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Trends and volatility in Japanese patenting in the USA: An analysis of the electronics and transport industries

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  • Dora Marinova

    (Murdoch University)

  • Michael McAleer

    (University of Western Australia)

Abstract

This paper analyses trends and volatility in patenting in USA by Japan in the electronics/electrical and motor vehicle/transport epuiqment industries. The number of patents has increased steadily, with the two industries accounting in 1997 for one-half of Japanese patents in USA. The electronics/electrical industry has been a much stronger performer, with a share of 30% of US patents, compared with 20% for motor vehicle/transport epuiqment. Using monthly data for 1975-1997, the time-varying nature of the volatility of patents registered in the USA is examined. The asymmetric AR(1)-GJR(1,1) model is found to be suitable for motor vehicle/transport epuiqment, whereas the AR(1)-GARCH(1,1) and AR(1)-GJR(1,1) models provide interesting results for electronics/electrical.

Suggested Citation

  • Dora Marinova & Michael McAleer, 2002. "Trends and volatility in Japanese patenting in the USA: An analysis of the electronics and transport industries," Scientometrics, Springer;Akadémiai Kiadó, vol. 55(2), pages 171-187, August.
    • Handle: RePEc:spr:scient:v:55:y:2002:i:2:d:10.1023_a:1019611623033
    DOI: 10.1023/A:1019611623033
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    References listed on IDEAS

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    1. Chan, Felix & Marinova, Dora & McAleer, Michael, 2004. "Modelling the asymmetric volatility of electronics patents in the USA," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 64(1), pages 169-184.

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