Biotechnology Inventions: What Can We Learn from Patents?

Posted: 3 Aug 2001

See all articles by Daniel K. N. Johnson

Daniel K. N. Johnson

Colorado College - Department of Economics and Business

Vittorio Santaniello

University of Rome Tor Vergata - Faculty of Economics

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Abstract

This paper explores several characteristics of patents in the biotechnology field, comparing and contrasting them to patents in other fields of research. We find that biotechnology patents face a longer lag between application and grant date, and their secrecy would be heavily affected if legislation were to permit publication 18 months after application. They are highly concentrated geographically, as well as in industrial origin, and are used most heavily in the health sector, but have a wider spread in use than in origin. They use many more (and much more recent) references than the average patent, with a special weight on academic or scientific literature, foreign patents, and a tight circle of research fields. While they are not cited frequently on average, their use as germplasm is rising. Future research should focus on the questions that have been uncovered.

JEL Classification: Q16, O31, O34

Suggested Citation

Johnson, Daniel Kent Neil and Santaniello, Vittorio, Biotechnology Inventions: What Can We Learn from Patents?. AGRICULTURE AND INTELLECTUAL PROPERTY RIGHTS: ECONOMICS, INSTITUTIONAL AND IMPLEMENTATION ISSUES IN BIOTECHNOLOGY, V. Santaniello, R.E. Evenson, D. Zilberman and G.A. Carlson, eds., CABI Publishing, 2000. Available at SSRN: https://ssrn.com/abstract=278108

Daniel Kent Neil Johnson (Contact Author)

Colorado College - Department of Economics and Business ( email )

14 E Cache La Poudre Street
Colorado Springs, CO 80903
United States
719-389-6654 (Phone)
719-389-6927 (Fax)

HOME PAGE: http://faculty1.coloradocollege.edu/~djohnson

Vittorio Santaniello

University of Rome Tor Vergata - Faculty of Economics ( email )

Via Columbia n.2
Rome, rome 00100
Italy

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