The influence of key enabling technologies on technological innovation
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Authors: | Wessendorf, Colin | Editors: | Fornahl, Dirk | Publisher: | Institute for Economic Research and Policy (IERP) | Abstract: | Key enabling technologies (KETs) have gained attention in science and policy due to their multidisciplinary nature and their ability to link distant knowledge fields, endowing them with a central role in recombinant innovation processes. However, it remains under-researched whether KETs generally have a higher influence on innovation processes than non-KETs. This study addresses the question by using propensity score matching and regression analysis. First, a balanced dataset is created through matching KET patents to non-KET patents that stem from a comparable context. Subsequently, it is analyzed whether KET patents are associated with higher forward citation frequencies than non-KETs. The results show that KETs receive more citations on average, but it appears that this effect is driven by a few very impactful patents. The results further show that not all KETs exert a measurable impact on forward citations and highlight the heterogeneities between the individual KETs. These findings call for a more critical assessment of the KET concept and for nuanced approaches in research and policy. |
Keywords: | Key Enabling Technologies; General Purpose Technologies; Recombinant Novelty; Technological impact; Patent citations; Propensity Score Matching | Issue Date: | 19-Dec-2024 | Journal/Edited collection: | Bremen Papers on Economics & Innovation | Start page: | 1 | End page: | 61 | Volume: | 2403 | Type: | Artikel/Aufsatz | ISSN: | 2629-3994 | Secondary publication: | no | DOI: | 10.26092/elib/3553 | URN: | urn:nbn:de:gbv:46-elib85402 | Institution: | Universität Bremen | Faculty: | Fachbereich 07: Wirtschaftswissenschaft (FB 07) | Institute: | Institute for Economic Research and Policy (IERP) |
Appears in Collections: | Forschungsdokumente |
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