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Innovation in periods of crisis and growth. Sectoral patterns of innovation in Swedish manufacturing (1970-2007)

Författare

Summary, in English

Whether and how innovation activity is dependent upon economic factors has been discussed extensively. Most

empirical studies on the subject have either used patent data as a proxy for innovation, or been conducted at an

aggregate level. Using a new database on Swedish product innovations (Swinno) this paper examines in what

way patterns of innovation activity varied across and within manufacturing sectors during the period 1970-2007.

Exploring data on the commercialization and technological characteristics of product innovations as well as

data on innovating firms the historical development is put into perspective. Sweden, like many other

industrialized nations, saw from the structural crisis of the 1970s the relative decline of shipbuilding, textile,

printing industries among others, and the rise of new sectors. The main, tentative, results suggest a Mensch-type

clustering of innovations during the Swedish structural crisis of the late 1970s concentrated to the machinery

sector and office machinery and computers. Meanwhile, no such pattern could be observed the crisis of the

1990s. Second, using principal component analysis it is suggested that to the extent that product innovations

show a general countercyclical pattern throughout the period it is by and large concentrated to Mark II patterns

of innovation.

Publiceringsår

2012

Språk

Engelska

Dokumenttyp

Konferensbidrag

Ämne

  • Economic History

Nyckelord

  • Business cycles
  • Industrial transformation
  • Principal Component Analysis
  • Sectoral patterns of innovation
  • Swedish Manufacturing Industry

Conference name

XVIth World Economic History Congress, 2012

Conference date

2012-07-09 - 2012-07-13

Conference place

Stellenbosch, South Africa

Status

Unpublished