost of meeting climate change mitigation targets hinge crucially upon assumptions made about the cost and timing of the development of breakthrough technologies. However, very little is known about the conditions which are likely to give rise to breakthrough technologies. This paper seeks to uncover attributes of inventions - as reflected in patent data - which serve as "leading indicators" of subsequent technological and market development in climate change mitigation technologies. The role of industrial generality emerges as being robustly correlated with subsequent technological diffusion, whether measured as subsequent patent counts, commercial applicability, or attractiveness to risk finance. The indicator of closeness to science shows also a positive association with later technological diffusion. Originality and radicalness have more ambiguous results. This work can be seen as a foundation for the future development of a methodology providing guidance to policymakers in the choices made with respect to public support for different technological fields.
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Item type Home library Collection Call number Status Date due Barcode Item holds
Working Paper Biblioteca Digital Colección OECD OECD 5js03zd40n37-en (Browse shelf(Opens below)) Not For Loan
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Most of the projections of the cost of meeting climate change mitigation targets hinge crucially upon assumptions made about the cost and timing of the development of breakthrough technologies. However, very little is known about the conditions which are likely to give rise to breakthrough technologies. This paper seeks to uncover attributes of inventions - as reflected in patent data - which serve as "leading indicators" of subsequent technological and market development in climate change mitigation technologies. The role of industrial generality emerges as being robustly correlated with subsequent technological diffusion, whether measured as subsequent patent counts, commercial applicability, or attractiveness to risk finance. The indicator of closeness to science shows also a positive association with later technological diffusion. Originality and radicalness have more ambiguous results. This work can be seen as a foundation for the future development of a methodology providing guidance to policymakers in the choices made with respect to public support for different technological fields.

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