Measurement of depreciation rate of technological knowledge: Technology cycle time approach

Journal of Scientific and Industrial Research

Volumn 65, Issue 2, 2006, Pages 121-127

  Park, Gwangman ^a   Shin, Juneseuk ^b   Park, Yongtae ^b  

^a Electronics and Telecommunications Research Institute (ETRI)   (South Korea)

^b Seoul National University   (South Korea)

Author keywords

Depreciation rate; Patent; TCT (Technology cycle time)

Indexed keywords

DEPRECIATION; INDUSTRIAL RESEARCH; INDUSTRY; PATENTS AND INVENTIONS; TECHNOLOGY;

TECHNOLOGICAL DEVELOPMENT;

EID: 32644481022     PISSN: 00224456     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (18)

1. Clark K, The interaction of design hierarchies and market concepts in technological innovation, Res Policy, 14 (1985) 235-251.
2. Dosi G, Technological paradigms and technological trajectories: a suggested interpretation of the determinants and directions of technical change, Res Policy, 2 (1982) 147-162.
3. Pavitt K, Sectoral patterns of technical change: Towards a taxonomy and a theory, Res Policy, 13 (1984) 343-373.
4. Goto A & Suzuki K, R&D capital, rate of return on R&D investment and spillover of R&D in Japanese manufacturing industries, Rev Econ & Stat, 71 (1989) 555-564.
5. Young P, Technological growth curves: A competition of forecasting models, Technological Forecasting & Social Change, 44 (1993) 375-389.
6. Bosworth D L, The rate of obsolescence of technical knowledge- A note, J Ind Econ, 26 (1978) 273-279.
7. Nadiri M I & Prucha I R, Estimation of the depreciation rate of physical and R&D capital in the US total manufacturing sector, NBER Working Paper No. 4591 (National Bureau of Economic Research, Cambridge) 1993, 1-30.
8. Schott K, Investment in private industrial research and development in Britain, J Ind Econ, 25 (1976) 81-99.
9. Bernstein J I & Nadiri M I, Interindustry R&D spillovers, rates of return and production in high-tech industries, Am Econ Rev, 78 (1988) 429-434.
10. Jorgenson D W, Productivity and economic growth, in Fifty Years of Economic Measurement, edited by E R Berndt & J E Triplett (University of Chicago Press, Chicago) 1991, 19-118.
11. Pakes A, Patents as options: some estimates of the value of holding European patent stocks, Econometrica, 54 (1986) 755-784.
12. Pakes A & Schankerman M, The rate of obsolescence of patents, research gestation lags, and the private rate of return to research resources, in R&D, Patents and Productivity, edited by Z Griliches (University of Chicago Press, Chicago) 1984, 73-88.
13. Abernathy W & Utterback J, Patterns of industrial innovation, Technology Rev, 80 (1978) 40-47.
14. Kim B, Managing the transition of technology life cycle, Technovation, 23 (2003) 371-381.
15. Bass F M, Empirical generalizations and marketing science: A personal view, Marketing Sci, 14 (1995) 6-19.
16. Narin F, Carpenter M & Woolf P, Technological performance assessment based on patents and patent citations, IEEE Trans Engineering Mgmt, 31 (1984) 172-184.
17. Kayal A A & Waters R C, An empirical evaluation of the technology cycle time indicator as a measure of the pace of technological progress in superconductor technology, IEEE Trans Engineering Mgmt, 46 (1999) 127-131.
18. Brownyn H H, Jaffe A B & Trajtenberg M, The NBER patent-citations data file: Lessons, insights, and methodological tools, in Patents, Citations, and Innovations: A Window on the Knowledge Economy, edited by A B Jaffe & M Trajtenberg (MIT Press, Massachusetts) 2002, 403-460.