Correlation of Relatedness and Complexity with Patent Applications: A Regional Analysis from Türkiye

Purpose: The aim of this paper is to test the hypothesis that regional innovativeness is positively correlated with the two main building variables of smart specialization: relatedness density (a region’s potential to develop new technologies compatible with existing capabilities) and knowledge comp...

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Main Authors: Mert Abay, Sedef Akgüngör
Format: Article
Language:English
Published: Sanayi ve Teknoloji Bakanlığı 2023-01-01
Series:Verimlilik Dergisi
Subjects:
Online Access:https://dergipark.org.tr/tr/download/article-file/2202221
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author Mert Abay
Sedef Akgüngör
author_facet Mert Abay
Sedef Akgüngör
author_sort Mert Abay
collection DOAJ
description Purpose: The aim of this paper is to test the hypothesis that regional innovativeness is positively correlated with the two main building variables of smart specialization: relatedness density (a region’s potential to develop new technologies compatible with existing capabilities) and knowledge complexity (a region’s potential to develop unique and hard-to-imitate technologies).Methodology: Analysis are made over a panel regression model, using data from OECD-REGPAT database for the years 1978–2017 covering Türkiye’s NUTS-3 regions. The dependent variable is innovativeness, and the independent variables are the average relatedness density and knowledge complexity indices for each region. Per capita income, number of universities, number of technoparks, Turkish Patent Institute, Türkiye-EU Customs Union agreement, and lagged value of the dependent variable are the control variables.Findings: The results confirm that innovativeness and a region’s potential to develop new technologies that are compatible with existing technological portfolios (relatedness density) are correlated, while the variable that measures a region’s potential to develop unique technologies (knowledge complexity) is not statistically significant.Originality: The originality of this work is that we demonstrate relatedness to be one of the building blocks of smart specialization as correlated with regional innovativeness; complexity, the other building block, is not correlated.
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spelling doaj.art-88fc1046db4e415e9dc30d89a73c352c2023-08-31T06:48:19ZengSanayi ve Teknoloji BakanlığıVerimlilik Dergisi1013-13882757-69732023-01-01571738410.51551/verimlilik.1060389417Correlation of Relatedness and Complexity with Patent Applications: A Regional Analysis from TürkiyeMert Abay0Sedef Akgüngör1DOKUZ EYLUL UNIVERSITYDOKUZ EYLÜL ÜNİVERSİTESİPurpose: The aim of this paper is to test the hypothesis that regional innovativeness is positively correlated with the two main building variables of smart specialization: relatedness density (a region’s potential to develop new technologies compatible with existing capabilities) and knowledge complexity (a region’s potential to develop unique and hard-to-imitate technologies).Methodology: Analysis are made over a panel regression model, using data from OECD-REGPAT database for the years 1978–2017 covering Türkiye’s NUTS-3 regions. The dependent variable is innovativeness, and the independent variables are the average relatedness density and knowledge complexity indices for each region. Per capita income, number of universities, number of technoparks, Turkish Patent Institute, Türkiye-EU Customs Union agreement, and lagged value of the dependent variable are the control variables.Findings: The results confirm that innovativeness and a region’s potential to develop new technologies that are compatible with existing technological portfolios (relatedness density) are correlated, while the variable that measures a region’s potential to develop unique technologies (knowledge complexity) is not statistically significant.Originality: The originality of this work is that we demonstrate relatedness to be one of the building blocks of smart specialization as correlated with regional innovativeness; complexity, the other building block, is not correlated.https://dergipark.org.tr/tr/download/article-file/2202221relatednesscomplexitysmart specializationregional innovativenessi̇lişkililikkarmaşıklıkakıllı uzmanlaşmatürkiyebölgesel yenilikçilik
spellingShingle Mert Abay
Sedef Akgüngör
Correlation of Relatedness and Complexity with Patent Applications: A Regional Analysis from Türkiye
Verimlilik Dergisi
relatedness
complexity
smart specialization
regional innovativeness
i̇lişkililik
karmaşıklık
akıllı uzmanlaşma
türkiye
bölgesel yenilikçilik
title Correlation of Relatedness and Complexity with Patent Applications: A Regional Analysis from Türkiye
title_full Correlation of Relatedness and Complexity with Patent Applications: A Regional Analysis from Türkiye
title_fullStr Correlation of Relatedness and Complexity with Patent Applications: A Regional Analysis from Türkiye
title_full_unstemmed Correlation of Relatedness and Complexity with Patent Applications: A Regional Analysis from Türkiye
title_short Correlation of Relatedness and Complexity with Patent Applications: A Regional Analysis from Türkiye
title_sort correlation of relatedness and complexity with patent applications a regional analysis from turkiye
topic relatedness
complexity
smart specialization
regional innovativeness
i̇lişkililik
karmaşıklık
akıllı uzmanlaşma
türkiye
bölgesel yenilikçilik
url https://dergipark.org.tr/tr/download/article-file/2202221
work_keys_str_mv AT mertabay correlationofrelatednessandcomplexitywithpatentapplicationsaregionalanalysisfromturkiye
AT sedefakgungor correlationofrelatednessandcomplexitywithpatentapplicationsaregionalanalysisfromturkiye