AAA
In the video game industry, "AAA" (pronounced "Triple-A") titles refer to videogames that are of a high quality, have a high budget, and are produced and distributed by major publishers.
Appropriability
The ability of inventors and firms to recover their investments into innovation, particularly when the outcomes of innovation risk being copied by other firms.
Codified knowledge
Knowledge that is shared through documentation, standardization and classification
Developer
In the video game industry, a developer is a person or corporation responsible for the technical aspects of game development.
Diversity
How many capabilities (scientific, technological or production) a country is specialized in
Economic complexity
A measure of the knowledge residing in an economy based on the diversity and ubiquity of its exports.
Embodied knowledge
Knowledge that exists in tools, machines and equipment
Industrial policy
Traditionally, industrial policies centered on approaches such as import tariffs, subsidies and subsidized loans targeted at a limited set of industries. More recent approaches have widened the focus to include policies promoting innovation.
Innovation complexity
A measure of the knowledge residing in an economy based on the diversity and ubiquity of its innovation capabilities.
Market failure
Market failures occur when individuals' and companies' pursuit of their own self-interest results in outcomes that are inefficient and can be enhanced from a societal perspective.
Relatedness
the principle that diversification tends to favor activities that are most closely related to each other
Smart specialization
a bottom-up approach involving stakeholders that aims to identify investment priorities for governments and companies building on local capabilities
Specialization
the principle that economies specialize in certain capabilities (scientific, technological or production), which can be quantified in both absolute and relative terms
Tacit knowledge
non-codified knowledge that exists in individual’s brains and may not be shared easily
Public good
Describes a set of goods and services that are non-excludable and non-rivalrous.
Ubiquity
A measure of how many countries/regions have a particular capability. It is the opposite of rareness.