Micro evidence on international patenting
Journal article, Peer reviewed
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Original versionEconomics of Innovation and New Technology, 23(2014)4: 398-422 10.1080/10438599.2013.871166
Globalization, high growth rates in high-tech industries, growing emerging markets and harmonization of patent institutions across countries have stimulated patenting in foreign markets. We use a simple model of international patenting, where the decision to patent in a foreign country depends on country characteristics and the quality of the patented invention. With access to a detailed database on individual patents owned by small Swedish firms and inventors, we are able to estimate some of these relationships and test their validity. Our results indicate that the propensity to apply for international patent protection increases with indicators of the quality of the invention, technological rivalry and market size in the host market.
This is the authors’ accepted and refereed manuscript to the article. Available online at www.tandf.co.uk. Availability of author's version is delayed until 18 months after first online publication. Unavailable until 2015-09-01. Publisher's policy.