In Search of Performance Effects of (In)Direct Industry Science Links

Posted: 4 Aug 2008

See all articles by Bruno Cassiman

Bruno Cassiman

IESE Business School; KU Leuven - Faculty of Business and Economics (FEB)

Reinhilde Veugelers

Catholic University of Leuven (KUL) - Department of Applied Economics; Centre for Economic Policy Research (CEPR)

Pluvia Zuniga

Organization for Economic Co-operation and Development (OECD)

Date Written: August 2008

Abstract

Using patent data from the European Patent Office combined with firm-level data, we evaluate the contribution of science linkages to the innovation performance of a firm at the patent level. We examine the effect of (i) firm-level linkages to science (firms active in publication and co-publication), and (ii) invention-specific linkages (patents with citations to scientific publications) on patent quality measures. Our results suggest that citations to scientific publications are not significant in explaining forward citations but are positively related to the scope of forward citations. Our main finding is that the linkage to science at the firm level matters more for forward citations than the linkage at the invention/patent level. In particular, nonscience-related patents of firms with firm level scientific linkages are more frequently, more broadly, and more quickly cited than comparable patents of firms without these science linkages.

Suggested Citation

Cassiman, Bruno and Veugelers, Reinhilde and Zuniga, Pluvia, In Search of Performance Effects of (In)Direct Industry Science Links (August 2008). Industrial and Corporate Change, Vol. 17, Issue 4, pp. 611-646, 2008. Available at SSRN: https://ssrn.com/abstract=1194046 or http://dx.doi.org/dtn023

Bruno Cassiman (Contact Author)

IESE Business School ( email )

Avenida Pearson 21
Barcelona, 08034
Spain
+34 93 602 4426 (Phone)
+34 93 253 4343 (Fax)

KU Leuven - Faculty of Business and Economics (FEB) ( email )

Naamsestraat 69
Leuven, B-3000
Belgium

Reinhilde Veugelers

Catholic University of Leuven (KUL) - Department of Applied Economics ( email )

Leuven, B-3000
Belgium
+32 16 32 6908 (Phone)
+32 16 32 6732 (Fax)

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Pluvia Zuniga

Organization for Economic Co-operation and Development (OECD) ( email )

2 rue André Pascal
Paris Cedex 16, 75775
France

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