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Does the Patent Cooperation Treaty work? A global analysis of patent applications by non-residents

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Abstract

We study drivers of international patent applications by non-residents and assess the importance of the PCT membership in their motivations. We construct bilateral measures of foreign patent applications for all countries active as both a source of patents and a destination of applications filed between 1970 and 2009. The data used originates from the EPO Patstat database. Applying a gravity model to explain the determinants of seeking patent protection in foreign markets, we find that there is a negative relationship between PCT membership and a country's attractiveness for foreign applicants. It is mainly the size of the market and a country's inventive capacity that attract foreign applicants to seek for patent protection in foreign countries.

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  • Daniel Nepelski & Giuditta De Prato, 2012. "Does the Patent Cooperation Treaty work? A global analysis of patent applications by non-residents," JRC Working Papers JRC79541, Joint Research Centre (Seville site), revised Nov 2012.
  • Handle: RePEc:ipt:iptwpa:jrc79541
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    Cited by:

    1. Phillipson, Martin & Smyth, Stuart J., 2016. "The Legal and International Trade Implications of Regulatory Lags in GM Crop Approvals," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 17(2).

    More about this item

    Keywords

    patent harmonization; PCT; IPR; patenting strategies; international patenting; technology transfer;

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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