DP8145 The R&D-patent relationship: An industry perspective

Author(s): Jérôme Danguy, Gaétan de Rassenfosse, Bruno van Pottelsberghe de la Potterie
Publication Date: December 2010
Keyword(s): appropriability, propensity to patent, research productivity, strategic propensity
JEL(s): O30, O34, O38
Programme Areas: Industrial Organization
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=8145

This paper aims at contributing to the literature on the relationship between research efforts and patent counts. It is claimed that the "propensity-to-patent" should be split into an "appropriability propensity" and a "strategic propensity". The empirical contribution is based on a unique panel dataset composed of 18 industries in 19 countries over 19 years, and relies on five alternative patent indicators. The results confirm that the distinction between the two types of propensity matter. The sharp increase in patenting observed in most patent offices seems to be due to greater internationalization of patents rather than to a burst in innovations.