Determinants of national patent ownership by public research organisations and universities |
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Authors: | Joaquín M. Azagra-Caro |
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Affiliation: | 1. INGENIO, CSIC-UPV, Universitat Politècnica de València, Camino de Vera s/n, 46022, Valencia, Spain 2. Institute for Prospective Technological Studies (IPTS), European Commission, Joint Research Centre (JRC), Edificio Expo, c/Inca Garcilaso 3, 41092, Sevilla, Spain
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Abstract: | This paper focuses on the question of whether the national production functions of patents owned by universities and public research organisations (PROs) differ. We use Eurostat patent and R&D data broken down by institutional sector for the European Union 27 and other countries in years 1982–2007, and we estimate dynamic panel models. The impact of R&D expenditure on patent ownership is higher for PROs than for universities. University patent ownership activity is dependent on business funding, while PRO patent ownership is not. We recommend a reversal of the current decline of PRO R&D expenditure and discuss whether PROs perform better at macroeconomic level vis a vis universities. |
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