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Trademarks, patents and the appropriation strategies of incumbents: the scope of new firm formation in European regions

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  • René A. Belderbos
  • Michał Kazimierczak
  • Micheline Goedhuys

Abstract

Analysis of the relationship between knowledge spillovers and new firm formation in 980 NUTS-3 regions at the industry level shows that regional knowledge stocks represented by patents positively influence new firm formation, but that knowledge protection and appropriation strategies of incumbents discourage it. Knowledge stocks represented by trademarks translate into higher entry rates in the absence of a pronounced appropriation strategy of incumbents or when entrants do not directly compete with the trademarking incumbents. Our findings highlight the two-sided effects of trademarks: as an indicator of product novelties as well as a potential expression of strengthened incumbent appropriation strategies.

Suggested Citation

  • René A. Belderbos & Michał Kazimierczak & Micheline Goedhuys, 2022. "Trademarks, patents and the appropriation strategies of incumbents: the scope of new firm formation in European regions," Regional Studies, Taylor & Francis Journals, vol. 56(2), pages 210-226, February.
    • Handle: RePEc:taf:regstd:v:56:y:2022:i:2:p:210-226
    DOI: 10.1080/00343404.2021.1947486
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    Cited by:

    1. René Belderbos & Florence Benoit & Ben Derudder, 2022. "World City Innovation and Service Networks and Economic Growth," Papers in Regional Science, Wiley Blackwell, vol. 101(4), pages 979-999, August.
    2. Carolina Castaldi, 2024. "The geography of urban innovation beyond patents only: New evidence on large and secondary cities in the United States," Urban Studies, Urban Studies Journal Limited, vol. 61(7), pages 1248-1272, May.
    3. Parteka, Aleksandra & Kordalska, Aleksandra, 2023. "Artificial intelligence and productivity: global evidence from AI patent and bibliometric data," Technovation, Elsevier, vol. 125(C).

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