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The impact of international patenting on corporate patenting activities: Evidence from Korea

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  • Kim, Sangdong
  • Lee, Jihong

Abstract

This paper studies the impact of international patenting on corporate patenting activities, using a novel firm-level dataset from Korea. After making an overseas patent application for the first time, firms increase their overall patenting activity, both domestically and internationally, relative to similar firms that operate only in the domestic market for ideas. The improvement occurs in both cited and uncited patents, and these effects are persistent and grow over the 5-year period following international entry. Furthermore, young firms benefit more than mature firms from global engagement. Our findings suggest a role for policy.

Suggested Citation

  • Kim, Sangdong & Lee, Jihong, 2024. "The impact of international patenting on corporate patenting activities: Evidence from Korea," Technovation, Elsevier, vol. 130(C).
    • Handle: RePEc:eee:techno:v:130:y:2024:i:c:s0166497223002493
    DOI: 10.1016/j.technovation.2023.102938
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    More about this item

    Keywords

    Innovation; Patent; International patenting; Innovation policy;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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