Patent indicators for macroeconomic growth - The value of patents estimated by export volume

Technovation

Volumn 34, Issue 9, 2014, Pages 546-558

  Frietsch, Rainer ^a   Neuhäusler, Peter ^a,b   Jung, Taehyun ^c   Van Looy, Bart ^d,e,f  

^a FRAUNHOFER INSTITUTE FOR SYSTEMS AND INNOVATION RESEARCH ISI   (Germany)

^b TECHNISCHE UNIVERSITÄT BERLIN   (Germany)

^c Hanyang University   (South Korea)

^d Katholieke Universiteit Leuven   (Belgium)

^e UNIVERSITY OF TWENTE   (Netherlands)

^f Expertisecentrum OandO Monitoring ^*  (Belgium)

Author keywords

Exports; International trade; Patent value; Patents

Indexed keywords

INTERNATIONAL TRADE;

EMPIRICAL STUDIES; EXPORT PERFORMANCE; EXPORTS; INTERNATIONAL MARKETS; PATENT APPLICATIONS; PATENT VALUE; PATENTS; STATISTICAL DATABASE;

PATENTS AND INVENTIONS;

EID: 84904788374     PISSN: 01664972     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.technovation.2014.05.007     Document Type: Article

References (84)

1. P. Aghion, and P. Howitt A model of growth through creative destruction Econometrica 60 2 1992 323 351
2. P. Aghion, and P. Howitt A Schumpeterian perspective on growth and competition F. Coricelli, M. diMatteo, F. Hahn, New Theories in Growth and Development 1998 Macmillan London
3. Adams, S.R.; 2006. Information Sources in Patents. K.G. Saur, München.
4. M.B. Albert, D. Avery, F. Narin, and P. McAllister Direct validation of citation counts as indicators of industrially important patents Res. Policy 20 3 1991 251 259
5. J. Alcacer, and M. Gittelman Patent citations as a measure of knowledge flows: the influence of examiner citations Rev. Econ. Stat. 88 2006 774 779 (Pubitemid 44728723)
6. J. Alcacer, M. Gittelman, and B. Sampat Applicant and examiner citations in U.S. patents: an overview and analysis Res. Policy 38 2009 415 427
7. M. Arellano, and S. Bond Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations Rev. Econ. Stud. 58 1991 277 297
8. S. Belenzon Cumulative innovation and market value: evidence from patent citations Econ. J. 122 2012 265 285
9. J. Bessen The value of U.S. patents by owner and patent characteristics Res. Policy 37 2008 932 945
10. J.H. Bergstrand The Gravity equation in international trade: some microeconomic foundations and empirical evidence Rev. Econ. Stat. 67 3 1985 474 481
11. K. Blind The impacts of innovations and standards on trade of measurement and testing products: emperical results of Switzerlands bilateral trade flows with Germany, France and the UK Inf. Econ. Policy 13 2001 439 460 (Pubitemid 33122570)
12. K. Blind, K. Cremers, and E. Mueller The influence of strategic patenting on Companies patent portfolios Res. Policy 38 2009 428 436
13. K. Blind, and A. Jungmittag Trade and the impact of innovations and standards: the case of Germany and the UK Appl. Econ. 37 2005 1385 1398 (Pubitemid 41087080)
14. K. Blind, and R. Frietsch Integration Verschiedener Technologieindikatoren, Bun-desministerium fuer Bildung und Forschung (BMBF) Studien zum deutschen Innovationssystem 2006 BMBF Berlin 16 2006
15. K. Briggs Patents, technology adaptation, and exports to developing countries Glob Econ J 12 2012 1 20
16. K. Briggs Does patent harmonization impact the decision and volume of high technology trade Int. Rev. Econ. Financ. 25 2013 35 51
17. K. Briggs, and W.G. Park There will be exports and licensing: the effects of patent rights and innovation on firm sales J. Int. Trade Econ. Dev. 2013 10.1080/09638199.2013.843199
