Study on the lagged effects between national innovation capability and innovation investment within the Group of Twenty based on grey correlation analysis

Author

Wang Dan ; Zhao Xin-li ; Zhang Zhen-shan

Author_Institution

Sch. of Manage., Harbin Inst. of Technol., Harbin, China

fYear

2014

fDate

17-19 Aug. 2014

Firstpage

1593

Lastpage

1599

Abstract

This paper establishes the evaluation index system according to the characteristics of the national innovation system, constructs a time-lagged analysis model based on grey correlation analysis method, takes the patent application and the innovation investment of the Group of Twenty (G20) from 2000 to 2012 as the reference sequence and comparative sequence, respectively. The grey correlation grades in different lagged steps are calculated. The results show that most of the innovation investments drive the improvement of the national innovation capability with lagged effects in G20.

Keywords

grey systems; innovation management; investment; patents; G20; Group of Twenty; evaluation index system; grey correlation method; innovation investment; innovation investments; national innovation capability; national innovation system; patent application; time-lagged analysis model; Correlation; Economic indicators; Indexes; Investment; Patents; Technological innovation; G20; capability; grey correlation analysis; innovation; investment; lagged effects;

fLanguage

English

Publisher

ieee

Conference_Titel

Management Science & Engineering (ICMSE), 2014 International Conference on

Conference_Location

Helsinki

Print_ISBN

978-1-4799-5375-2

Type

conf

DOI

10.1109/ICMSE.2014.6930423

Filename

6930423