IDEAS home Printed from https://ideas.repec.org/a/spr/scient/v76y2008i2d10.1007_s11192-007-1631-1.html
   My bibliography  Save this article

New indicators linking patenting and business R&D expenditure

Author

Listed:
  • Luciano Lombardo

    (Association for Research between Italy and Australasia (ARIA-Canberra)
    ARIA-Canberra)

Abstract

The paper presents a new national level indicator based on shares of OECD aggregate ‘external’ patent applications world-wide. It provides the first reliable trend data for patent applications since new patent application procedures were introduced in the 1980s. The trends show a strong correlation with business R&D expenditure (BERD) trend data similarly based on shares of OECD aggregate BERD, reaffirming a relationship observed in previous studies using granted patents. However the reliability of the current indicator over an extended 20 year period shows that in two cases, the US and UK, there is divergence in correlation over part of the period studied. This aspect of the study provides evidence that the surge in external patenting in the US, over the period 1989 to 1996, is not driven by BERD and strongly suggests public sector research as a driver. This result shows that the new patent applications indicator can monitor factors in national systems not easily observed by other means. In this case it shows potential for monitoring the success of policies in driving public sector research towards commercial outcomes.

Suggested Citation

  • Luciano Lombardo, 2008. "New indicators linking patenting and business R&D expenditure," Scientometrics, Springer;Akadémiai Kiadó, vol. 76(2), pages 201-224, August.
  • Handle: RePEc:spr:scient:v:76:y:2008:i:2:d:10.1007_s11192-007-1631-1
    DOI: 10.1007/s11192-007-1631-1
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11192-007-1631-1
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s11192-007-1631-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. repec:fth:harver:1473 is not listed on IDEAS
    2. Soete, Luc, 1987. "The impact of technological innovation on international trade patterns: The evidence reconsidered," Research Policy, Elsevier, vol. 16(2-4), pages 101-130, August.
    3. Giovanni Dosi & Keith Pavitt & Luc Soete, 1990. "The Economics of Technical Change and International Trade," LEM Book Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, number dosietal-1990, March.
    4. Mosahid Khan & Hélène Dernis, 2005. "Impact of Patent Co-Operation Treaty Data on Epo Patent Statistics and Improving the Timeliness of EPO Indicators," OECD Science, Technology and Industry Working Papers 2005/2, OECD Publishing.
    5. Simmons, Edlyn S., 2005. "Trends disrupted--patent information in an era of change," World Patent Information, Elsevier, vol. 27(4), pages 292-301, December.
    6. Jinyoung Kim & Gerald Marschke, 2004. "Accounting for the recent surge in U.S. patenting: changes in R&D expenditures, patent yields, and the high tech sector," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 13(6), pages 543-558.
    7. Zvi Griliches, 1984. "R&D, Patents, and Productivity," NBER Books, National Bureau of Economic Research, Inc, number gril84-1, March.
    8. Zvi Griliches, 1998. "Patent Statistics as Economic Indicators: A Survey," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 287-343, National Bureau of Economic Research, Inc.
    9. Kortum, Samuel & Lerner, Josh, 1999. "What is behind the recent surge in patenting?1," Research Policy, Elsevier, vol. 28(1), pages 1-22, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chihmao Hsieh, 2011. "Explicitly searching for useful inventions: dynamic relatedness and the costs of connecting versus synthesizing," Scientometrics, Springer;Akadémiai Kiadó, vol. 86(2), pages 381-404, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jérôme Danguy & Gaetan de Rassenfosse & Bruno van Pottelsberghe de la Potterie, 2014. "On the origins of the worldwide surge in patenting: an industry perspective on the R&D–patent relationship," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 23(2), pages 535-572.
