Villar Otálora, Juan Camilo; Campo, Jacobo - In: Revista de métodos cuantitativos para la economía y … 37 (2024), pp. 1-13
-2019 period. Assuming that patents act as a proxy for innovation and using the ordinary least squares dynamic estimator, the … stock of patents generates an increase in GDP of 0.52 %. Similarly, an increase in R&D spending of 1.0 % translates into GDP … is found between R&D spending and the stock of patents, patent stock and economic growth, and R&D spending and economic …