It is great to launch these conference proceedings from the ISS 2018 conference held in Seoul, July 2-4, Korea. The theme of the ISS 2018 was "Innovation, Catch-up, and Sustainable Development". Keun Lee, one of the guest editors of this volume, served as the President of the Society (2016-2018)...

Scientific knowledge is crucial to opening up new possibilities for major technological advances. However, the role of science has not been regarded as important in the innovations leading to modern steelmaking. In addition, how did science begin to play an important role? Mokyr focuses on the...

New solutions in artificial intelligence and machine learning require researchers to study, in greater depth, the nature, and dynamics of emerging industries like biotechnology or pharmaceuticals. With his pioneering work, Luigi Orsenigo has demonstrated, in great detail, how new technologies...

In the catch-up literature, more attention has been paid to the rate rather than the direction of technological change. This paper presents and implements a novel methodology to identify and measure the effects of the direction of technological change in terms of technological congruence and its...

This study examines the impacts of national innovation systems (NIS) and economic complexity index (ECI) on economic growth. A composite index of NIS is developed by using US patent data as a weighted sum of three, four or five variables among the following: concentration of assignees,...

The main purpose of this study is to examine the impact of patent rights and utility model on both economic growth and firm performance. The research hypothesis is tested using the Generalized Method of Moments (GMM) technique. Empirical findings imply that the impact of intellectual property...