The institutional sources of knowledge and the value of academic patents
Abstract
This paper puts forward new potential determinants of patent value which are mainly related to the identification of institutional sources of knowledge and the geographic scope of patenting strategy. The impact of these new indicators is evaluated through an empirical analysis that focuses on the number of forward citations received by 208 patent families applied for by six Belgian Universities. The new indicators provide a more in-depth view on the way non-patent citations, backward patent citations, co-assignees and the geographical scope for protection determine patent value. The policy implications induced by these results are the positive impact of collaboration between public research organisations and the need to focus on academic researchers with a high scientific profile in terms of publications in order to crystallize their tacit knowledge into high value academic patents.Download Info
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Paper provided by ULB -- Universite Libre de Bruxelles in its series Working Papers CEB with number 04-003.RS.Length: 27 p.
Date of creation: 2005
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Publication status: Published by:
Handle: RePEc:sol:wpaper:04-003
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Keywords: Patent value; patent indicators; knowledge sources.;Other versions of this item:
- Eleftherios Sapsalis & Bruno van Pottelsberghe de la Potterie, 2007. "The Institutional Sources Of Knowledge And The Value Of Academic Patents," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 16(2), pages 139-157.
- Bruno Van Pottelsberghe & Eleftherios Sapsalis, 2007. "The institutional sources of knowledge and the value of academic patents," ULB Institutional Repository 2013/6195, ULB -- Universite Libre de Bruxelles.
- L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property Rights
References
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