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Mapping Weak Signals

Inspired by: academic journals » Insufficient R&D expenditure hampers service competitiveness in OECD countries

version: 4 / updated: 2010-05-06
id: #795 / version id: #790
mode: VIEW

Originally submitted by: Rafael Popper
List of all contributors by versions (mouse over)
Last changed by: Rafael Popper
WI-WE status:
unpublished

Source of inspiration

Academic/scientific journals (e.g. Research Policy, Nature)

The source of the Weak Signal is

Kaartemo, Kaivo-oja and Inkinen (2010) Insufficient expenditure on R&D as a determinant of poor service competitiveness in OECD countries, Bilbao ISPIM conference (Dynamics of Innovation

Signal's headline

(max. 9 words)
Insufficient R&D expenditure hampers service competitiveness in OECD countries

Signal's description

(approx. 150 words)
Please describe the Weak Signal (approx. 150 words)
The article by Kaartemo, Kaivo-oja and Inkinen (2010) discusses the correlation of service innovation input with international competitiveness. The study is based on longitudinal trend analysis of official statistics. Firstly, the article relies on export trade data by WTO in 1982-2007. Secondly, the article is based on the OECD data on R&D input in service in 1981-2007. We are able to indicate that the OECD countries have lost their service competitiveness. Poor performance can be explained by insufficient business expenditure on R&D in service industries. The article is among first of a kind which analyses the correlation between service innovation input and output. Therefore, it is expected to be an important contribution in the field of service innovation research. The research findings are of utmost importance to the decision-makers and business managers by indicating how R&D in service contributes to international competitiveness.

Keywords

service, R&D, competitiveness, service trade, trend analysis, innovation, OECD

Mini-description

(max. 250 characters)
Correlation analysis of service innovation input with international competitiveness suggests that OECD countries lost service competitiveness and that poor performance relates to insufficient business expenditure on R&D in service industries.

Signal's first apperance

2005-now

Signal's potential evolution

It could lead to...
issue type of issue/development potential impact on society timeframe for the issue to become at least 50% probable
#1 New measures in the development of service STI activities in the OECD countries new/emerging
mainly beneficial
now-2025

Importance

please specify
please select
Level 2: important for a particular world region OECD countries
Level 3: important for the European Union

Filters preventing the signal's monitoring

economic filters (business/market interests)
political filters (party or ideological interests)

Signal's relevance for European Grand Challenges

where? please justify:
particularly relevant Europe world
Innovation dynamics

Signal's relevance for thematic research areas

please justify:
particularly relevant
International S&T Cooperation