Patenting and Research and Development : A Global View

Using a new global data base on patents and innovation inputs, the authors examine the process of knowledge creation measured by the dynamic relationship between research and development and U.S. patents granted. They confirm at the country level the recurrent micro-level finding of a strong relatio...

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Main Authors:	Bosch, Mariano, Lederman, Daniel, Maloney, William F.
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	COMPARATIVE ADVANTAGE COMPARATIVE ANALYSIS COMPETITIVENESS CONSTANT RETURNS TO SCALE CORRELATIONS DIMINISHING RETURNS DIRECTION OF TRADE DIRECTION OF TRADE STATISTICS ECONOMETRIC MODELS ECONOMETRICS ECONOMIC RESEARCH ECONOMIC STATISTICS ECONOMIC STRUCTURE ELASTICITY ENDOGENOUS VARIABLES ESTIMATORS EXPORTS FINANCIAL RESOURCES GDP GDP PER CAPITA GROWTH MODELS GROWTH THEORY HUMAN CAPITAL INCOME GROUPS INCREASING RETURNS INNOVATION FUNCTION INNOVATIONS INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INVENTIONS KNOWLEDGE ECONOMY METHODOLOGY MODELING NATURAL RESOURCES NET EXPORTS NETWORKS PATENT PATENT APPLICATIONS PATENTING ACTIVITY PATENTS POLITICAL ECONOMY PRODUCTION FUNCTION PROPERTY RIGHTS R&D R&D EXPENDITURES RANDOM WALK RELIABILITY RESEARCH INSTITUTIONS RESEARCH POLICY RESEARCH WORKING PAPERS RESEARCHERS RETURNS TO SCALE SCENARIO STATISTICAL DATA TECHNIQUES TIME SERIES TRADEMARKS VENTURE CAPITAL
Online Access:	http://documents.worldbank.org/curated/en/2005/10/6321283/patenting-research-development-global-view http://hdl.handle.net/10986/8500

