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Inventive productivity and patent quality: Evidence from Italian inventors

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  • Schettino, Francesco
  • Sterlacchini, Alessandro
  • Venturini, Francesco

Abstract

This paper examines the inventive performances of a regional set of Italian inventors. After stressing that the distribution of the inventors’ productivity is extremely skewed, we find that patent productivity is not influenced by individual characteristics, but it is higher for the inventors working in teams or in large firms with greater patent portfolios. Instead, patent quality is associated with some individual features such as age, gender and level of education. Accordingly, patented innovations coming from inventors working in small firms or independently can be as valuable as those generated in large companies. The policy implications of these findings are discussed.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Policy Modeling.

Volume (Year): 35 (2013)
Issue (Month): 6 ()
Pages: 1043-1056

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Handle: RePEc:eee:jpolmo:v:35:y:2013:i:6:p:1043-1056

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Web page: http://www.elsevier.com/locate/inca/505735

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Keywords: Inventors; Inventive productivity; Patent quality; Patent policy;

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Citations

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Cited by:
  1. Schettino, Francesco & Sterlacchini, Alessandro, 2009. "Determinants of patent withdrawals: Evidence from a sample of Italian applications with the EPO," World Patent Information, Elsevier, vol. 31(4), pages 308-314, December.
  2. ONISHI Koichiro & NAGAOKA Sadao, 2012. "Life-cycle Productivity of Industrial Inventors: Education and other determinants," Discussion papers 12059, Research Institute of Economy, Trade and Industry (RIETI).
  3. Katharina Frosch, 2009. "Do only new brooms sweep clean? A review on workforce age and innovation," MPIDR Working Papers WP-2009-005, Max Planck Institute for Demographic Research, Rostock, Germany.
  4. Praceus, Sarah & Herstatt, Cornelius, 2012. "Consumer innovation in the poor versus rich world: Some differences and similarities," Working Papers 71, Hamburg University of Technology (TUHH), Institute for Technology and Innovation Management.

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