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A policy insight into the R&D-patent relationship |
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| Authors: | Gaetan de Rassenfosse Bruno van Pottelsberghe de la Potterie |
| Institution: | a FNRS Research Fellow b Université Libre de Bruxelles (U.L.B.), Solvay Brussels School of Economics and Management (SBS-EM), ECARES, CEB and DULBEA c Solvay SA Chair of Innovation d Bruegel, Brussels, Belgium e CEPR, London, United Kingdom |
| Abstract: | Contrary to an accepted wisdom, this paper shows that cross-country variations in the number of patents per researcher do not only reflect differences in the propensity to patent but also signals differences in research productivity. We put forward and test an empirical model that formally accounts for the productivity and the propensity component of the R&D-patent relationship. The two components play an important role, as witnessed by the impact of several policies, including education, intellectual property and science and technology policies. Indicators based on domestic priority filings reflect research efforts and are primarily affected by varying propensities to patent. In contrast, international filings, especially triadic patents, rather capture variations in research productivity. |
| Keywords: | O30 O38 |
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