id	okr-10986-8500
recordtype	oai_dc
spelling	okr-10986-85002021-04-23T14:02:43Z Patenting and Research and Development : A Global View Bosch, Mariano Lederman, Daniel Maloney, William F. COMPARATIVE ADVANTAGE COMPARATIVE ANALYSIS COMPETITIVENESS CONSTANT RETURNS TO SCALE CORRELATIONS DIMINISHING RETURNS DIRECTION OF TRADE DIRECTION OF TRADE STATISTICS ECONOMETRIC MODELS ECONOMETRICS ECONOMIC RESEARCH ECONOMIC STATISTICS ECONOMIC STRUCTURE ELASTICITY ENDOGENOUS VARIABLES ESTIMATORS EXPORTS FINANCIAL RESOURCES GDP GDP PER CAPITA GROWTH MODELS GROWTH THEORY HUMAN CAPITAL INCOME GROUPS INCREASING RETURNS INNOVATION FUNCTION INNOVATIONS INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INVENTIONS KNOWLEDGE ECONOMY METHODOLOGY MODELING NATURAL RESOURCES NET EXPORTS NETWORKS PATENT PATENT APPLICATIONS PATENTING ACTIVITY PATENTS POLITICAL ECONOMY PRODUCTION FUNCTION PROPERTY RIGHTS R&D R&D EXPENDITURES RANDOM WALK RELIABILITY RESEARCH INSTITUTIONS RESEARCH POLICY RESEARCH WORKING PAPERS RESEARCHERS RETURNS TO SCALE SCENARIO STATISTICAL DATA TECHNIQUES TIME SERIES TRADEMARKS VENTURE CAPITAL Using a new global data base on patents and innovation inputs, the authors examine the process of knowledge creation measured by the dynamic relationship between research and development and U.S. patents granted. They confirm at the country level the recurrent micro-level finding of a strong relationship between the two and estimate the OECD elasticity to be effectively equal to one. This conflicts with the frequent micro-level finding of strongly diminishing returns in knowledge generation and suggests the importance of knowledge spillover effects measurable only at the aggregate level. Developing countries, however, do show diminishing returns. The authors then explain the differences in spillovers between the OECD and developing countries by testing for the impact of measures of the functioning of the national innovation system-the set of institutions and agents that create and disseminate knowledge. Across the entire sample education, security of intellectual property rights, and in some specifications, the quality of research institutions and their interaction with the private sector, affect the transformation of research and development into patents. 2012-06-19T22:11:23Z 2012-06-19T22:11:23Z 2005-10 http://documents.worldbank.org/curated/en/2005/10/6321283/patenting-research-development-global-view http://hdl.handle.net/10986/8500 English Policy Research Working Paper; No. 3739 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	COMPARATIVE ADVANTAGE COMPARATIVE ANALYSIS COMPETITIVENESS CONSTANT RETURNS TO SCALE CORRELATIONS DIMINISHING RETURNS DIRECTION OF TRADE DIRECTION OF TRADE STATISTICS ECONOMETRIC MODELS ECONOMETRICS ECONOMIC RESEARCH ECONOMIC STATISTICS ECONOMIC STRUCTURE ELASTICITY ENDOGENOUS VARIABLES ESTIMATORS EXPORTS FINANCIAL RESOURCES GDP GDP PER CAPITA GROWTH MODELS GROWTH THEORY HUMAN CAPITAL INCOME GROUPS INCREASING RETURNS INNOVATION FUNCTION INNOVATIONS INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INVENTIONS KNOWLEDGE ECONOMY METHODOLOGY MODELING NATURAL RESOURCES NET EXPORTS NETWORKS PATENT PATENT APPLICATIONS PATENTING ACTIVITY PATENTS POLITICAL ECONOMY PRODUCTION FUNCTION PROPERTY RIGHTS R&D R&D EXPENDITURES RANDOM WALK RELIABILITY RESEARCH INSTITUTIONS RESEARCH POLICY RESEARCH WORKING PAPERS RESEARCHERS RETURNS TO SCALE SCENARIO STATISTICAL DATA TECHNIQUES TIME SERIES TRADEMARKS VENTURE CAPITAL
spellingShingle	COMPARATIVE ADVANTAGE COMPARATIVE ANALYSIS COMPETITIVENESS CONSTANT RETURNS TO SCALE CORRELATIONS DIMINISHING RETURNS DIRECTION OF TRADE DIRECTION OF TRADE STATISTICS ECONOMETRIC MODELS ECONOMETRICS ECONOMIC RESEARCH ECONOMIC STATISTICS ECONOMIC STRUCTURE ELASTICITY ENDOGENOUS VARIABLES ESTIMATORS EXPORTS FINANCIAL RESOURCES GDP GDP PER CAPITA GROWTH MODELS GROWTH THEORY HUMAN CAPITAL INCOME GROUPS INCREASING RETURNS INNOVATION FUNCTION INNOVATIONS INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INVENTIONS KNOWLEDGE ECONOMY METHODOLOGY MODELING NATURAL RESOURCES NET EXPORTS NETWORKS PATENT PATENT APPLICATIONS PATENTING ACTIVITY PATENTS POLITICAL ECONOMY PRODUCTION FUNCTION PROPERTY RIGHTS R&D R&D EXPENDITURES RANDOM WALK RELIABILITY RESEARCH INSTITUTIONS RESEARCH POLICY RESEARCH WORKING PAPERS RESEARCHERS RETURNS TO SCALE SCENARIO STATISTICAL DATA TECHNIQUES TIME SERIES TRADEMARKS VENTURE CAPITAL Bosch, Mariano Lederman, Daniel Maloney, William F. Patenting and Research and Development : A Global View
relation	Policy Research Working Paper; No. 3739
description	Using a new global data base on patents and innovation inputs, the authors examine the process of knowledge creation measured by the dynamic relationship between research and development and U.S. patents granted. They confirm at the country level the recurrent micro-level finding of a strong relationship between the two and estimate the OECD elasticity to be effectively equal to one. This conflicts with the frequent micro-level finding of strongly diminishing returns in knowledge generation and suggests the importance of knowledge spillover effects measurable only at the aggregate level. Developing countries, however, do show diminishing returns. The authors then explain the differences in spillovers between the OECD and developing countries by testing for the impact of measures of the functioning of the national innovation system-the set of institutions and agents that create and disseminate knowledge. Across the entire sample education, security of intellectual property rights, and in some specifications, the quality of research institutions and their interaction with the private sector, affect the transformation of research and development into patents.
format	Publications & Research :: Policy Research Working Paper
author	Bosch, Mariano Lederman, Daniel Maloney, William F.
author_facet	Bosch, Mariano Lederman, Daniel Maloney, William F.
author_sort	Bosch, Mariano
title	Patenting and Research and Development : A Global View
title_short	Patenting and Research and Development : A Global View
title_full	Patenting and Research and Development : A Global View
title_fullStr	Patenting and Research and Development : A Global View
title_full_unstemmed	Patenting and Research and Development : A Global View
title_sort	patenting and research and development : a global view
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2005/10/6321283/patenting-research-development-global-view http://hdl.handle.net/10986/8500
_version_	1764407838036197376

Patenting and Research and Development : A Global View

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