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Patenting as a Public Sector Innovative Response to the Great Recession

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  • Albert N. Link

    (University of North Carolina at Greensboro)

Abstract

The literature on innovative responses to periods of economic change has focused on private sector firm behavior. This paper expands the literature by focusing on aspects of the public sector’s response to the Great Recession. The data used relate to patent applications by U.S. federal laboratories. Contrary to previous findings about the private sector’s waning innovation response to the Great Recession, the findings presented show that the U.S. public sector’s post-Great Recession response was positive. Arguments to explain this finding are also presented.

Suggested Citation

  • Albert N. Link, 2024. "Patenting as a Public Sector Innovative Response to the Great Recession," The Journal of Technology Transfer, Springer, vol. 49(3), pages 868-875, June.
    • Handle: RePEc:kap:jtecht:v:49:y:2024:i:3:d:10.1007_s10961-024-10074-w
    DOI: 10.1007/s10961-024-10074-w
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    More about this item

    Keywords

    Patenting; R&D; Federal laboratories; Great recession; Policy evaluation; Technology transfer;
    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
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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