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Title: A Policy Insight into the R&D-Patent Relationship

Author(s): Gaétan de Rassenfosse and Bruno van Pottelsberghe de la Potterie

Publication Date: February 2008

Keyword(s): education policy, patent policy, propensity to patent, R&D productivity and S&T policy

Programme Area(s): Industrial Organization

Abstract: This paper investigates whether patent counts can be taken as indicators of macroeconomic innovation performance. The empirical model explicitly accounts for the two components of patenting output: research productivity and patent propensity. The empirical analysis aims at explaining the `correct' number of priority filings in 34 countries. It confirms that the two components play a substantial role as witnessed by the impact of the design of several policies, namely education, intellectual property and science and technology policies. A major policy implication relates to the design of patent systems, which ultimately induces, or allows for, aggressive patenting strategies.

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Bibliographic Reference

de Rassenfosse, G and van Pottelsberghe de la Potterie, B. 2008. 'A Policy Insight into the R&D-Patent Relationship'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=6716