Table 1. Data details with summary...

Table 1.

Data details with summary statistics and correlation

Data details	Patent applications, total	Broad money (% of GDP)	Tax revenue (% of GDP)	GDP per capita (current US$)	Governance quality index	Economic globalisation index
Data sources	World development indicators (WDI), the World Bank	World development indicators (WDI), the World Bank	World development indicators (WDI), the World Bank	World development indicators (WDI), the World Bank	World development indicators (WDI), the World Bank	KOF Swiss Economic Institute
	INN	BM	TR	GDP	GQ	EG
Emerging Asian economies
Mean	88,866.230	95.775	12.820	3400.164	0.000	55.401
Median	6,257.000	90.473	12.892	2446.807	−0.152	55.521
Maximum	1,542,002.000	211.892	22.481	12,617.500	1.968	76.731
Minimum	854.000	20.710	4.585	329.001	−1.875	21.110
SD	283,837.700	44.300	3.355	2,952.038	1.000	12.111
Jarque–Bera	0.142	0.923	0.178	0.550	0.482	0.349
Observations	182	182	182	182	182	182
INN	1.000
BM	0.615	1.000
TR	−0.324	0.044	1.000
GDP	0.452	0.652	0.102	1.000
GQ	−0.097	0.188	0.397	0.507	1.000
EG	−0.250	0.189	0.621	0.478	0.743	1.000
Advanced Asian economies
Mean	114,072.100	127.655	18.535	35,423.740	0.000	67.784
Median	25,741.000	112.866	14.934	34,979.210	0.317	66.570
Maximum	439,175.000	283.486	31.986	77,710.070	1.542	94.922
Minimum	5,700.000	36.327	11.577	8,281.700	−2.325	36.373
SD	142,770.700	54.324	5.942	14,861.740	1.000	14.399
Jarque–Bera	0.572	0.818	0.341	0.856	0.962	0.202
Observations	130	130	130	130	130	130
INN	1.000
BM	0.830	1.000
TR	−0.477	−0.457	1.000
GDP	−0.032	0.320	−0.017	1.000
GQ	−0.687	−0.291	0.419	0.482	1.000
EG	−0.574	−0.163	−0.069	0.368	0.802	1.000

Data details	Patent applications,total	Broad money(% of GDP)	Tax revenue(% of GDP)	GDP per capita(current US$)	Governance qualityindex	Economicglobalisation index
Data sources	World developmentindicators (WDI),the World Bank	World developmentindicators (WDI),the World Bank	World developmentindicators (WDI),the World Bank	World developmentindicators (WDI),the World Bank	World developmentindicators (WDI),the World Bank	KOF SwissEconomic Institute
	INN	BM	TR	GDP	GQ	EG
Emerging Asian economies
Mean	88,866.230	95.775	12.820	3400.164	0.000	55.401
Median	6,257.000	90.473	12.892	2446.807	−0.152	55.521
Maximum	1,542,002.000	211.892	22.481	12,617.500	1.968	76.731
Minimum	854.000	20.710	4.585	329.001	−1.875	21.110
SD	283,837.700	44.300	3.355	2,952.038	1.000	12.111
Jarque–Bera	0.142	0.923	0.178	0.550	0.482	0.349
Observations	182	182	182	182	182	182
INN	1.000
BM	0.615	1.000
TR	−0.324	0.044	1.000
GDP	0.452	0.652	0.102	1.000
GQ	−0.097	0.188	0.397	0.507	1.000
EG	−0.250	0.189	0.621	0.478	0.743	1.000
Advanced Asian economies
Mean	114,072.100	127.655	18.535	35,423.740	0.000	67.784
Median	25,741.000	112.866	14.934	34,979.210	0.317	66.570
Maximum	439,175.000	283.486	31.986	77,710.070	1.542	94.922
Minimum	5,700.000	36.327	11.577	8,281.700	−2.325	36.373
SD	142,770.700	54.324	5.942	14,861.740	1.000	14.399
Jarque–Bera	0.572	0.818	0.341	0.856	0.962	0.202
Observations	130	130	130	130	130	130
INN	1.000
BM	0.830	1.000
TR	−0.477	−0.457	1.000
GDP	−0.032	0.320	−0.017	1.000
GQ	−0.687	−0.291	0.419	0.482	1.000
EG	−0.574	−0.163	−0.069	0.368	0.802	1.000

Source: Authors’ own calculation by using E-views 12

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