18. M.P. Carpenter, F. Narin, and P. Woolf Citation rates to technologically important patents World Pat. Inf. 3 1981 160 163
19. C.L. Chang, S.P. Chen, and M. McAleer Globalization and knowledge spillover: international direct investment, exports and patents Econ. Innov. New Technol. 22 2013 329 352
20. W.C. Chen The extensive and intensive margins of exports: the role of innovation World Econ. 36 2013 607 635
21. A.V. Deardorff Testing trade theories and predicting trade flows R.W. Jones, P.B. Kenen, Handbook of International Economics, 1 1985 Elsevier New York 467 517
22. G. Dosi, and L. Soete Technology Gaps and Cost-Based Adjustment: Some Explo-rations on the Determinants of International Competitiveness Metroeconomica 35 1983 197 222
23. G. Dosi, K. Pavitt, and L. Soete The Economics of Technical Change and Interna-tional Trade 1990 Harvester Wheatsheaf New York
24. G. Dosi, and L. Soete Technical Change and International Trade G. Dosi, C. Freeman, R. Nelson, G. Silverberg, L. Soete, Technical Change and Economic Theory 1991 Pinter Publishers London 401 431
25. Fagerberg, J.; 1996. Competitiveness, Scale and R&D. NUPI working paper, No. 545.
26. R. Falvey, N. Foster, and D. Greenaway Intellectual property rights and economic growth Rev. Dev. Econ. 10 2006 700 719 (Pubitemid 44594147)
27. R. Falvey, N. Foster, and D. Greenaway Trade, imitative ability and intellectual property rights Rev. World Econ. 145 2009 373 404
28. C. Fink, and C.A. Primo-Braga How stronger protection of intellectual property rights affects international trade flows C. Fink, K.E. Maskus, Intellectual Property and Development: Lessons from Recent Economic Research 2005 The World Bank Washington, DC
29. R. Frietsch, and U. Schmoch Transnational patents and international markets Scientometrics 82 2010 185 200
30. Frietsch, R.; Schmoch, U.; van Looy, B.; Walsh, J.P.; Devroede, R.; Du Plessis, M.; Jung, T.; Meng, Y.; Neuhäusler, P.; Peeters, B.; Schubert, T.; 2010. The Value and Indicator Function of Patents, Studien zum deutschen Innovationssystem, Nr. 15/2010, Expertenkommission Forschung und Innovation (EFI).
31. A. Gambardella, D. Harhoff, and B. Verspagen The value of European patents Eur. Manag. Rev. 5 2 2008 69 84
32. Gehrke, B.; Krawczyk, O.; Legler, H.; 2007. Forschungs-und wissensintensive Wirt-schaftszweige in Deutschland: Außenhandel, Spezialisierung, Beschäftigung und Qualifikationserfordernisse, Bundesministerium fuer Bildung und Forschung (BMBF) (Ed.), Studien zum deutschen Innovationssystem, Nr. 17-2007, Berlin.
33. J.C. Ginarte, and W.G. Park Determinants of patent rights: a cross-national study Res. Policy 26 1997 283 301 (Pubitemid 127382136)
34. Giuri, P.; Mariani, M.; Brusoni, S.; Crespi, G.; Francoz, D.; Gambardella, A.; Garcia-Fontes, W.; Geuna, A.; Gonzales, R.; Harhoff, D.; Hoisl, K.; Le Bas, C.; Luzzi, A.; Magazzini, L.; Nesta, L.; Nomaler, Ö.; Palomeras, N.; Patel, P.; Romanelli, M.; Verspagen, B.; 2006. Everything you always wanted to know about inventors (but never asked): evidence from the PatVal-EU survey. Munich Business Research, Ludwigs-Maximilians- Universität, München.
35. P. Giuri, M. Mariani, S. Brusoni, G. Crespi, D. Francoz, A. Gambardella, W. Garcia-Fontes, A. Geuna, R. Gonzales, D. Harhoff, K. Hoisl, C. Le Bas, A. Luzzi, L. Magazzini, L. Nesta, O. Nomaler, N. Palomeras, P. Patel, M. Romanelli, and B. Verspagen Inventors and invention processes in Europe: results from the PatVal-EU survey Res. Policy 36 2007 1107 1127 (Pubitemid 47418982)
36. C. Greenhalgh Innovation and trade performance in the UK Econ. J. 100 1990 105 118
