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Patenting as a Public Sector Innovative Response to the Great Recession

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  • Albert N. Link

    (University of North Carolina at Greensboro)

Abstract

The literature on innovative responses to periods of economic change has focused on private sector firm behavior. This paper expands the literature by focusing on aspects of the public sector’s response to the Great Recession. The data used relate to patent applications by U.S. federal laboratories. Contrary to previous findings about the private sector’s waning innovation response to the Great Recession, the findings presented show that the U.S. public sector’s post-Great Recession response was positive. Arguments to explain this finding are also presented.

Suggested Citation

  • Albert N. Link, 2024. "Patenting as a Public Sector Innovative Response to the Great Recession," The Journal of Technology Transfer, Springer, vol. 49(3), pages 868-875, June.
    • Handle: RePEc:kap:jtecht:v:49:y:2024:i:3:d:10.1007_s10961-024-10074-w
    DOI: 10.1007/s10961-024-10074-w
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    References listed on IDEAS

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    1. Tania Babina & Asaf Bernstein & Filippo Mezzanotti & Holger Mueller, 2023. "Financial Disruptions and the Organization of Innovation: Evidence from the Great Depression," The Review of Financial Studies, Society for Financial Studies, vol. 36(11), pages 4271-4317.
    2. David B Audretsch & Maksim Belitski, 2022. "The knowledge spillover of innovation [Resource and output trends in the United States since 1870]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 31(6), pages 1329-1357.
    3. ., 2024. "Why public sector technology transfer?," Chapters, in: Public Sector Technology Transfer, chapter 1, pages 1-16, Edward Elgar Publishing.
    4. Christina Guenther & Maksim Belitski & Nada Rejeb, 2023. "Overcoming the ability-willingness paradox in small family firms’ collaborations," Small Business Economics, Springer, vol. 60(4), pages 1409-1429, April.
    5. Albert N. Link, 2024. "Public Sector Technology Transfer," Books, Edward Elgar Publishing, number 22247.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Patenting; R&D; Federal laboratories; Great recession; Policy evaluation; Technology transfer;
    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
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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