Cross-Border Patenting, Globalization, and Development

Jesse LaBelle, Inmaculada Martinez-Zarzoso, Ana Maria Santacreu and Yoto Yotov

No 10850, CESifo Working Paper Series from CESifo

Abstract: We build a stylized model that captures the relationships between cross-border patenting, globalization, and development. Our theory delivers a gravity equation for cross-border patents. To test the model’s predictions, we compile a new dataset that tracks patents within and between countries and industries, for 1980-2019. The econometric analysis reveals a strong, positive impact of policy and globalization on cross-border patent flows, especially from North to South. A counterfactual welfare analysis suggests that the increase in patent flows from North to South has benefited both regions, with South gaining more than North post-2000, thus lowering real income inequality in the world.

Keywords: cross-border patents; gravity; policy; globalization; development (search for similar items in EconPapers)
JEL-codes: F63 O14 O33 O34 (search for similar items in EconPapers)
Date: 2023
New Economics Papers: this item is included in nep-his, nep-int and nep-ure
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Related works:
Working Paper: Cross-border Patenting, Globalization, and Development (2024)
Working Paper: Cross-border Patenting, Globalization, and Development (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_10850

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