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A Literature Review on the Factors Influencing Patent Propensity

Author

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  • Nnaemeka Vincent Emodi

    (Department of Economics and Finance, College of Business, Law and Governance, James Cook University, P. O. Box 6811 Cairns, QLD 4870, Australia)

  • Girish Panchakshara Murthy

    (#x2020;Department of Finance, IBS ICFAI Business School Donthanapally, Hyderabad 501203, Telengana, India)

  • Chinenye Comfort Emodi

    (#x2021;Department of Computer Science, Michael Okpara University of Agriculture, Umudike, Abia State, Nigeria)

  • Adaeze Saratu Augusta Emodi

    (#xA7;Faculty of Law, Abia State University Uturu, PMB 2000, Uturu, Abia State, Nigeria)

Abstract

This literature review explores the factors influencing a firm’s decision to patent its innovation. From the review of the available literature, some factors were identified which are related to the degree of codification or simplicity of knowledge and characteristics of a company or firm. We discovered that patent propensity vary among firms, industry, and country. The influencing factors on a firm’s patent propensity were discovered to be both internal and external. The literature review will provide assistance to researchers in understanding the factors influencing patent propensity.

Suggested Citation

  • Nnaemeka Vincent Emodi & Girish Panchakshara Murthy & Chinenye Comfort Emodi & Adaeze Saratu Augusta Emodi, 2017. "A Literature Review on the Factors Influencing Patent Propensity," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 14(03), pages 1-30, June.
    • Handle: RePEc:wsi:ijitmx:v:14:y:2017:i:03:n:s0219877017500158
    DOI: 10.1142/S0219877017500158
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    References listed on IDEAS

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    1. van Pottelsberghe de la Potterie, Bruno & de Rassenfosse, Gaétan & Danguy, Jérôme, 2010. "The R&D-patent relationship: An industry perspective," CEPR Discussion Papers 8145, C.E.P.R. Discussion Papers.
    2. de Rassenfosse, Gaetan & van Pottelsberghe de la Potterie, Bruno, 2009. "A policy insight into the R&D-patent relationship," Research Policy, Elsevier, vol. 38(5), pages 779-792, June.
    3. Heger, Diana & Zaby, Alexandra K., 2009. "The propensity to patent with horizontally differentiated products: An empirical investigation," Tübinger Diskussionsbeiträge 324, University of Tübingen, School of Business and Economics.
    4. Arora, Ashish & Ceccagnoli, Marco & Cohen, Wesley M., 2008. "R&D and the patent premium," International Journal of Industrial Organization, Elsevier, vol. 26(5), pages 1153-1179, September.
    5. Junghee Han & Almas Heshmati, 2021. "Innovation and SMEs patent propensity in Korea," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 42(1/2), pages 51-68.
    6. Zaby, Alexandra K., 2009. "The propensity to patent in oligopolistic markets," Tübinger Diskussionsbeiträge 323, University of Tübingen, School of Business and Economics.
    7. repec:fth:harver:1473 is not listed on IDEAS
    8. Kani, Masayo & Motohashi, Kazuyuki, 2012. "Understanding the technology market for patents: New insights from a licensing survey of Japanese firms," Research Policy, Elsevier, vol. 41(1), pages 226-235.
    9. Brouwer, Erik & Kleinknecht, Alfred, 1999. "Innovative output, and a firm's propensity to patent.: An exploration of CIS micro data," Research Policy, Elsevier, vol. 28(6), pages 615-624, August.
    10. Zvi Griliches, 1998. "Patent Statistics as Economic Indicators: A Survey," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 287-343, National Bureau of Economic Research, Inc.
    11. Fontana, Roberto & Nuvolari, Alessandro & Shimizu, Hiroshi & Vezzulli, Andrea, 2013. "Reassessing patent propensity: Evidence from a dataset of R&D awards, 1977–2004," Research Policy, Elsevier, vol. 42(10), pages 1780-1792.
    12. Alfred Kleinknecht & Kees Van Montfort & Erik Brouwer, 2002. "The Non-Trivial Choice between Innovation Indicators," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 11(2), pages 109-121.
    13. Hall, Bronwyn H & Ziedonis, Rosemarie Ham, 2001. "The Patent Paradox Revisited: An Empirical Study of Patenting in the U.S. Semiconductor Industry, 1979-1995," RAND Journal of Economics, The RAND Corporation, vol. 32(1), pages 101-128, Spring.
    14. Hu, Albert Guangzhou, 2010. "Propensity to patent, competition and China's foreign patenting surge," Research Policy, Elsevier, vol. 39(7), pages 985-993, September.
    15. Heger, Diana & Zaby, Alexandra K., 2009. "The propensity to patent with vertically differentiated products: An empirical investigation," Tübinger Diskussionsbeiträge 325, University of Tübingen, School of Business and Economics.
    16. Radosevic, Slavo & Yoruk, Esin, 2013. "Entrepreneurial propensity of innovation systems: Theory, methodology and evidence," Research Policy, Elsevier, vol. 42(5), pages 1015-1038.
    17. Basberg, Bjorn L., 1987. "Patents and the measurement of technological change: A survey of the literature," Research Policy, Elsevier, vol. 16(2-4), pages 131-141, August.
    18. Bronwyn H. Hall & Dietmar Harhoff, 2012. "Recent Research on the Economics of Patents," Annual Review of Economics, Annual Reviews, vol. 4(1), pages 541-565, July.
    19. Scherer, F. M., 1983. "The propensity to patent," International Journal of Industrial Organization, Elsevier, vol. 1(1), pages 107-128, March.
    20. Gaétan de Rassenfosse, 2010. "Productivity and Propensity: The Two Faces of the R&D-Patent Relationship," Working Papers ECARES ECARES 2010-025, ULB -- Universite Libre de Bruxelles.
    21. Diana Heger & Alexandra K. Zaby, 2013. "The heterogeneous costs of disclosure and the propensity to patent," Oxford Economic Papers, Oxford University Press, vol. 65(3), pages 630-652, July.
    22. Brent B Allred & Walter G Park, 2007. "Patent rights and innovative activity: evidence from national and firm-level data," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 38(6), pages 878-900, November.
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    Cited by:

    1. Manuel Acosta & Daniel Coronado & Mª Dolores León & Pedro Jesús Moreno, 2020. "The Production of Academic Technological Knowledge: an Exploration at the Research Group Level," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 1003-1025, September.
    2. Taglialatela, Jonathan & Barontini, Roberto, 2024. "SMEs and patents: Is it worth it? A longitudinal analysis of the patent-performance relationship," Journal of Economics and Business, Elsevier, vol. 128(C).

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