A Policy Insight into the R&D-Patent Relationship

38 Pages Posted: 10 Jun 2008

See all articles by Gaétan de Rassenfosse

Gaétan de Rassenfosse

Ecole Polytechnique Fédérale de Lausanne

Bruno van Pottelsberghe de la Potterie

Free University of Brussels - Solvay Business School; Université Libre de Bruxelles (ULB) - Department of Applied Economics (DULBEA); Centre for Economic Policy Research (CEPR)

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Date Written: February 2008

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.

Keywords: education policy, patent policy, propensity to patent, R&D productivity, S&T policy

JEL Classification: O30, O38

Suggested Citation

de Rassenfosse, Gaétan and van Pottelsberghe de la Potterie, Bruno, A Policy Insight into the R&D-Patent Relationship (February 2008). CEPR Discussion Paper No. DP6716, Available at SSRN: https://ssrn.com/abstract=1141622

Gaétan De Rassenfosse (Contact Author)

Ecole Polytechnique Fédérale de Lausanne ( email )

Station 5
Odyssea 1.04
1015 Lausanne, CH-1015
Switzerland

Bruno Van Pottelsberghe de la Potterie

Free University of Brussels - Solvay Business School

50 Avenue Roosevelt
Brussels 1050
Belgium

Université Libre de Bruxelles (ULB) - Department of Applied Economics (DULBEA) ( email )

Ave. Franklin D Roosevelt 50
Brussels, B-1050
Belgium

Centre for Economic Policy Research (CEPR)

London
United Kingdom

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