Academic vs. industry patenting: an in-depth analysis of what determines patent value
Bruno van Pottelsberghe de la Potterie,
Eleftherios Sapsalis () and
No 05-008.RS, Working Papers CEB from ULB -- Universite Libre de Bruxelles
This paper compares corporate and academic patents and tests whether they have similar value and similar determinants of value. The empirical results based on an in-depth analysis of 400 biotech patents applied by Belgian universities and firms lead to the following observations :(i) the value distributions show similar levels of skewness for both academic and corporate patents; (ii) for the two sectors the identification of the institutional origin of knowledge allows for an improved understanding of what determines the value of patents; (iii) of particular importance is to separate self backward citations from non-self backward citations (to patent and non patent literature); (iv) the results clearly underline the crucial role of academic research as a source of knowledge spillovers, and the need to focus on researchers with a high scientific profile in order to crystallize their tacit knowledge into high value patents, for both the academic and corporate sectors.
Keywords: Patent value; academic patenting; backward citations. (search for similar items in EconPapers)
JEL-codes: L33 O33 O34 (search for similar items in EconPapers)
Pages: 28 p.
New Economics Papers: this item is included in nep-ino and nep-sog
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (22) Track citations by RSS feed
Published by: Centre Emile Bernheim, Bruxelles
Downloads: (external link)
https://dipot.ulb.ac.be/dspace/bitstream/2013/6309/1/bvp-0064.pdf bvp-0064 (application/pdf)
Working Paper: Academic vs. industry patenting: an in-depth analysis of what determines patent value (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:sol:wpaper:05-008
Ordering information: This working paper can be ordered from
http://hdl.handle.ne ... .ulb.ac.be:2013/6309
Access Statistics for this paper
More papers in Working Papers CEB from ULB -- Universite Libre de Bruxelles Contact information at EDIRC.
Bibliographic data for series maintained by Benoit Pauwels ().