The institutional sources of knowledge and the value of academic patents

Bruno van Pottelsberghe de la Potter () and Eleftherios Sapsalis

ULB Institutional Repository from ULB -- Universite Libre de Bruxelles

Abstract: This paper puts forward new potential determinants of patent value which are related to the identification of institutional sources of knowledge and the geographic scope of patenting strategy. The impact of these new indicators is evaluated through an empirical analysis that aims to explain the number of forward citations received by 208 patent families applied for by six Belgian universities. The new indicators provide a more in-depth understanding of the way non-patent citations, backward patent citations, co-assignees and the geographical scope for protection determine patent value. The policy implications induced by these results are the positive impact of collaboration between public research organisations and the need to focus on academic researchers with a high scientific profile in terms of publications in order to crystallize their tacit knowledge into high value academic patents. The views expressed in this article are purely those of the authors and may not in any circumstances be regarded as stating an official position of the EPO or of the ULB. All errors and omissions remain our sole responsibility. © 2007 Taylor & Francis.

Keywords: Knowledge sources; Patent indicators; Patent value (search for similar items in EconPapers)
Date: 2007
Note: SCOPUS: ar.j
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Citations: View citations in EconPapers (35)

Published in: Economics of Innovation and New Technology (2007)

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Related works:
Journal Article: THE INSTITUTIONAL SOURCES OF KNOWLEDGE AND THE VALUE OF ACADEMIC PATENTS (2007)
Working Paper: The institutional sources of knowledge and the value of academic patents (2005)
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