Patenting activity and innovativeness in US and Japan: an econometric analysis
This paper analyzes intellectual property regimes in the United States and Japan by means of patents granted from 1940 to 2005 and 1965 to 2005, respectively. Making use of the database released by the World Intellectual Property Organization (WIPO), we search for presence of a one-time change in the level or in the slope of the trend function of patent granted series. It is argued that patenting activity in the United States was affected as a result of the new regulations affecting its intellectual property regime in the 1980s. In the case of Japan, it has been argued that impact of recent pro-patent polices on firms’ innovative capabilities is not so clear. However, the results achieved in this research corroborate this principle.
Volume (Year): III (2008)
Issue (Month): 1 ()
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