The division of labour between academia and industry for the generation of radical inventions

Ugo Rizzo, Nicolò Barbieri (), Laura Ramaciotti () and Demian Iannantuono ()
Additional contact information
Laura Ramaciotti: Department of Economics and Management, University of Ferrara, Italy
Demian Iannantuono: Department of Economics, University of Parma, Italy

No 817, SEEDS Working Papers from SEEDS, Sustainability Environmental Economics and Dynamics Studies

Abstract: The paper investigates the relationship between radical technological development and public research. This study draws on the theory of recombinant innovation, and builds on two newly developed indicators of radicalness (Verhoeven et al., 2016) to analyse UK patents filed at the European Patent Office. It assesses whether the proximity of the invention to public research is related to a higher probability of the invention being radical. The results show that, depending on the type of novelty embodied by the radical invention (novelty in recombinant rather than novelty in technological origin), different forms of public research relate to the radicalness of invention in different ways. We found also that these relationships are heterogeneous across technological sectors. Policy implications are derived.

Keywords: Radical invention; novelty; patent; recombination; public research (search for similar items in EconPapers)
JEL-codes: O30 O31 O34 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2017-11, Revised 2017-11
New Economics Papers: this item is included in nep-eur, nep-ino, nep-ipr, nep-knm, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sustainability-seeds.org/papers/RePec/srt/wpaper/0817.pdf First version, 2017 (application/pdf)
http://www.sustainability-seeds.org/papers/RePec/srt/wpaper/0817.pdf Revised version, 2017 (application/pdf)

Related works:
Journal Article: The division of labour between academia and industry for the generation of radical inventions (2020)
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:srt:wpaper:0817

Access Statistics for this paper

More papers in SEEDS Working Papers from SEEDS, Sustainability Environmental Economics and Dynamics Studies
Bibliographic data for series maintained by Alessandro Palma ().