A Policy Insight into the R&D-Patent Relationship

Gaetan de Rassenfosse and Bruno van Pottelsberghe de la Potterie

No 6716, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: 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.

Keywords: education policy; patent policy; propensity to patent; R&D productivity; S&T policy (search for similar items in EconPapers)
JEL-codes: O30 O38 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-edu, nep-ino, nep-ipr and nep-mic
Date: 2008-02
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Related works:
Working Paper: A Policy Insight into the R&D-Patent Relationship (2008)
Working Paper: A Policy Insight into the R&D-Patent Relationship (2008)
Journal Article: A policy insight into the R&D-patent relationship (2009)
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