    2. James Bessen & Robert M. Hunt, 2007. "An Empirical Look at Software Patents," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(1), pages 157-189, March.
    3. Hu, Mei-Chih & Mathews, John A., 2005. "National innovative capacity in East Asia," Research Policy, Elsevier, vol. 34(9), pages 1322-1349, November.
    4. Antonelli, Cristiano & Krafft, Jackie & Quatraro, Francesco, 2010. "Recombinant knowledge and growth: The case of ICTs," Structural Change and Economic Dynamics, Elsevier, vol. 21(1), pages 50-69, March.
    5. Mahmood, Ishtiaq P. & Lee, Chang-Yang, 2004. "Business groups: entry barrier-innovation debate revisited," Journal of Economic Behavior & Organization, Elsevier, vol. 54(4), pages 513-531, August.
    6. Robert M. Hunt, 1999. "Patent reform: a mixed blessing for the U.S. economy?," Business Review, Federal Reserve Bank of Philadelphia, issue Nov, pages 15-29.
    7. Ernst, Holger, 1998. "Industrial research as a source of important patents," Research Policy, Elsevier, vol. 27(1), pages 1-15, May.
    8. Jesús López-Rodríguez & J. Andrés Faíña, 2000. "Regional Income Disparities in Europe: What Role for Location?," Regional and Urban Modeling 283600059, EcoMod.
    9. Antonio Cubel & Vicente Esteve & Maria Teresa Sanchis & Juan A. Sanchis-Llopis, 2014. "The effect of foreign and domestic patents on total factor productivity during the second half of the 20th century," Working Papers 06/14, Instituto Universitario de Análisis Económico y Social.
    10. Domini, Giacomo, 2015. "The innovation-trade nexus: Italy in historical perspective (1861-1939)," MERIT Working Papers 2015-055, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    11. Fai, Felicia & von Tunzelmann, Nicholas, 2001. "Industry-specific competencies and converging technological systems: evidence from patents," Structural Change and Economic Dynamics, Elsevier, vol. 12(2), pages 141-170, July.
    12. Stolpe, Michael, 1995. "Technology and the dynamics of specialization in open economies," Open Access Publications from Kiel Institute for the World Economy 738, Kiel Institute for the World Economy (IfW Kiel).
    13. Furman, Jeffrey L. & Porter, Michael E. & Stern, Scott, 2002. "The determinants of national innovative capacity," Research Policy, Elsevier, vol. 31(6), pages 899-933, August.
    14. Parthasarathi Banerjee & B. M. Gupta & K. C. Garg, 2000. "Patent Statistics as Indicators of Competition an Analysis of Patenting in Biotechnology," Scientometrics, Springer;Akadémiai Kiadó, vol. 47(1), pages 95-116, January.
    15. Furman, Jeffrey L. & Hayes, Richard, 2004. "Catching up or standing still?: National innovative productivity among 'follower' countries, 1978-1999," Research Policy, Elsevier, vol. 33(9), pages 1329-1354, November.
    16. Hoenen, Sebastian & Kolympiris, Christos & Schoenmakers, Wilfred & Kalaitzandonakes, Nicholas, 2014. "The diminishing signaling value of patents between early rounds of venture capital financing," Research Policy, Elsevier, vol. 43(6), pages 956-989.
    17. Scott Stern & Michael E. Porter & Jeffrey L. Furman, 2000. "The Determinants of National Innovative Capacity," NBER Working Papers 7876, National Bureau of Economic Research, Inc.
    18. Francesca Lotti & Enrico Santarelli, 2001. "Linking Knowledge to Productivity: A Germany-Italy Comparison Using the CIS Database," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 28(3), pages 293-317, September.
    19. Cruz-Cázares, Claudio & Bayona-Sáez, Cristina & García-Marco, Teresa, 2013. "You can’t manage right what you can’t measure well: Technological innovation efficiency," Research Policy, Elsevier, vol. 42(6), pages 1239-1250.
    20. Ernst, Holger, 2001. "Patent applications and subsequent changes of performance: evidence from time-series cross-section analyses on the firm level," Research Policy, Elsevier, vol. 30(1), pages 143-157, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:scient:v:76:y:2008:i:2:d:10.1007_s11192-007-1631-1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.