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AuthorEid, Ashraf Galal
Available date2023-01-18T08:39:01Z
Publication Date2015
Publication NameInternational Journal of Technological Learning, Innovation and Development
ResourceScopus
URIhttp://dx.doi.org/10.1504/IJTLID.2015.070374
URIhttp://hdl.handle.net/10576/38563
AbstractThis study examines the impact of R&D performing sectors, business, higher education, and government, on patent activities in 14 high income OECD countries using dynamic panel data model. In addition, the paper investigates the international technology spillover between OECD countries under investigation. The findings suggest that only business R&D is found to have a positive and significant contemporaneous impact on patent activities in all different measures of patents. On the other hand, the elasticity of patent activities with respect to higher education shows a significant response of patenting only to lagged higher education R&D, while the response of patents to current and lagged government R&D is found to be insignificant. In general, the elasticity of patent activities to R&D expenditure is found to be low (inelastic) in most of the specifications. Finally, the technology spillover effect, which is measured by the technology balance of payment ratio and total OECD R&D, shows that countries with higher technology exports rate realise an increase in their patent activities. In addition, the total OECD expenditure on R&D is found to have a positive and significant, but economically weak, impact on domestic patent activities. Copyright 2015 Inderscience Enterprises Ltd.
Languageen
PublisherInderscience Publishers
SubjectOECD
Patents
R&D
System GMM
Technology change
Technology spillover
TitleThe elasticity of patent activities with respect to R&D-performing sectors: An empirical study on high-income OECD countries
TypeConference Paper
Pagination244-260
Issue Number3
Volume Number7
dc.accessType Abstract Only


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