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Concordance and Complementarity in IP Instruments

Marco Grazzi, Chiara Piccardo and Cecilia Vergari

No 2019-04, JRC Working Papers on Corporate R&D and Innovation from Joint Research Centre (Seville site)

Abstract: This work investigates the relationship between proxies of innovation activities, such as patents and trademarks, and firm performance in terms of revenues, growth and profitability. By resorting to the virtual universe of Italian manufacturing firms this work provides a rather complete picture of the Intellectual Property (IP) strategies pursued by Italian firms, in terms of patents and trademarks, and we study whether the two instruments for protecting IP exhibit complementarity or substitutability. In addition, and to our knowledge novel, we propose a measure of concordance (or proximity) between the patents and trademarks owned by the same firm and we then investigate whether such concordance exert any effect on performance.

Keywords: Trademarks; Patents; Innovation; Intellectual Property; Complementarity; Concordance; Technological proximity; firm performance; firm growth; firm performance; firm growth (search for similar items in EconPapers)
Date: 2019-11
New Economics Papers: this item is included in nep-bec, nep-cse, nep-eff, nep-ino, nep-ipr, nep-knm, nep-sbm and nep-tid
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Related works:
Journal Article: Concordance and complementarity in IP instruments (2020) Downloads
Working Paper: Concordance and complementarity in IP instruments (2019) Downloads
Working Paper: Concordance and Complementarity in IP Instruments (2019) Downloads
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