Sanctions and Knowledge Spillovers

Kiet Tuan Duong, Steven Ongena, Nam T. Vu and Luu Duc Toan Huynh
Additional contact information
Kiet Tuan Duong: University of York
Nam T. Vu: Miami University of Ohio - Department of Economics
Luu Duc Toan Huynh: Queen Mary University of London

No 25-01, Swiss Finance Institute Research Paper Series from Swiss Finance Institute

Abstract: Do international sanctions impact patenting? To answer this question, we study patent applications originating in Russia, currently one of the world's most heavily sanctioned countries. We find that Russian applications are subject to longer processing times in sanctioning countries and that filed Russian patents exhibit fewer forward citations. Interestingly, applicants with names similar to those in the Kremlin or in the top 20 of popular Russian first names, and applicants who have filed patents during the last three years receive faster processing and greater forward citations. Retaliatory "revenge" sanctions imposed by Russia have an opposite impact, but the impact is more robustly overturned in sanctioning countries.

Keywords: sanction; patent; knowledge spillover; processing duration (search for similar items in EconPapers)
JEL-codes: D02 D74 D83 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2025-01
New Economics Papers: this item is included in nep-cis, nep-ipr, nep-knm and nep-tid
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Persistent link: https://EconPapers.repec.org/RePEc:chf:rpseri:rp2501

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