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The ownership of academic patents and their impact. Evidence from five European countries

Author

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  • Francesco Lissoni

    (GREThA - Groupe de Recherche en Economie Théorique et Appliquée - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique)

  • Fabio Montobbio

    (KiTES - Knowledge, Internationalization and Technology studies - Università Bocconi)

Abstract

This paper compares the value and impact of academic patents in five European countries with different institutional frameworks: Denmark, France, Italy, the Netherlands, and Sweden. Ownership patterns of academic patents are found to: (i) differ greatly across country, due to a combination of legal norms on IP and institutional features of the university system; (ii) be strongly associated to academic patents\' value, as measured by patent citations. Company-owned academic patents tend to be as cited as non-academic ones, while university-owned tend to be less cited. Academic patents in the Netherlands are more cited than non-academic ones, irrespective to their ownership, while university-owned patents get fewer citations in both France and Italy. We propose an explanation of these results based on the different autonomy and experience in dealing with IP and technology transfer enjoyed by universities in the countries considered. We also find that company-owned academic patents in Sweden get many fewer citations than non-academic. Individually-owned academic patents are more cited than non-academic patents similarly owned by their inventors.
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  • Francesco Lissoni & Fabio Montobbio, 2012. "The ownership of academic patents and their impact. Evidence from five European countries," Post-Print hal-00779742, HAL.
  • Handle: RePEc:hal:journl:hal-00779742
    Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00779742
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    1. Giuliani, Elisa & Martinelli, Arianna & Rabellotti, Roberta, 2016. "Is Co-Invention Expediting Technological Catch Up? A Study of Collaboration between Emerging Country Firms and EU Inventors," World Development, Elsevier, vol. 77(C), pages 192-205.
    2. Ferrucci, Edoardo & Lissoni, Francesco, 2019. "Foreign inventors in Europe and the United States: Diversity and Patent Quality," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    3. Naseem, Anwar & Singla, Rohit, 2013. "Do Patent Citations Predict Market Value? The Case of Agricultural Biotechnology Patents," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150958, Agricultural and Applied Economics Association.
    4. Lisa de Propris & Carlo Corradini, 2013. "Technology Platforms in Europe: An Empirical Investigation. WWWforEurope Working Paper No. 34," WIFO Studies, WIFO, number 46920, September.
    5. Patrick S. W. Fong & Xuhua Chang & Qiang Chen, 2018. "Faculty patent assignment in the Chinese mainland: evidence from the top 35 patent application universities," The Journal of Technology Transfer, Springer, vol. 43(1), pages 69-95, February.
    6. Halilem, Norrin & Amara, Nabil & Olmos-Peñuela, Julia & Mohiuddin, Muhammad, 2017. "“To Own, or not to Own?” A multilevel analysis of intellectual property right policies' on academic entrepreneurship," Research Policy, Elsevier, vol. 46(8), pages 1479-1489.
    7. Leila Tahmooresnejad & Catherine Beaudry, 2018. "Do patents of academic funded researchers enjoy a longer life? A study of patent renewal decisions," PLOS ONE, Public Library of Science, vol. 13(8), pages 1-22, August.
    8. 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.
    9. Francesco Lissoni & Michele Pezzoni & Bianca Poti` & Sandra Romagnosi, 2013. "University Autonomy, the Professor Privilege and Academic Patenting: Italy, 1996--2007," Industry and Innovation, Taylor & Francis Journals, vol. 20(5), pages 399-421, July.
    10. Corradini, Carlo & De Propris, Lisa, 2017. "Beyond local search: Bridging platforms and inter-sectoral technological integration," Research Policy, Elsevier, vol. 46(1), pages 196-206.
    11. Francesco Lissoni, 2013. "Academic Patenting in Europe: A Reassessment of Evidence and Research Practices," Industry and Innovation, Taylor & Francis Journals, vol. 20(5), pages 379-384, July.
    12. Rossi, Federica & Fassio,Claudio & Geuna, Aldo, 2014. "The Role of Institutional Characteristics in Knowledge Transfer: A Comparative Analysis of Two Italian Universities," 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 201410, University of Turin.
    13. Catalina Martinez & Lydia Bares, 2018. "The link between technology transfer and international extension of university patents: Evidence from Spain," Science and Public Policy, Oxford University Press, vol. 45(6), pages 827-842.
    14. Caviggioli, Federico & De Marco, Antonio & Montobbio, Fabio & Ughetto, Elisa, 2020. "The licensing and selling of inventions by US universities," Technological Forecasting and Social Change, Elsevier, vol. 159(C).
    15. 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.

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    More about this item

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • 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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