R&D Satellite Account: a methodological proposal to Ecuador

ABSTRACT

The objective of this research is to propose a methodology for the construction of the R&D Satellite Account of Ecuador. For its development, inputs such as R&D capital expenditure, net operating surplus, other taxes less production subsidies, fixed capital consumption, and software duplication were utilized. The methodology is based on two phases i) Treatment of information; ii) construction of the satellite account, taking into account the methodological approaches for the construction of Supply-Use Tables (SUT). The research contributes to a better understanding and measurement of the investment in R&D in the country, highlighting that the Services sector is the main generator of R&D, followed by the manufacturing sector, and emphasizing its impact on gross capital formation. This contribution not only allows for the identification of key sectors driving R&D production but can also be crucial for policy formulation and decision-making in the field of innovation and economic growth in Ecuador.

KEYWORDS:
Innovation; National accounts; Input-Output Table; Gross capital formation; Industrial sectors