Mechanisms and Functions within a National Innovation System

In modern society, the competitive success of countries is increasingly dependent on the effective management of their national innovation system (NIS). Therefore, understanding the mechanisms behind NISs has become essential. After reviewing the current understanding of the NIS concept and the exis...

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Autor principal: Gogodze,Joseph
Lenguaje:English
Publicado: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2016
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242016000400003
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spelling oai:scielo:S0718-272420160004000032017-01-20Mechanisms and Functions within a National Innovation SystemGogodze,Joseph National Innovation System Intangible Asset Structure Equation Model Global Innovation Index (GII) In modern society, the competitive success of countries is increasingly dependent on the effective management of their national innovation system (NIS). Therefore, understanding the mechanisms behind NISs has become essential. After reviewing the current understanding of the NIS concept and the existing measurement models, this study proposes to consider the NIS as an intangible (underlying) asset of a specific kind and identifies its seven fundamental components, which are extracted with a new measurement model, the Global Innovation Index (GII). This study employs the Structural Equation Modeling (SEM) techniques to analyze the relationships among the components of an NIS. Our results support the existence of a causal link between the constituents of an NIS and provide several perspectives regarding NIS management opportunities. In particular, we find that the efficient management of institutional capital is a key determinant of innovation success for non-high-income countries.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.11 n.4 20162016-01-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242016000400003en10.4067/S0718-27242016000400003
institution Scielo Chile
collection Scielo Chile
language English
topic National Innovation System
Intangible Asset
Structure Equation Model
Global Innovation Index (GII)
spellingShingle National Innovation System
Intangible Asset
Structure Equation Model
Global Innovation Index (GII)
Gogodze,Joseph
Mechanisms and Functions within a National Innovation System
description In modern society, the competitive success of countries is increasingly dependent on the effective management of their national innovation system (NIS). Therefore, understanding the mechanisms behind NISs has become essential. After reviewing the current understanding of the NIS concept and the existing measurement models, this study proposes to consider the NIS as an intangible (underlying) asset of a specific kind and identifies its seven fundamental components, which are extracted with a new measurement model, the Global Innovation Index (GII). This study employs the Structural Equation Modeling (SEM) techniques to analyze the relationships among the components of an NIS. Our results support the existence of a causal link between the constituents of an NIS and provide several perspectives regarding NIS management opportunities. In particular, we find that the efficient management of institutional capital is a key determinant of innovation success for non-high-income countries.
author Gogodze,Joseph
author_facet Gogodze,Joseph
author_sort Gogodze,Joseph
title Mechanisms and Functions within a National Innovation System
title_short Mechanisms and Functions within a National Innovation System
title_full Mechanisms and Functions within a National Innovation System
title_fullStr Mechanisms and Functions within a National Innovation System
title_full_unstemmed Mechanisms and Functions within a National Innovation System
title_sort mechanisms and functions within a national innovation system
publisher Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate 2016
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242016000400003
work_keys_str_mv AT gogodzejoseph mechanismsandfunctionswithinanationalinnovationsystem
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