Determinants of Patent Citations in Biotechnology: An Analysis of Patent Influence Across the Industrial and Organizational Boundaries.

SWPS 2014-05

Technological Forecasting and Social Change, (2014), Forthcoming

32 Pages Posted: 7 Mar 2016

See all articles by Antonio Messeni Petruzzelli

Antonio Messeni Petruzzelli

Politecnico di Bari

Daniele Rotolo

SPRU (Science Policy Research Unit), University of Sussex

Vito Albino

Politecnico di Bari

Date Written: April 1, 2014

Abstract

The present paper extends the literature investigating key drivers leading certain patents to exert a stronger influence on the subsequent technological developments (inventions) than other ones. We investigated six key determinants, as (i) the use of scientific knowledge, (ii) the breadth of the technological base, (iii) the existence of collaboration in patent development, (iv) the number of claims, (v) the scope, and (vi) the novelty, and how the effect of these determinants varies when patent influence as measured by the number of forward citations the patent received is distinguished as within and across the industrial and organizational boundaries. We conducted an empirical analysis on a sample of 5,671 patents granted to 293 US biotechnology firms from 1976 to 2003. Results reveal that the contribution of the determinants to patent influence differs across the domains that are identified by the industrial and organizational boundaries. Findings, for example, show that the use of scientific knowledge negatively affects patent influence outside the biotechnology industry, while it positively contributes to make a patent more relevant for the assignee’s subsequent technological developments. In addition, the broader the scope of a patent the higher the number of citations the patent receives from subsequent non-biotechnology patents. This relationship is inverted U-shaped when considering the influence of a patent on inventions granted to other organizations than the patent’s assignee. Finally, the novelty of a patent is inverted-U related with the influence the patent exerts on the subsequent inventions granted across the industrial and organizational boundaries.

Suggested Citation

Messeni Petruzzelli, Antonio and Rotolo, Daniele and Albino, Vito, Determinants of Patent Citations in Biotechnology: An Analysis of Patent Influence Across the Industrial and Organizational Boundaries. (April 1, 2014). SWPS 2014-05, Technological Forecasting and Social Change, (2014), Forthcoming, Available at SSRN: https://ssrn.com/abstract=2742112

Antonio Messeni Petruzzelli (Contact Author)

Politecnico di Bari ( email )

Via Edoardo Orabona
Bari, 70123
Italy

Daniele Rotolo

SPRU (Science Policy Research Unit), University of Sussex ( email )

Jubilee Building - Room 383
Brighton, Sussex BN19SL
United Kingdom

HOME PAGE: http://www.danielerotolo.com

Vito Albino

Politecnico di Bari ( email )

Via Edoardo Orabona
Bari, 70123
Italy

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