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Globalization of innovation production: A patent-based industry analysis

Jérôme Danguy ()

ULB Institutional Repository from ULB -- Universite Libre de Bruxelles

Abstract: Using patent-based indicators, this paper aims to explain the extent to which the production of innovation is globalized. First, it provides evidence-over time, across countries and across industrial sectors-on the patterns in international technological collaboration and in cross-border ownership of innovation. Second, a fractional logit model is estimated for a unique panel dataset covering patent information for 21 industries in 29 countries in the period 1980-2005. The results show that countries tend to be more globalized in industrial sectors in which they are less technologically specialized. It suggests that globalization of innovation is a means of acquiring competences abroad that are lacking at home, rather than a way to exploit home technological strengths. The empirical findings also indicate that the intensity of globalization of innovation is higher in multidisciplinary country-industry pairs and in those which compete internationally in trade.

Keywords: Industrial sectors; Internationalization; Patent statistics; R & D collaboration (search for similar items in EconPapers)
Date: 2017-02
Note: SCOPUS: ar.j
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Citations: View citations in EconPapers (8)

Published in: Science & public policy (2017) v.44 n° 1,p.75-94

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Journal Article: Globalization of innovation production: A patent-based industry analysis (2017) Downloads
Working Paper: Globalization of Innovation Production: A Patent-Based Industry Analysis (2014) Downloads
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