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The increasing dominance of science in the economy: Which nations are successful?

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We analyzed breakthrough patents that serve as the basis of emerging technological trajectories and paradigm over 25-years. The results showed that although technological fields have a different degree of dependency… Click to show full abstract

We analyzed breakthrough patents that serve as the basis of emerging technological trajectories and paradigm over 25-years. The results showed that although technological fields have a different degree of dependency on science, the major part of the patents is now science-dependent. The results suggest that the relationship of science to economic growth has fundamentally changed. Over time, science-dependent innovations increasingly have dominated in the innovation-based economy; however, a large number of most productive countries in scientific research even with strong technological, and financial backing doesn’t have the motivation and ability to turn science to wealth-generating innovations.

Keywords: dominance science; science economy; science; increasing dominance; economy nations; economy

Journal Title: Scientometrics
Year Published: 2019

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