Innovation and Export Portfolios

This paper examines the link between sectoral concentration and overall performance in the search for on-the-frontier innovations, inside-the-frontier innovations, and export booms. It extends the literature by increasing country coverage and the types of search processes considered, and by focusing...

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Main Authors:	Klinger, Bailey, Lederman, Daniel
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ABSOLUTE VALUE ANNUAL GROWTH ANNUAL GROWTH RATE BARRIERS TO ENTRY BASIC BENCHMARK COMPARATIVE ADVANTAGE CONVERGENCE HYPOTHESIS COUNTRY LEVEL DATA ISSUES DATA MODELS DATA SOURCES DEPENDENT VARIABLE DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DISCOVERY DISCUSSIONS DISTRIBUTION OF WEALTH DIVERSIFICATION ECONOMETRIC MODELS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH ECONOMIC STUDIES ECONOMICS OF INNOVATION ECONOMICS RESEARCH EDUCATED PEOPLE ELECTRONICS EMPIRICAL LITERATURE ESTIMATION RESULTS EVOLUTIONARY ECONOMICS EXPLANATORY VARIABLES EXPLORATION EXPORT GROWTH EXPORTS FACTOR ENDOWMENTS FIXED EFFECTS GDP GDP PER CAPITA GINI COEFFICIENT GINI INDEX GLOBAL LEVEL GROUP LEVEL GROWTH RATE GROWTH RATES HIGH POVERTY IDEA IDEAS INCOME INDUSTRIALIZED COUNTRIES INFERENCE INNOVATION INNOVATION INDICATORS INNOVATION PERFORMANCE INNOVATION PROCESSES INNOVATION STRATEGY INNOVATIONS INNOVATIVE ACTIVITIES INNOVATIVE PERFORMANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTUITION INVENTION INVENTIONS LABOR FORCE LAGGED DEPENDENT LEARNING LORENZ CURVE MEASURING INCOME INEQUALITY MODEL MONOPOLIES NATIONAL INNOVATION POLICIES NET EXPORTS NEW PRODUCT NEW PRODUCTS NEW TECHNOLOGY PATENTS PATH-DEPENDENCE PERFORMANCE MEASURE POLICY RESEARCH POOR PEOPLE POVERTY RATE POVERTY RATES PRODUCTIVITY REAL GDP ROM SCALE EFFECTS TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGICAL PROGRESS TECHNOLOGY FRONTIER
Online Access:	http://documents.worldbank.org/curated/en/2006/08/6969546/innovation-export-portfolios http://hdl.handle.net/10986/8362

