EconPapers    
Economics at your fingertips  
 

Changing Nature of Patents in Australia

Sasan Bakhtiari

Australian Economic Review, 2023, vol. 56, issue 3, 288-307

Abstract: Recent decades have seen substantial changes to the innovation systems of major economies, not least due to a paradigm shift caused by the digital revolution. Whether smaller advanced economies such as Australia have undergone a similar shift or moved to fill the void left by other countries is unclear. This issue is important as it sets the long‐term growth path of these economies. I use Australian patent data and show that there has been a similar surge in Australia in patenting, mainly driven by medical and digital technologies. Australia, however, is showing more strength in a few niche areas. At the same time, the scope of patents, as one measure of basicness, narrowed over the years. This has been driven by private companies opting for applied research and also refocusing their innovation efforts away from chemical and material technologies and onto digital technologies and other applied areas.

Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/1467-8462.12521

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ausecr:v:56:y:2023:i:3:p:288-307

Ordering information: This journal article can be ordered from
https://ordering.onl ... 7-8462&ref=1467-8462

Access Statistics for this article

Australian Economic Review is currently edited by John de New, Viet Hoang Nguyen and Susan Méndez

More articles in Australian Economic Review from The University of Melbourne, Melbourne Institute of Applied Economic and Social Research Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery (contentdelivery@wiley.com).

 
Page updated 2025-02-01
Handle: RePEc:bla:ausecr:v:56:y:2023:i:3:p:288-307