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The vulnerability of patent value determinants

Author Info

Listed author(s):
  • Nicolas van Zeebroeck
  • Bruno van Pottelsberghe de la Potterie

Abstract

This paper presents a critical survey of the literature on the determinants of patent value. The contributions to the literature are essentially two-fold. First, significant inconsistencies across existing studies are underlined. Second, a sensitivity analysis shows strong dependencies of several 'classical' results on two main empirical dimensions, namely the choice of the dependent variables (indicator of patent value) and the sampling methodology. The new indicators of filing strategies put forward by van Zeebroeck and van Pottelsberghe de la Potterie (this journal) turn out to be the most robust and stable determinants.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/10438591003668638
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Article provided by Taylor & Francis Journals in its journal Economics of Innovation and New Technology.

Volume (Year): 20 (2011)
Issue (Month): 3 ()
Pages: 283-308

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Handle: RePEc:taf:ecinnt:v:20:y:2011:i:3:p:283-308
DOI: 10.1080/10438591003668638
Contact details of provider: Web page: http://www.tandfonline.com/GEIN20

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Keywords: patent systems; patent quality; patent value; filing strategies;

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Cited by:

  1. Malwina Mejer, 2012. "The impact of knowledge diversity on inventive performance at European universities," iCite Working Papers 2013-004, ULB -- Universite Libre de Bruxelles.
  2. Antonelli, Cristiano & Colombelli, Alessandra, 2017. "The Locus of Knowledge Externalities and the Cost of Knowledge," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201728, University of Turin.
  3. Antonelli, Cristiano & Colombelli, Alessandra, 2014. "The Cost of Knowledge," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201411, University of Turin.
  4. Caviggioli, Federico & Scellato, Giuseppe & Ughetto, Elisa, 2013. "International patent disputes: Evidence from oppositions at the European Patent Office," Research Policy, Elsevier, vol. 42(9), pages 1634-1646.
  5. Andrew Eckert & Corinne Langinier, 2014. "A Survey Of The Economics Of Patent Systems And Procedures," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 996-1015, December.
  6. Antoine Dechezleprêtre & Yann Ménière & Myra Mohnen, 2017. "International patent families: from application strategies to statistical indicators," Scientometrics, Springer;Akadémiai Kiadó, vol. 111(2), pages 793-828, May.
  7. Antonelli, Cristiano & Colombelli, Alessandra, 2015. "The knowledge cost function," International Journal of Production Economics, Elsevier, vol. 168(C), pages 290-302.
  8. Per Botolf Maurseth & Roger Svensson, 2014. "Micro evidence on international patenting," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 23(4), pages 398-422, June.
  9. Alessandra Colombelli, 2016. "The impact of local knowledge bases on the creation of innovative start-ups in Italy," Small Business Economics, Springer, vol. 47(2), pages 383-396, August.
  10. Claudio Cozza & Francesco Schettino, 2015. "Explaining the Patenting Propensity: A Regional Analysis Using EPO-OECD Data," AIEL Series in Labour Economics,in: Chiara Mussida & Francesco Pastore (ed.), Geographical Labor Market Imbalances. Recent Explanations and Cures, edition 1, chapter 10, pages 219-236 AIEL - Associazione Italiana Economisti del Lavoro.
  11. Nicolas van Zeebroeck, 2011. "Long Live Patents: the Increasing Life Expectancy of Patent Applications and its Determinants," Review of Economics and Institutions, Università di Perugia, vol. 2(3).
  12. Antonelli, Cristiano & Gehringer, Agnieszka, 2017. "Technological change, rent and income inequalities: A Schumpeterian approach," Technological Forecasting and Social Change, Elsevier, vol. 115(C), pages 85-98.
  13. Yutaka Niidome, 2017. "The relation of patent description and examination with validity: an empirical study," Scientometrics, Springer;Akadémiai Kiadó, vol. 111(1), pages 159-183, April.
  14. repec:spr:scient:v:90:y:2012:i:2:d:10.1007_s11192-011-0532-5 is not listed on IDEAS
  15. Svensson, Roger, 2015. "Measuring Innovation Using Patent Data," Working Paper Series 1067, Research Institute of Industrial Economics.
  16. Caviggioli, Federico & Ughetto, Elisa, 2016. "Buyers in the patent auction market: Opening the black box of patent acquisitions by non-practicing entities," Technological Forecasting and Social Change, Elsevier, vol. 104(C), pages 122-132.
  17. Caviggioli, Federico, 2016. "Technology fusion: Identification and analysis of the drivers of technology convergence using patent data," Technovation, Elsevier, vol. 55, pages 22-32.

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