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A Policy Insight into the R&D-Patent Relationship

Author

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  • Gaétan de Rassenfosse
  • Bruno Van Pottelsberghe

Abstract

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.

Suggested Citation

  • Gaétan de Rassenfosse & Bruno Van Pottelsberghe, 2008. "A Policy Insight into the R&D-Patent Relationship," Working Papers CEB 08-008.RS, ULB -- Universite Libre de Bruxelles.
    • Handle: RePEc:sol:wpaper:08-008
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    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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