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The institutional sources of knowledge and the value of academic patents

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  • Bruno Van Pottelsberghe
  • Eleftherios Sapsalis

Abstract

This paper puts forward new potential determinants of patent value which are 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 aims to explain the number of forward citations received by 208 patent families applied for by six Belgian universities. The new indicators provide a more in-depth understanding of 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.

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Bibliographic Info

Paper provided by ULB -- Universite Libre de Bruxelles in its series ULB Institutional Repository with number 2013/6195.

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Date of creation: 2007
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Publication status: Published in: Economics of Innovation and New Technology (2007)
Handle: RePEc:ulb:ulbeco:2013/6195

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References

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  1. Bruno Van Pottelsberghe & Sabrina Saragossi, 2003. "What patent data reveals about universities: the case of Belgium," ULB Institutional Repository 2013/6211, ULB -- Universite Libre de Bruxelles.
  2. Dietmar Harhoff & Francis Narin & Frederic M. Scherer & Katrin Vopel, 1997. "Citation Frequency and the Value of Patented Innovation," CIG Working Papers FS IV 97-26, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
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  7. Bruno Van Pottelsberghe & Dominique Guellec, 2002. "The value of patents and patenting strategies: countries and technology areas patterns," ULB Institutional Repository 2013/6217, ULB -- Universite Libre de Bruxelles.
  8. Zvi Griliches, 1989. "Patents: Recent Trends and Puzzles," NBER Working Papers 2922, National Bureau of Economic Research, Inc.
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  18. repec:fth:harver:1473 is not listed on IDEAS
  19. David C. Mowery & Arvids A. Ziedonis, 2001. "The Geographic Reach of Market and Non-Market Channels of Technology Transfer: Comparing Citations and Licenses of University Patents," NBER Working Papers 8568, National Bureau of Economic Research, Inc.
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