37. C. Greenhalgh, P. Taylor, and R. Wilson Innovation and Export Volumes and Prices - A Disaggregated Study 46 1994 Oxford Economic Papers (Oxford University Press, Oxford) 102 134
38. Grupp Foundations of the Economics of Innovation - Theory, Measurement and Practice 1998 Edward Elgar Cheltenham
39. Grupp, H.; Legler, H.; Jungmittag, A.; Schmoch, U.; 2000. Hochtechnologie 2000. Neudefinition der Hochtechnologie für die Berichterstattung zur technologischen Leistungsfähigkeit Deutschlands, Karlsruhe/Hannover, Fraunhofer ISI.
40. Grupp, H.; Münt, G.; Schmoch, U.; 1996. Assessing different types of patent data for describing high-technology export performance. In: OECD (Ed.). Innovation, Patents and Technological Strategies: Proceedings of a Workshop held at OECD Headquarters in Paris, 8-9 December 1994, OECD, Paris, pp. 271-287.
41. J. Guan, and N. Ma Innovative capability and export performance of Chinese firms Technovation 23 2003 737 747
42. B.H. Hall, A.B. Jaffe, and M. Trajtenberg Market value and patent citations RAND J. Econ. 36 1 2005 16 38 (Pubitemid 40937906)
43. B.H. Hall, and R.H. Ziedonis The patent paradox revisited: an empirical study of patenting in the U.S. semiconductor industry 1979-1995 RAND J. Econ. 36 1 2001 101 128
44. D. Harhoff, F. Narin, F.M. Scherer, and K. Vopel Citation frequency and the value of patented inventions Rev. Econ. Stat. 81 1999 511 515
45. D. Harhoff, F.M. Scherer, and K. Vopel Citations, family size, opposition and the value of patent rights Res. Policy 32 2003 1343 1363
46. P. Hingley The extent to which national research and development expenditures affect first patent filings in contracting states of the European patent convention World Pat. Inf. 19 1997 15 25 (Pubitemid 127175426)
47. J. Hsu, and Y.P. Chuang International technology spillovers and innovation: evidence from Taiwanese high-tech firms J. Int. Trade Econ. Dev. 23 2014 387 401
48. K.S. Hughes Exports and innovation Eur. Econ. Rev. 30 1986 383 399
49. O. Ivus Do stronger patent rights raise high-tech exports to the developing world J. Int. Econ. 81 2010 38 47
50. Kleinknecht, A.; Oostendorp, R.; 2002. R&D and export performance: taking account of simultaneity. In: Kleinknecht, A.; Mohnen, M. (Eds.). Innovation and Firm Performance: Econometric Explorations of Survey Data. New York, pp. 310-320.
51. P. Krugman A model of innovation, technology transfer, and the world distri-bution of income J. Polit. Econ. 87 1979 253 266
52. S. Lachenmaier, and L. Wößmann Does innovation cause exports? Evidence from exogenous innovation impulses and obstacles using German micro data Oxf. Econ. Papers, 58 2006 317 350
53. Legler, H.; Frietsch, R.; 2007. Neuabgrenzung der Wissenswirtschaft - forschungsin-tensive Industrien und wissensintensive Dienstleistungen, Bundesministerium fuer Bildung und Forschung (BMBF) (Ed.). Studien zum deutschen Innovationssystem, No. 22-2007, Berlin.
54. H. Legler, and O. Krawczyk The Global Distribution of R&D Activities U. Schmoch, C. Rammer, H. Legler, National Systems of Innovation in Comparison. Structure and Performance Indicators for Knowledge Societies 2006 Springer Dordrecht 31 45
55. Leontief, W.; 1953. Domestic production and foreign trade. The American capital position reexamined Proc. Am. Philos. Soc.; 97, 332-349.
56. Z. Li, C. Millman, and R. Chi Innovation source and performance: a firm-level anal-of high-tech sector in China Glob. Bus. Econ. Rev. 15 2013 327 349
