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Innovative intensity in the mining industry: Evidence from patent families

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  • Fernandez, Viviana

Abstract

A key channel for innovation in the mining industry is the acquisition of technologies integrated into the equipment, services and inputs of suppliers. This article looks at several aspects of the innovation process in the mining industry on the basis of over 200,000 patented inventions filed by businesses, individuals, research centers, and educational institutions during 1970–2015. The main theme of study is the influence of mineral prices, mineral rents, and overall innovative performance on sectorial and technological innovation, timing and intensity of inventions in mining technologies. The evidence shows that long-term mineral prices and overall innovative performance are key drivers. Exposure to mineral rents may sometimes delay the adjustment of certain mining technologies to new market conditions, suggesting that countries specialized in mining may innovate more slowly. Furthermore, the evidence shows that the average inventive productivity of patent applicants is positively associated with the quality of inventions, the length of time applicants have patented (i.e., experience), and long-term mineral prices.

Suggested Citation

  • Fernandez, Viviana, 2022. "Innovative intensity in the mining industry: Evidence from patent families," Resources Policy, Elsevier, vol. 78(C).
    • Handle: RePEc:eee:jrpoli:v:78:y:2022:i:c:s0301420722002537
    DOI: 10.1016/j.resourpol.2022.102805
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    Cited by:

    1. M. E. Lebedeva, 2023. "A Study of the Development of Innovative Activities in Oil and Gas Regions Using a Cross-Methodological Approach," Studies on Russian Economic Development, Springer, vol. 34(2), pages 231-242, April.
    2. Song, Yi & Zhang, Zhouyi & Zhang, Yijun & Cheng, Jinhua, 2022. "Technological innovation and supply of critical metals: A perspective of industrial chains," Resources Policy, Elsevier, vol. 79(C).

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    More about this item

    Keywords

    Patent families; Foreign-oriented families; Patenting spells; Panel-regression models;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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