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Biotechnology Inventions: What Can We Learn From Patents

Author

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  • Johnson, D.K.N.

Abstract

This paper explores several characteristics of patents in the biotechnology field, comparing and contrasting them to patents in other fields of research. We find that biotechnology patents face a longer lag between application and grant date, and their secrecy would be heavily affected if legislation were to permit publication 18 months after application. They are highly concentrated geographically, as well as in industrial origin, and are used most heavily in the health sector, but have a wider spread in use than in origin. They use many more (and much more recent) references than the average patent, with a special weight on academic or scientific literature, foreign patents, and a tight circle of research fields. While they are not cited frequently on average, their use as germplasm is rising. Future research should focus on the questions that have been uncovered.

Suggested Citation

  • Johnson, D.K.N., 1999. "Biotechnology Inventions: What Can We Learn From Patents," Papers 99-8, Wellesley College - Department of Economics.
    • Handle: RePEc:fth:wecoec:99-8
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    Cited by:

    1. Daniel Johnson & Kristina Lybecker, 2012. "Does Distance Matter Less Now? The Changing Role of Geography in Biotechnology Innovation," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 40(1), pages 21-35, February.

    More about this item

    Keywords

    RESEARCH AND DEVELOPMENT ; INNOVATIONS ; PROPERTY RIGHTS;
    All these keywords.

    JEL classification:

    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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