Patterns of technological progress and corporate innovation (original) (raw)
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Patenting Activities and Technological Development in the Global Economy
Včenì zapiski Tavrìjsʹkogo nacìonalʹnogo unìversitetu ìmenì V.Ì. Vernadsʹkogo, 2020
доктор економічних наук, доцент, Львівський торговельно-економічний університет Шайда О.Є. кандидат економічних наук, доцент, Національний університет «Львівська політехніка» Степанов А.В. старший викладач, Львівський торговельно-економічний університет PATENTING ACTIVITIES AND TECHNOLOGICAL DEVELOPMENT IN THE GLOBAL ECONOMY The article is devoted to the study of current trends in patenting activities in the context of global economic processes. The priorities and goals of developing a long-term vision of the development of the countries of the world are considered in the context of the formation of the digital economy. The role of legal protection of intellectual property in achieving high rates of patenting is appraised. Comparative data of world patent ratings are given. The existing problems in the domestic patenting of scientific and technical solutions are highlighted. An econometric model of the dependence of the indicator of the number of patent applications filed with the European Patent Organisation on the percentage of human resources engaged in R&D in the EU has been built. The decisive role of human resources in scientific and technological development and patenting activities is substantiated, which requires a balanced state policy in the direction of improving human capital.
Roles of Patents in Economic Development and Integration
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In this paper we have worked on a number of documents and articles published to find a relationship between patents and the economic growth of countries. We have found that patents and their applications are important for economic growth. The patent is not always a global indicator of all the technological knowledge produced, since a considerable number of technological know-how remains in the form of business secrets or sometimes the technology is published in scientific articles. The patent can be an economic policy instrument to encourage investment in research and development. More patents lead to more innovations and vice versa. The patent is a vector of economic growth through the promotion of innovation.
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Using a new global data base on patents and innovation inputs, the authors examine the process of knowledge creation measured by the dynamic relationship between research and development and U.S. patents granted. They confirm at the country level the recurrent micro-level finding of a strong relationship between the two and estimate the OECD elasticity to be effectively equal to one.
Patents and Economic Growth in the Long Term. A Quantitative Approach
Brussels Economic Review, 2009
The work is a quantitative analysis on the relationship between technology and economic development from data on patents from over twenty countries from the beginning of the 19th century till the end of the twentieth century. The cross section regressions between patents and per capita income show a high correlation between both variables and allow the positive effect of technological innovation on economic development to be seen. The regressions between the time series of patent applications in Spain between 1826 and 1985 and some economic variables indicate in similar fashion that there is a positive correlation between both variables, especially between patents and Gross Fixed Capital Formation.
Social Science Research Network, 2013
This paper decomposes the R&D-patent relationship at the industry level to shed light on the sources of the worldwide surge in patent applications. The empirical analysis is based on a unique dataset that includes 5 patent indicators computed for 18 industries in 19 countries covering the period from 1987 to 2005. The analysis shows that variations in patent applications reflect not only variations in research productivity but also variations in the appropriability and filing strategies adopted by firms. The results also suggest that the patent explosion observed in several patent offices can be attributed to the greater globalization of intellectual property rights rather than to a surge in research productivity.
A New Proposal for Innovation Indicators: A Study of the World’s Largest Patent Producing Countries
International Journal of Business and Management
Innovation has become an eloquent topic among researchers and the market, but it is important to understand where we are innovating and at what costs and how efficiently this has been done. Promoting innovation performance index based on patent production, R&D investment and the number of researchers being a tool to assist managers in measuring how the resource is used. According to the analysis made using the countries in the list of the top 10(ten) patent applicants, we have identified that the first place is not the most efficient in employing researchers by a patent granted or in the efficiency of the resource employed vs. the granting of patents. This study shows that much of the resource that has been employed with researchers and research has a low return for the country. The money invested by Rep. Korea, showed the best efficiency in volume of researchers producing innovation, and China presents the best numbers in volume of production, and money by patent applied. Research ...
A policy insight into the R&D–patent relationship
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This paper investigates whether patent counts can be taken as indicators of macroeconomic innovation performance. The empirical model explicitly accounts for the two components of patenting output: research productivity and patent propensity. The empirical analysis aims at explaining the 'correct' number of priority filings in 34 countries. It confirms that the two components play a substantial role as witnessed by the impact of the design of several policies, namely education, intellectual property and science and technology policies. A major policy implication relates to the design of patent systems, which ultimately induces, or allows for, aggressive patenting strategies.
The Value of Patents as Indicators of Inventive Activity
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This paper summarizes a number of studies which use patent data to examine different aspects of technological change. It describes our finn level data set construction effort; reports on the relationship between R&D expenditures and the level of patenting; analyzes the relationship between patents, R&D, and the stock market value of firms; reports on the estimation of the value of patent rights based on European patent renewal data; and describes the use of patent data to estimate the importance of R&D spillovers. It concludes that patent data represent a valuable resource for the analysis of technological change. They can be used to study longer-run interfirm differences in inventive activity and as a substitute for R&D data where they are not available in the desired detail. It is possible also to use a firm's distribution of patenting by field to infer its position in "technological space" and use it in turn to study how R&D spills over from one firm to another. Moreover, patent renewal data, which are also becoming available in the U.S., allow one to construct more relevant "quality weighted" inventive t•outputu measures.
Patents and Innovation: Evidence from Economic History
Journal of Economic Perspectives, 2013
What is the optimal system of intellectual property rights to encourage innovation? Empirical evidence from economic history can help to inform important policy questions that have been difficult to answer with modern data: For example, does the existence of strong patent laws encourage innovation? What proportion of innovations is patented? Is this share constant across industries and over time? How does patenting affect the diffusion of knowledge? How effective are prominent mechanisms, such as patent pools and compulsory licensing, that have been proposed to address problems with the patent system? This essay summarizes results of existing research and highlights promising areas for future research.