Biotechnology Inventions: What Can We Learn From Patents
AbstractThis paper explores several characteristics of patents in the biotechnology field, comparing and contrasting them to patents in other fields of research. We find that biotechnology patents face a longer lag between application and grant date, and their secrecy would be heavily affected if legislation were to permit publication 18 months after application. They are highly concentrated geographically, as well as in industrial origin, and are used most heavily in the health sector, but have a wider spread in use than in origin. They use many more (and much more recent) references than the average patent, with a special weight on academic or scientific literature, foreign patents, and a tight circle of research fields. While they are not cited frequently on average, their use as germplasm is rising. Future research should focus on the questions that have been uncovered.
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Bibliographic InfoPaper provided by Wellesley College - Department of Economics in its series Papers with number 99-8.
Length: 26 pages
Date of creation: 1999
Date of revision:
RESEARCH AND DEVELOPMENT ; INNOVATIONS ; PROPERTY RIGHTS;
Find related papers by JEL classification:
- Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
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- Daniel Johnson & Kristina Lybecker, 2012. "Does Distance Matter Less Now? The Changing Role of Geography in Biotechnology Innovation," Review of Industrial Organization, Springer, vol. 40(1), pages 21-35, February.
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