id	okr-10986-8362
recordtype	oai_dc
spelling	okr-10986-83622021-04-23T14:02:41Z Innovation and Export Portfolios Klinger, Bailey Lederman, Daniel ABSOLUTE VALUE ANNUAL GROWTH ANNUAL GROWTH RATE BARRIERS TO ENTRY BASIC BENCHMARK COMPARATIVE ADVANTAGE CONVERGENCE HYPOTHESIS COUNTRY LEVEL DATA ISSUES DATA MODELS DATA SOURCES DEPENDENT VARIABLE DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DISCOVERY DISCUSSIONS DISTRIBUTION OF WEALTH DIVERSIFICATION ECONOMETRIC MODELS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH ECONOMIC STUDIES ECONOMICS OF INNOVATION ECONOMICS RESEARCH EDUCATED PEOPLE ELECTRONICS EMPIRICAL LITERATURE ESTIMATION RESULTS EVOLUTIONARY ECONOMICS EXPLANATORY VARIABLES EXPLORATION EXPORT GROWTH EXPORTS FACTOR ENDOWMENTS FIXED EFFECTS GDP GDP PER CAPITA GINI COEFFICIENT GINI INDEX GLOBAL LEVEL GROUP LEVEL GROWTH RATE GROWTH RATES HIGH POVERTY IDEA IDEAS INCOME INDUSTRIALIZED COUNTRIES INFERENCE INNOVATION INNOVATION INDICATORS INNOVATION PERFORMANCE INNOVATION PROCESSES INNOVATION STRATEGY INNOVATIONS INNOVATIVE ACTIVITIES INNOVATIVE PERFORMANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTUITION INVENTION INVENTIONS LABOR FORCE LAGGED DEPENDENT LEARNING LORENZ CURVE MEASURING INCOME INEQUALITY MODEL MONOPOLIES NATIONAL INNOVATION POLICIES NET EXPORTS NEW PRODUCT NEW PRODUCTS NEW TECHNOLOGY PATENTS PATH-DEPENDENCE PERFORMANCE MEASURE POLICY RESEARCH POOR PEOPLE POVERTY RATE POVERTY RATES PRODUCTIVITY REAL GDP ROM SCALE EFFECTS TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGICAL PROGRESS TECHNOLOGY FRONTIER This paper examines the link between sectoral concentration and overall performance in the search for on-the-frontier innovations, inside-the-frontier innovations, and export booms. It extends the literature by increasing country coverage and the types of search processes considered, and by focusing on the links with overall performance in these search processes. After controlling for the necessary relationships as well as fixed effects at the country/commodity group level, the paper finds a clear negative relationship between the concentration of innovation portfolios and performance: countries that are the most successful in these search processes have their successes spread across a broader range of industries than those with poorer performance. Furthermore, the search for export booms exhibits the least amount of sectoral concentration and path-dependence. These findings suggest that public support for these processes need not be focused in a narrow range of sectors, and modeling of these processes in theoretical work, particularly in the search for export booms, should be of a stochastic flavor. 2012-06-18T21:00:06Z 2012-06-18T21:00:06Z 2006-08 http://documents.worldbank.org/curated/en/2006/08/6969546/innovation-export-portfolios http://hdl.handle.net/10986/8362 English Policy Research Working Paper; No. 3983 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ABSOLUTE VALUE ANNUAL GROWTH ANNUAL GROWTH RATE BARRIERS TO ENTRY BASIC BENCHMARK COMPARATIVE ADVANTAGE CONVERGENCE HYPOTHESIS COUNTRY LEVEL DATA ISSUES DATA MODELS DATA SOURCES DEPENDENT VARIABLE DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DISCOVERY DISCUSSIONS DISTRIBUTION OF WEALTH DIVERSIFICATION ECONOMETRIC MODELS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH ECONOMIC STUDIES ECONOMICS OF INNOVATION ECONOMICS RESEARCH EDUCATED PEOPLE ELECTRONICS EMPIRICAL LITERATURE ESTIMATION RESULTS EVOLUTIONARY ECONOMICS EXPLANATORY VARIABLES EXPLORATION EXPORT GROWTH EXPORTS FACTOR ENDOWMENTS FIXED EFFECTS GDP GDP PER CAPITA GINI COEFFICIENT GINI INDEX GLOBAL LEVEL GROUP LEVEL GROWTH RATE GROWTH RATES HIGH POVERTY IDEA IDEAS INCOME INDUSTRIALIZED COUNTRIES INFERENCE INNOVATION INNOVATION INDICATORS INNOVATION PERFORMANCE INNOVATION PROCESSES INNOVATION STRATEGY INNOVATIONS INNOVATIVE ACTIVITIES INNOVATIVE PERFORMANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTUITION INVENTION INVENTIONS LABOR FORCE LAGGED DEPENDENT LEARNING LORENZ CURVE MEASURING INCOME INEQUALITY MODEL MONOPOLIES NATIONAL INNOVATION POLICIES NET EXPORTS NEW PRODUCT NEW PRODUCTS NEW TECHNOLOGY PATENTS PATH-DEPENDENCE PERFORMANCE MEASURE POLICY RESEARCH POOR PEOPLE POVERTY RATE POVERTY RATES PRODUCTIVITY REAL GDP ROM SCALE EFFECTS TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGICAL PROGRESS TECHNOLOGY FRONTIER
spellingShingle	ABSOLUTE VALUE ANNUAL GROWTH ANNUAL GROWTH RATE BARRIERS TO ENTRY BASIC BENCHMARK COMPARATIVE ADVANTAGE CONVERGENCE HYPOTHESIS COUNTRY LEVEL DATA ISSUES DATA MODELS DATA SOURCES DEPENDENT VARIABLE DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DISCOVERY DISCUSSIONS DISTRIBUTION OF WEALTH DIVERSIFICATION ECONOMETRIC MODELS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH ECONOMIC STUDIES ECONOMICS OF INNOVATION ECONOMICS RESEARCH EDUCATED PEOPLE ELECTRONICS EMPIRICAL LITERATURE ESTIMATION RESULTS EVOLUTIONARY ECONOMICS EXPLANATORY VARIABLES EXPLORATION EXPORT GROWTH EXPORTS FACTOR ENDOWMENTS FIXED EFFECTS GDP GDP PER CAPITA GINI COEFFICIENT GINI INDEX GLOBAL LEVEL GROUP LEVEL GROWTH RATE GROWTH RATES HIGH POVERTY IDEA IDEAS INCOME INDUSTRIALIZED COUNTRIES INFERENCE INNOVATION INNOVATION INDICATORS INNOVATION PERFORMANCE INNOVATION PROCESSES INNOVATION STRATEGY INNOVATIONS INNOVATIVE ACTIVITIES INNOVATIVE PERFORMANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTUITION INVENTION INVENTIONS LABOR FORCE LAGGED DEPENDENT LEARNING LORENZ CURVE MEASURING INCOME INEQUALITY MODEL MONOPOLIES NATIONAL INNOVATION POLICIES NET EXPORTS NEW PRODUCT NEW PRODUCTS NEW TECHNOLOGY PATENTS PATH-DEPENDENCE PERFORMANCE MEASURE POLICY RESEARCH POOR PEOPLE POVERTY RATE POVERTY RATES PRODUCTIVITY REAL GDP ROM SCALE EFFECTS TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGICAL PROGRESS TECHNOLOGY FRONTIER Klinger, Bailey Lederman, Daniel Innovation and Export Portfolios
relation	Policy Research Working Paper; No. 3983
description	This paper examines the link between sectoral concentration and overall performance in the search for on-the-frontier innovations, inside-the-frontier innovations, and export booms. It extends the literature by increasing country coverage and the types of search processes considered, and by focusing on the links with overall performance in these search processes. After controlling for the necessary relationships as well as fixed effects at the country/commodity group level, the paper finds a clear negative relationship between the concentration of innovation portfolios and performance: countries that are the most successful in these search processes have their successes spread across a broader range of industries than those with poorer performance. Furthermore, the search for export booms exhibits the least amount of sectoral concentration and path-dependence. These findings suggest that public support for these processes need not be focused in a narrow range of sectors, and modeling of these processes in theoretical work, particularly in the search for export booms, should be of a stochastic flavor.
format	Publications & Research :: Policy Research Working Paper
author	Klinger, Bailey Lederman, Daniel
author_facet	Klinger, Bailey Lederman, Daniel
author_sort	Klinger, Bailey
title	Innovation and Export Portfolios
title_short	Innovation and Export Portfolios
title_full	Innovation and Export Portfolios
title_fullStr	Innovation and Export Portfolios
title_full_unstemmed	Innovation and Export Portfolios
title_sort	innovation and export portfolios
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2006/08/6969546/innovation-export-portfolios http://hdl.handle.net/10986/8362
_version_	1764406305407107072

Innovation and Export Portfolios

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