An empirical analysis of patents flows and R&D flows around the world
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Kumazawa, R; Gomis Porqueras, Pedro
Description
In this article, we empirically investigate the effect of Research and Development (R&D) flows on patent flows around the world. We do this using an unbalanced panel consisting primarily of Organization for Economic Co-operation and Development (OECD) countries that have both patent and R&D expenditure information broken down by domestic and foreign sources. Our analysis shows that even among a fairly homogeneous group of countries, the sources of patents and R&D differ substantially. Using a...[Show more]
dc.contributor.author | Kumazawa, R | |
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dc.contributor.author | Gomis Porqueras, Pedro | |
dc.date.accessioned | 2015-12-10T23:09:00Z | |
dc.identifier.issn | 0003-6846 | |
dc.identifier.uri | http://hdl.handle.net/1885/63307 | |
dc.description.abstract | In this article, we empirically investigate the effect of Research and Development (R&D) flows on patent flows around the world. We do this using an unbalanced panel consisting primarily of Organization for Economic Co-operation and Development (OECD) countries that have both patent and R&D expenditure information broken down by domestic and foreign sources. Our analysis shows that even among a fairly homogeneous group of countries, the sources of patents and R&D differ substantially. Using a dynamic panel framework, we find that domestic R&D per capita increases domestic patents per capita only for the European Patent Convention (EPC) countries that already have a decentralized approach to innovation. Foreign R&D per capita increases foreign patents per capita in all countries even though foreign R&D constitutes a very small fraction of total R&D. We find that some of these differences can be attributed to the locations of the patent applications, including those to the European Patent Office (EPO), United States Patent and Trademark Office (USPTO) and triadic patent applications to the EPO, USPTO and Japan Patent Office (JPO) simultaneously. | |
dc.publisher | Routledge, Taylor & Francis Group | |
dc.source | Applied Economics | |
dc.subject | Keywords: capital flow; decentralization; empirical analysis; expenditure; innovation; OECD; research and development | |
dc.title | An empirical analysis of patents flows and R&D flows around the world | |
dc.type | Journal article | |
local.description.notes | Imported from ARIES | |
local.identifier.citationvolume | 44 | |
dc.date.issued | 2012 | |
local.identifier.absfor | 140202 - Economic Development and Growth | |
local.identifier.ariespublication | f5625xPUB791 | |
local.type.status | Published Version | |
local.contributor.affiliation | Kumazawa, R, Duquesne University | |
local.contributor.affiliation | Gomis Porqueras, Pedro, College of Business and Economics, ANU | |
local.description.embargo | 2037-12-31 | |
local.bibliographicCitation.issue | 36 | |
local.bibliographicCitation.startpage | 4755 | |
local.bibliographicCitation.lastpage | 4763 | |
local.identifier.doi | 10.1080/00036846.2010.528375 | |
dc.date.updated | 2016-02-24T09:38:02Z | |
local.identifier.scopusID | 2-s2.0-80052473292 | |
local.identifier.thomsonID | 000305809000013 | |
Collections | ANU Research Publications |
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