R&D Investments, EPO Patent Applications and the Economic Heterogeneity within the EU

Potužáková Zuzana () and Öhm Jan ()
Additional contact information
Potužáková Zuzana: Department of Marketing and Trade / Department of Economic Statistics, Economic Faculty, Technical University of Liberec, Liberec, Czech Republic
Öhm Jan: Department of Marketing and Trade / Department of Economic Statistics, Economic Faculty, Technical University of Liberec, Liberec, Czech Republic

Review of Economic Perspectives, 2018, vol. 18, issue 2, 177-191

Abstract: In addition to internationalization and growing volumes of international trade in goods, the importance of expenditure on research and development (R&D) has grown significantly. National patent protection has become rather insufficient with increased international trade in goods, which has resulted in the importance of the international patent protection. The main aim of the article is to analyse the relation between R&D investment and the number of patent applications filed with the European Patent Office (EPO) after the year 2000, when the EU‘s Lisbon Strategy was launched. The authors have focused primarily on the differences among the EU macro-regions, which are based on the socioeconomic models. Conclusions imply that one percentage point of R&D expenditure generates roughly 100 EPO applications and the findings also show that individual macro-regions have the identical scattered data. However, dispersions in the individual groups of the EU Member States after the year 2000 differ. The EU Member States are starting to vary significantly in the intensity of R&D support also within each macro-region, thus disparities increase within the EU. Therefore, the attitude to GERD is considered to be an important factor contributing to the greater economic disparities within the EU.

Keywords: EU; EPO application; economic growth; GERD internationalization; R&D (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/revecp-2018-0010 (text/html)

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:vrs:reoecp:v:18:y:2018:i:2:p:177-191:n:5

DOI: 10.2478/revecp-2018-0010

Access Statistics for this article

Review of Economic Perspectives is currently edited by Antonín Slaný

More articles in Review of Economic Perspectives from Sciendo
Bibliographic data for series maintained by Peter Golla ().