nep-ipr New Economics Papers
on Intellectual Property Rights
Issue of 2012‒11‒11
four papers chosen by
Roland Kirstein
Otto von Guericke University Magdeburg

  1. The ownership of academic patents and their impact. Evidence from five European countries By Francesco LISSONI (GREThA, CNRS, UMR 5113); Fabio MONTOBBIO (KITeS, Université BOCCONI - Milan)
  2. Micro Evidence on International Patenting By Maurseth, Per Botolf; Svensson, Roger
  3. University Startups and Entrepreneurship: New Data, New Results By Richard Jensen
  4. Impacto De Las Patentes Sobre El Crecimiento Económico: Un Modelo Panel Cointegrado [Impact of Patents on Economic Growth: A Cointegrated Panel Data Model] By Jacobo Campo Robledo

  1. By: Francesco LISSONI (GREThA, CNRS, UMR 5113); Fabio MONTOBBIO (KITeS, Université BOCCONI - Milan)
    Abstract: This paper compares the value and impact of academic patents in five European countries with different institutional frameworks: Denmark, France, Italy, the Netherlands, and Sweden. Ownership patterns of academic patents are found to: (i) differ greatly across country, due to a combination of legal norms on IP and institutional features of the university system; (ii) be strongly associated to academic patents\' value, as measured by patent citations. Company-owned academic patents tend to be as cited as non-academic ones, while university-owned tend to be less cited. Academic patents in the Netherlands are more cited than non-academic ones, irrespective to their ownership, while university-owned patents get fewer citations in both France and Italy. We propose an explanation of these results based on the different autonomy and experience in dealing with IP and technology transfer enjoyed by universities in the countries considered. We also find that company-owned academic patents in Sweden get many fewer citations than non-academic. Individually-owned academic patents are more cited than non-academic patents similarly owned by their inventors.
    Keywords: Academic patents, Academic entrepreneurship, Patent citations, University system, Technology Transfer, Professor privilege
    JEL: O31 O32 O33 O34
    Date: 2012
    URL: http://d.repec.org/n?u=RePEc:grt:wpegrt:2012-24&r=ipr
  2. By: Maurseth, Per Botolf (Department of Economics); Svensson, Roger (Research Institute of Industrial Economics (IFN))
    Abstract: Globalization, high growth rates in high-tech industries, growing emerging markets and harmonization of patent institutions across countries have stimulated patenting in foreign markets. We use a simple model of international patenting, where the decision to patent in a foreign country depends on country characteristics and the quality of the patented invention. With access to a detailed database on individual patents owned by Swedish small firms and inventors, we are able to estimate some of these relationships and test their validity. Our results indicate that the propensity to apply for international patent protection increases with indicators of the quality of the invention and indicators of technological rivalry and market size in the host market.
    Keywords: International patenting; Host country characteristics; Patent value
    JEL: O33 O34
    Date: 2012–10–25
    URL: http://d.repec.org/n?u=RePEc:hhs:iuiwop:0934&r=ipr
  3. By: Richard Jensen (Department of Economics, University of Notre Dame)
    Abstract: This paper empirically examines commercialization of university faculty inventions through startup firms from 1994 through 2008. Using data from the Association of University Technology Managers and the 2010 NRC doctoral rankings, our research reveals several findings. We find that university entrepreneurship is more common in bad economic times and that engineering department quality and biological sciences department size are more important after the NASDAQ stock market crash in 2000. We also find that the quality of a biological sciences department is positively associated with startup company activity. Conditional on creating one startup, each additional TTO employee significantly increases university startups.
    Keywords: Startups, Entrepreneurship, Innovation
    JEL: I23 M13 O31
    Date: 2012–07
    URL: http://d.repec.org/n?u=RePEc:nod:wpaper:009&r=ipr
  4. By: Jacobo Campo Robledo (GEE - Grupo de Estudios Económicos - Superintendencia de Industria y Comercio)
    Abstract: This article presents an empirical model of non-stationary and cointegrated panel data to explain the impact of industrial property, measured by patents, on the GDP of 10 Latin America countries during the period 1990 to 2010. Apply traditional unit root tests and unit root test of art, which incorporates a structural break and the cross-sectional dependence, proposed by Hadri and Rao (2008). Through the Pedroni (1999, 2000, 2004) cointegration test proves the existence of a long-term relationship between variables and estimates the long-run elasticities. The results show the existence of a positive relationship between the level of innovation and GDP.
    Keywords: Economic Growth, Patents, Production Function, Panel Unit Roots, Panel.
    Date: 2012–05–31
    URL: http://d.repec.org/n?u=RePEc:hal:wpaper:hal-00744361&r=ipr

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