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Article

Analysis of the Growth in the Number of Patents Granted and Its Effect over the Level of Growth of the Countries: An Econometric Estimation of the Mixed Model Approach

1
Departamento de Ciencias Económicas y Administrativas, Facultad de Ciencias Jurídicas, Económicas y Administrativas, Universidad Católica de Temuco, Temuco 4810302, Chile
2
Centro de Investigación en Negocios y Gestión Empresarial, Escuela de Auditoría, Facultad de Ciencias Económicas y Administrativas, Universidad de Valparaíso, Valparaíso 2362735, Chile
3
Escuela de Comercio, Facultad de Ciencias Económicas y Administrativas, Pontificia Universidad Católica de Valparaíso, Valparaíso 2340031, Chile
*
Author to whom correspondence should be addressed.
These authors contributed equally to this work.
Academic Editors: Cristian Barra and Nazzareno Ruggiero
Sustainability 2022, 14(4), 2384; https://doi.org/10.3390/su14042384
Received: 19 January 2022 / Revised: 10 February 2022 / Accepted: 16 February 2022 / Published: 19 February 2022
(This article belongs to the Special Issue Sustainability in Enterprise Productivity and Innovation)
The purpose of this paper is to identify and measure the impact of the variables affecting the increase in the number of patents as a way to advance the development of policies in countries in terms of sustainable development based on innovation. An econometric estimation of a mixed model was used to measure the impact of patent development on the countries analyzed in this research. The findings suggest that economies that have some relevance in research and development have increasing numbers of patents. Thus, the empirical findings relate to the theoretical models that state that comparative advantages may be dynamic due to technological innovation. Finally, this paper shows that innovation is a central parameter to engage in research and develop a knowledge-based economy. View Full-Text
Keywords: economic growth; productivity and innovation; patents; econometric modeling economic growth; productivity and innovation; patents; econometric modeling
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MDPI and ACS Style

Rubilar-Torrealba, R.; Chahuán-Jiménez, K.; de la Fuente-Mella, H. Analysis of the Growth in the Number of Patents Granted and Its Effect over the Level of Growth of the Countries: An Econometric Estimation of the Mixed Model Approach. Sustainability 2022, 14, 2384. https://doi.org/10.3390/su14042384

AMA Style

Rubilar-Torrealba R, Chahuán-Jiménez K, de la Fuente-Mella H. Analysis of the Growth in the Number of Patents Granted and Its Effect over the Level of Growth of the Countries: An Econometric Estimation of the Mixed Model Approach. Sustainability. 2022; 14(4):2384. https://doi.org/10.3390/su14042384

Chicago/Turabian Style

Rubilar-Torrealba, Rolando, Karime Chahuán-Jiménez, and Hanns de la Fuente-Mella. 2022. "Analysis of the Growth in the Number of Patents Granted and Its Effect over the Level of Growth of the Countries: An Econometric Estimation of the Mixed Model Approach" Sustainability 14, no. 4: 2384. https://doi.org/10.3390/su14042384

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