A Policy Insight into the R&D-Patent Relationship

Bruno van Pottelsberghe de la Potterie and Gaétan de Rassenfosse
Authors registered in the RePEc Author Service: Bruno van Pottelsberghe de la Potterie ()

No 6716, CEPR Discussion Papers from Centre for Economic Policy Research

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)
Date: 2008-02
New Economics Papers: this item is included in nep-edu, nep-ino, nep-ipr, nep-pr~ and nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Related works:
Journal Article: A policy insight into the R&D-patent relationship (2009)
Working Paper: A Policy Insight into the R&D-Patent Relationship (2008)
Working Paper: A Policy Insight into the R&D-Patent Relationship (2008)
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