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A Policy Insight into the R&D-Patent Relationship

Listed author(s):
  • Gaétan de Rassenfosse
  • Bruno Van Pottelsberghe

This paper investigates whether patent counts can be taken as indicators of macroeconomic innovation performance. The empirical model explicitly accounts for the two components of patenting output: research productivity and patent propensity. The empirical analysis aims at explaining the `correct' number of priority filings in 34 countries. It confirms that the two components play a substantial role as witnessed by the impact of the design of several policies, namely education, intellectual property and science and technology policies. A major policy implication relates to the design of patent systems, which ultimately induces, or allows for, aggressive patenting strategies.

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Paper provided by ULB -- Universite Libre de Bruxelles in its series Working Papers ECARES with number 2008_007.

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Length: 36 p.
Date of creation: 2008
Publication status: Published by:
Handle: RePEc:eca:wpaper:2008_007
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