MEASURING THE TECHNOLOGICAL COMPETITIVENESS OF ECONOMIES WITH THE PTCE METHOD: PRC VS. USA 2000–2020

IF 4.8 2区经济学 Q1 ECONOMICS Technological and Economic Development of Economy Pub Date : 2024-07-11 DOI:10.3846/tede.2024.21520

Adam Woźnicki, Remigiusz Gawlik

{"title":"MEASURING THE TECHNOLOGICAL COMPETITIVENESS OF ECONOMIES WITH THE PTCE METHOD: PRC VS. USA 2000–2020","authors":"Adam Woźnicki, Remigiusz Gawlik","doi":"10.3846/tede.2024.21520","DOIUrl":null,"url":null,"abstract":"The relationship between China (PRC) and the United States (USA) has reached an unprecedented level of tension, mainly due to economic and technological rivalry. This study introduces an original quantitative method, the Pentagon of Technological Competitiveness of Economy (PTCE) to measure the technological competitiveness of both countries from 2000 to 2020. The findings reveal that while the USA remains a global technological leader, the PRC is emerging as a formidable challenger. Although the USA still holds the lead, signs of decline are visible, while the PRC exhibits a remarkable upward trajectory in technological competitiveness. The findings provide actionable recommendations for policymakers. To reinforce its position as the unrivaled technological leader, the USA should prioritize enhancing capabilities in areas such as patents, scientific articles and the export of high technology and STEM-related products. For the PRC there is an unprecedented opportunity to surpass the USA in technological leadership by strategic investments in research, innovation and human capital development. The novelty of this research lies in two main areas: (i) its significant contribution to competitiveness analysis through the introduction of the PTCE method and (ii) its provision of a comprehensive assessment of the shifting technological dynamics between the USA and the PRC.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":null,"pages":null},"PeriodicalIF":4.8000,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Technological and Economic Development of Economy","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.3846/tede.2024.21520","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 0

Abstract

The relationship between China (PRC) and the United States (USA) has reached an unprecedented level of tension, mainly due to economic and technological rivalry. This study introduces an original quantitative method, the Pentagon of Technological Competitiveness of Economy (PTCE) to measure the technological competitiveness of both countries from 2000 to 2020. The findings reveal that while the USA remains a global technological leader, the PRC is emerging as a formidable challenger. Although the USA still holds the lead, signs of decline are visible, while the PRC exhibits a remarkable upward trajectory in technological competitiveness. The findings provide actionable recommendations for policymakers. To reinforce its position as the unrivaled technological leader, the USA should prioritize enhancing capabilities in areas such as patents, scientific articles and the export of high technology and STEM-related products. For the PRC there is an unprecedented opportunity to surpass the USA in technological leadership by strategic investments in research, innovation and human capital development. The novelty of this research lies in two main areas: (i) its significant contribution to competitiveness analysis through the introduction of the PTCE method and (ii) its provision of a comprehensive assessment of the shifting technological dynamics between the USA and the PRC.

查看原文

微信好友朋友圈 QQ好友复制链接

本刊更多论文

用 PTCE 方法衡量经济体的技术竞争力：中国与美国 2000-2020 年的比较美国 2000-2020 年

中国（PRC）和美国（USA）之间的关系已经达到了前所未有的紧张程度，这主要是由于经济和技术竞争造成的。本研究引入了一种独创的定量方法--经济技术竞争力五角大楼（PTCE），以衡量两国从 2000 年到 2020 年的技术竞争力。研究结果表明，尽管美国仍然是全球技术领导者，但中国正在成为一个强大的挑战者。虽然美国仍处于领先地位，但衰退迹象明显，而中国的技术竞争力则呈现出显著的上升趋势。研究结果为政策制定者提供了可行的建议。为巩固其无与伦比的技术领导者地位，美国应优先提高专利、科学论文以及高科技和 STEM 相关产品出口等领域的能力。对于中国来说，通过对研究、创新和人力资本发展进行战略投资，在技术领先地位上超越美国的机会前所未有。本研究的新颖性主要体现在两个方面：(i) 通过引入 PTCE 方法，对竞争力分析做出了重大贡献；(ii) 对美国和中国之间不断变化的技术动态进行了全面评估。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文去求助

来源期刊

Technological and Economic Development of Economy ECONOMICS-

CiteScore

10.00

自引率

8.50%

发文量

审稿时长

15 weeks

期刊介绍： Technological and Economic Development of Economy is a refereed journal that publishes original research and review articles and book reviews. The Journal is designed for publishing articles in the following fields of research: systems for sustainable development, policy on sustainable development, legislation on sustainable development, strategies, approaches and methods for sustainable development, visions and scenarios for the future, education for sustainable development, institutional change and sustainable development, health care and sustainable development, alternative economic paradigms for sustainable development, partnership in the field of sustainable development, industry and sustainable development, sustainable development challenges to business and management, technological changes and sustainable development, social aspects of sustainability, economic dimensions of sustainability, political dimensions of sustainability, innovations, life cycle design and assessment, ethics and sustainability, sustainable design and material selection, assessment of environmental impact, ecology and sustainability, application case studies, best practices, decision making theory, models of operations research, theory and practice of operations research, statistics, optimization, simulation. All papers to be published in Technological and Economic Development of Economy are peer reviewed by two appointed experts. The Journal is published quarterly, in March, June, September and December.