Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/90152
Authors: 
Kreuchauff, Florian
Teichert, Nina
Year of Publication: 
2014
Series/Report no.: 
Working Paper Series in Economics, Karlsruher Institut für Technologie (KIT) 53
Abstract: 
Scientific literature postulates that nanotechnology is to be considered as general purpose technology (GPT), characterized by pervasiveness, high technological dynamism and the inducement of innovations within a variety of applications. We set out to not only further systematize existing approaches investigating nanotechnology's GPT traits based on patent applications, but to extend the analysis to academic publication data, in order to cover both knowledge creation and application development. By utilizing well established and consolidated indicators of GPT features, such as generality, diffusion, and forward citation rates, as well as contextualized technological coherence as a new weighted generality measure, we compare nanotechnology's research output to the ones of ICT as accepted GPT and of the combustion engine as a non- GPT, representing an upper and lower benchmark, respectively. Moreover, we add the EU27 as new institutional setting. Our results indicate that while nanotechnology is not as clearly perceptible a GPT as ICT is, the potential to develop as such and hence to become an 'engine of growth' is clearly given.
Subjects: 
general purpose technology
nanotechnology
patents
publications
generality
technological coherence
JEL: 
O33
O30
O34
Document Type: 
Working Paper

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