57. B.A. Lundvall Innovation as an interactive process: from user-producer interaction to the national system of innovation G. Dosi, C. Freeman, R.R. Nelson, G. Silverberg, L. Soete, 1988: Technical Change and Economic Theory 1988 Pinter London 349 369
58. J.B. Madsen Innovations and manufacturing export performance in the OECD countries Oxford Economic Papers 2007 Oxford University Press
59. C. Martinez Patent families: when do different definitions really matter Scientometrics 86 2011 39 63
60. K.E. Maskus, and M. Penubarti How trade-related are intellectual property rights J. Int. Econ. 39 1995 227 248 (Pubitemid 26434910)
61. G. Münt Dynamik von Innovation und Außenhandel Entwicklung technologi-scher und wirtschasftlicher Spezialisierungsmuster 1996 Physica-Verlag Heidelberg
62. F. Narin, E. Noma, and R. Perry Patents as indicators of corporate technological strength Res. Policy 16 1987 143 155
63. R.R. Nelson Knowledge and innovation systems OECD 2000: Knowledge Management in the Learning Society 2000 OECD Paris 115 124
64. P. Neuhäusler, and R. Frietsch Patent families as macro level patent value indicators - applying weights to account for market differences Scientometrics 96 2012 27 49
65. W.G. Park International patent protection: 1960-2005 Res. Policy 37 2008 761 766
66. Porter, M.E.; 1998. The Competitive Adavantage of Nations (2nd ed.). New York.
67. M.V. Posner International trade and technical change Oxf. Econ. Papers 13 1961 323 341
68. Putnam, J.; 1996: The Value of International patent rights. Yale University, Yale.
69. D. Roodman How to do Xtabond2: an introduction to difference and system GMM in Stata Stata J. 9 2009 86 136
70. Schmoch, U.; Grupp, H.; Mannsbart, W.; Schwitalla, B.; 1988. Technikprognosen mit Patentindikatoren. Köln, TÜV Rheinland.
71. T. Schubert Assessing the value of patent portfolios: an international country comparison Scientometrics 88 2011 787 804
72. L. Soete A general test of technological gap trade theory Weltwirtsch. Arch. 117 1981 638 660
73. L. Soete The impact of technological innovation on international trade patterns: the evidence reconsidered Res. Policy 16 1987 101 130
74. S.Y. Sohn, W.S. Lee, and Y.H. Ju Valuing academic patents and intellectual properties: different perspectives of willingness to pay and sell Technovation 33 2013 13 24
75. Y. Sun, and D. Du Determinants of industrial innovation in China: Evidence from its recent economic census Technovation 30 2010 540 550
76. M. Trajtenberg A penny for your quotes: patent citations and the value of innovation RAND J. Econ. 21 1990 172 187
77. N. Van Hulst, R. Mulder, and L.L.G. Soete Exports and technology in manufacturing industry Weltwirtsch. Arch. 127 1991 246 264
78. R. Vernon International investment and international trade in the product cycle Quart. J. Econ. 80 1966 190 207
79. R. Vernon The Product cycle hypothesis in a new international environment Oxf. Bull. Econ. Stat. 41 1979 255 267
80. K. Wakelin Trade and innovation Theory and Evidence 1997 Edward Elgar Cheltenham
81. K. Wakelin Innovation and export behaviour at the firm level Res. Policy 26 1998 829 841 (Pubitemid 128394440)
82. K. Wakelin The role of innovation in bilateral OECD trade performance Appl. Econ. 30 1998 1335 1346 (Pubitemid 28556076)
83. Y. Weng, C.H. Yang, and Y.J. Huang Intellectual property rights and U.S. information goods exports: the role of imitation threat J. Cult. Econ. 33 2009 109 134
84. C.H. Yang, and Y.J. Huang Do intellectual property rights matter to Taiwan's exports? A dynamic panel approach Pac. Econ. Rev. 14 2009 555 578