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Academic Inventors, Technological Profiles and Patent Value: An Analysis of Academic Patents Owned by Swedish-Based Firms

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  • Daniel Ljungberg
  • Evangelos Bourelos
  • Maureen McKelvey

Abstract

This paper analyses the relationship between academic inventors and firms, focusing on the relation between academic inventors, the technological profiles of firms and patent value. In particular, this paper focuses on the value of academic patents as compared to non-academic patents, owned by large firms based in Sweden. One finding is that academic patents have a short-term disadvantage, which disappears in the long term. Our results also indicate that controlling for whether the patent belongs to a core or non-core technology relative to the firm's technological profile neutralizes the premium of non-academic patents. In other words, patents belonging to firms' core technologies have significantly higher value, regardless of whether they are academic or non-academic patents. The above results indicate that the technological profile of firms is an important characteristic to analyse, when examining the value of academic patents and the specific role that academics play in industrial invention.

Suggested Citation

  • Daniel Ljungberg & Evangelos Bourelos & Maureen McKelvey, 2013. "Academic Inventors, Technological Profiles and Patent Value: An Analysis of Academic Patents Owned by Swedish-Based Firms," Industry and Innovation, Taylor & Francis Journals, vol. 20(5), pages 473-487, July.
    • Handle: RePEc:taf:indinn:v:20:y:2013:i:5:p:473-487
    DOI: 10.1080/13662716.2013.824193
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    References listed on IDEAS

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    1. Francesco Lissoni & Fabio Montobbio, 2015. "The Ownership of Academic Patents and Their Impact. Evidence from Five European Countries," Revue économique, Presses de Sciences-Po, vol. 66(1), pages 143-171.
    2. Colin Webb & Hélène Dernis & Dietmar Harhoff & Karin Hoisl, 2005. "Analysing European and International Patent Citations: A Set of EPO Patent Database Building Blocks," OECD Science, Technology and Industry Working Papers 2005/9, OECD Publishing.
    3. Francesco Lissoni & Bulat Sanditov & Gianluca Tarasconi, 2006. "The Keins Database on Academic Inventors: Methodology and Contents," KITeS Working Papers 181, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Sep 2006.
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    Cited by:

    1. Anders Broström & Maureen McKelvey, 2015. "Universities and public research institutes as collaboration partners for firms," Chapters, in: Charlie Karlsson & Urban Gråsjö & Sofia Wixe (ed.), Innovation and Entrepreneurship in the Global Economy, chapter 2, pages 44-64, Edward Elgar Publishing.
    2. Olof Ejermo & John Källström, 2016. "What is the causal effect of R&D on patenting activity in a “professor’s privilege” country? Evidence from Sweden," Small Business Economics, Springer, vol. 47(3), pages 677-694, October.
    3. Charlotta Dahlborg & Danielle Lewensohn & Rickard Danell & Carl Johan Sundberg, 2017. "To invent and let others innovate: a framework of academic patent transfer modes," The Journal of Technology Transfer, Springer, vol. 42(3), pages 538-563, June.
    4. Giovanni Cerulli & Giovanni Marin & Eleonora Pierucci & Bianca Potì, 2022. "Do company-owned academic patents influence firm performance? Evidence from the Italian industry," The Journal of Technology Transfer, Springer, vol. 47(1), pages 242-269, February.
    5. Hanne Peeters & Julie Callaert & Bart Looy, 2020. "Do firms profit from involving academics when developing technology?," The Journal of Technology Transfer, Springer, vol. 45(2), pages 494-521, April.
    6. Jungpyo Lee & So Young Sohn, 2017. "What makes the first forward citation of a patent occur earlier?," Scientometrics, Springer;Akadémiai Kiadó, vol. 113(1), pages 279-298, October.

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