The Linkage between Input and Output in the Innovation Ecosystem

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diego_araujo_reis
diego_araujo_reis
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Diego Araujo Reis
Diego Araujo Reis
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Fábio Rodrigues de Moura
Fábio Rodrigues de Moura
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Iracema Machado de Aragão
Iracema Machado de Aragão

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GJHSS Volume 21 Issue H3

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An innovation ecosystem is characterized by numerous interactions between its various components. The proper functioning of an innovation ecosystem is a necessary condition to increase the chances of successful innovative activities. This research aims to investigate the relationship between input and output in the innovation ecosystem of countries. For the empirical evaluation, the Global Innovation Index (GII) was used as a proxy of the innovation ecosystem. This index tracks innovation inputs and innovation products in various countries. Using annual country data, an unconditional quantile regression model was estimated to identify the structural relationship between innovation input and output, including with lag application. Our findings show that innovation input has a significant and positive effect on innovation output in countries. These findings are useful for national innovation policies, since they emphasize the need to promote better innovation incentives.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

diego_araujo_reis. 2021. \u201cThe Linkage between Input and Output in the Innovation Ecosystem\u201d. Global Journal of Human-Social Science - H: Interdisciplinary GJHSS-H Volume 21 (GJHSS Volume 21 Issue H3): .

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GJHSS Volume 21 Issue H3
Pg. 31- 41
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Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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GJHSS-H Classification: FOR Code: 280107
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v1.2

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March 22, 2021

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English

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An innovation ecosystem is characterized by numerous interactions between its various components. The proper functioning of an innovation ecosystem is a necessary condition to increase the chances of successful innovative activities. This research aims to investigate the relationship between input and output in the innovation ecosystem of countries. For the empirical evaluation, the Global Innovation Index (GII) was used as a proxy of the innovation ecosystem. This index tracks innovation inputs and innovation products in various countries. Using annual country data, an unconditional quantile regression model was estimated to identify the structural relationship between innovation input and output, including with lag application. Our findings show that innovation input has a significant and positive effect on innovation output in countries. These findings are useful for national innovation policies, since they emphasize the need to promote better innovation incentives.

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The Linkage between Input and Output in the Innovation Ecosystem

Diego Araujo Reis
Diego Araujo Reis
Fábio Rodrigues de Moura
Fábio Rodrigues de Moura
Iracema Machado de Aragão
Iracema Machado de Aragão

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