3 ms·
Ugh another one of these "we take highly complex systems, a fuzzy property, some questionable proxies (number of patents lol) to measure it by and we compress i
by RGamma 6y ago
Ugh another one of these "we take highly complex systems, a fuzzy property, some questionable proxies (number of patents lol) to measure it by and we compress it into a one-dimensional ranking"
Oversimplification at best, make-believe at worst, especially since there are economists involved who in my book aren't exactly known for methodological rigor.
You know, there might be some truth in this in say that that the top third is on average more innovative than the bottom third or something like that, but without in-depth justification you just can't know, so this is simply economist fantasy?