The end of the European Paradox

Herranz, Neus; Ruiz-Castillo, Javier

Publication:
The end of the European Paradox

dc.affiliation.dpto	UC3M. Departamento de Economía	es
dc.contributor.author	Herranz, Neus
dc.contributor.author	Ruiz-Castillo, Javier
dc.contributor.editor	Universidad Carlos III de Madrid. Departamento de Economía
dc.date.accessioned	2012-03-28T13:38:42Z
dc.date.available	2012-03-28T13:38:42Z
dc.date.issued	2011-09
dc.description.abstract	This paper evaluates the European Paradox according to which Europe plays a leading world role in terms of scientific excellence, measured in terms of the number of publications, but lacks the entrepreneurial capacity of the U.S. to transform this excellent performance into innovation, growth, and jobs. Citation distributions for the U.S., the European Union (EU), and the rest of the world are evaluated using a pair of high- and low-impact indicators, as well as the mean citation rate. The dataset consists of 3.6 million articles published in 1998-2002 with a common five-year citation window. The analysis is carried at a low aggregation level: the 219 sub-fields identified with the Web of Science categories distinguished by Thomson Scientific. The problems posed by international co-authorship and the multiple assignments of articles to sub-fields are solved following a multiplicative strategy. In the first place, we find that, although the EU has more publications than the U.S. in 113 out of 219 sub-fields, the U.S. is ahead of the EU in 189 and 163 sub-fields in terms of the high- and low-impact indicators. In the second place, we verify that using the high-impact indicator the U.S./EU gap is usually greater than when using the mean citation rate.
dc.description.sponsorship	European Community's Seventh Framework Program
dc.description.sponsorship	The authors acknowledge financial support from the Santander Universities Global Division of Banco Santander. Ruiz-Castillo also acknowledges financial help from the Spanish MEC through grant SEJ2007-67436
dc.format.mimetype	application/pdf
dc.format.mimetype	text/plain
dc.identifier.issn	2340-5031
dc.identifier.repec	we1127
dc.identifier.uri	https://hdl.handle.net/10016/12195
dc.identifier.uxxi	DT/0000000908
dc.language.iso	eng
dc.relation.hasversion	http://hdl.handle.net/10016/19108
dc.relation.ispartofseries	UC3M Working papers. Economics
dc.relation.ispartofseries	11-27
dc.relation.projectID	info:eu-repo/grantAgreement/EC/FP7/217436
dc.rights	Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRights	open access
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.eciencia	Economía
dc.subject.other	Citation analysis
dc.subject.other	World rankings
dc.subject.other	High-impact indicators
dc.title	The end of the European Paradox
dc.type	working paper	*
dc.type.hasVersion	SMUR	*
dspace.entity.type	Publication