Economic complexity as a new approach to assessing the commercialization of scientific and technological products

oleh: Mohammadmehdi Ahmadian, Hassanali Aghajani, Maysam Shirkhodaie, Amirmansour Tehranchian

Format: Article
Diterbitkan: Central Library of Astan Quds Razavi 2019-02-01

Deskripsi

<strong>     </strong><strong>Purpose:</strong> To introduce a new approach to assess the success in the commercialization of scientific and technological productions in the field of economic complexity. <strong>     Methodology</strong>: First, according to the data from one of the world's most reliable databases, the scientific and technological productions of the selected countries during 2005-2015 are studied and compared. Then, the method of calculating the economic complexity index is introduced, and the ranking of the selected countries in terms of the index is presented. <strong>     Findings</strong>: Almost all the countries have experienced an upward trend in science production during the various years. Although the growth of scientific productions in the developing countries is greater, but regarding the patent and commercialization of the science, the developed countries are the most successful, and they rank higher in terms of economic complexity. <strong>     Conclusion</strong>: Publishing scientific articles only to display their quantity, without considering their quality, content, and application in the real world, will not have much effect on the development of knowledge-based products, scientific progress, and economic development. Therefore, the economic complexity index can be taken into consideration by policy makers and authorities as a valuable method to assess the extent of success of theoretical and technical knowledge in the practical field.