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Digital Innovation and Patent Applications 2021 DNK O EST O NLD DEU UGA O O DIX 0.00 0.02 0.04 0.06 0.08 0.10 NOR HUN AUS
Digital Innovation and Patent Applications 2021 DNK O EST O NLD DEU UGA O O DIX 0.00 0.02 0.04 0.06 0.08 0.10 NOR HUN AUS GBR O CHE O Ooo OCTRPOL ISAO O HRWAO_ESELO SGP AUT O BEEWN JPN O C O SWE KOR 0.0 0.2 0.4 0.6 0.8 1.0 Patent Application Index The figure above displays countries, represented by their alpha-3 codes, according to their invention output (as measured by patent applications) on the x-axis, and their digital innovation output on the y-axis. The latter is quantified by the Digital Innovation Index (DIX), which is a measure of innovation on the internet. Both metrics are standardized, ranging from 0 (minimum) to 1 (maximum). For improved readability, countries with a population of less than 2 million have been excluded from the graph. 1. Analyze the graph, noting any notable patterns or unexpected positions of individual countries. 2. Reflect on the textbook chapters you read this week and propose possible explanations for the observed data. How might different political economies and state interventions explain these findings
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