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Comparative Study of the Use of Patents in Different Industries

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  • Luigi Orsenigo

    (Dimi, University of Brescia, Brescia, Italy and KITeS, Bocconi University, Milan, Italy)

  • Valerio Sterzi

    (KITeS, Bocconi University, Milan, Italy)

Abstract

It has been long recognised that the role and effects of patents vary considerably across industries. This observation raises immediately to important sets of questions. First, can we document systematically this heterogeneity and can we provide a conceptual framework for explaining this diversity? Second, how should the patent system deal with these differences? Should patent laws be tailored to industry specificities or should they be kept as homogeneous as possible? In this paper, we focus mainly on the first question and only tangentially on the second one. In particular, we try to review what is known about the inter-sectoral differences in the uses of patents and their more recent evolution and we suggest that such diversity is just to expected as it depends on complex interactions between the properties of technologies, the nature of markets and the patterns of competition, the evolution of legislation and its interpretation.

Suggested Citation

  • Luigi Orsenigo & Valerio Sterzi, 2010. "Comparative Study of the Use of Patents in Different Industries," KITeS Working Papers 033, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised 2010.
    • Handle: RePEc:cri:cespri:kites33_wp
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    References listed on IDEAS

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    1. G. M.P. Swann, 2009. "The Economics of Innovation," Books, Edward Elgar Publishing, number 13211.
    2. Hall, B. & Jaffe, A. & Trajtenberg, M., 2001. "The NBER Patent Citations Data File: Lessons, Insights and Methodological Tools," Papers 2001-29, Tel Aviv.
    3. Olley, G Steven & Pakes, Ariel, 1996. "The Dynamics of Productivity in the Telecommunications Equipment Industry," Econometrica, Econometric Society, vol. 64(6), pages 1263-1297, November.
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    Cited by:

    1. Philippe Gorry & Diego Useche, 2018. "Orphan Drug Designations as Valuable Intangible Assets for IPO Investors in Pharma-Biotech Companies," NBER Chapters, in: Economic Dimensions of Personalized and Precision Medicine, pages 305-334, National Bureau of Economic Research, Inc.
    2. Dussaux, Damien & Dechezleprêtre, Antoine & Glachant, Matthieu, 2022. "The impact of intellectual property rights protection on low-carbon trade and foreign direct investments," Energy Policy, Elsevier, vol. 171(C).
    3. Mohd Shadab Danish & Pritam Ranjan & Ruchi Sharma, 2022. "Assessing the Impact of Patent Attributes on the Value of Discrete and Complex Innovations," Papers 2208.07222, arXiv.org.
    4. Sterzi, Valerio, 2013. "Patent quality and ownership: An analysis of UK faculty patenting," Research Policy, Elsevier, vol. 42(2), pages 564-576.
    5. Useche, Diego, 2014. "Are patents signals for the IPO market? An EU–US comparison for the software industry," Research Policy, Elsevier, vol. 43(8), pages 1299-1311.
    6. Cornelia Lawson & Valerio Sterzi, 2014. "The role of early-career factors in the formation of serial academic inventors," Science and Public Policy, Oxford University Press, vol. 41(4), pages 464-479.
    7. Ugo RIZZO & Valerio STERZI, 2022. "Characterising science-industry patent collaborations: knowledge base, impact and economic value," Bordeaux Economics Working Papers 2022-15, Bordeaux School of Economics (BSE).
    8. Valerio Sterzi, 2021. "Patent Assertion Entities and Patent Ownership Transparency: Strategic Recording of Patent Transactions at the Uspto [In Defense of Forum Shopping: A Realistic Look at Selecting a Venue]," Journal of Competition Law and Economics, Oxford University Press, vol. 17(4), pages 978-1006.
    9. Dosi, Giovanni & Marengo, Luigi & Staccioli, Jacopo & Virgillito, Maria Enrica, 2023. "Big Pharma and monopoly capitalism: A long-term view," Structural Change and Economic Dynamics, Elsevier, vol. 65(C), pages 15-35.
    10. Ana Cuadros & Antonio Navas & Jordi Paniagua, 2022. "Moving ideas across borders: Foreign inventors, patents and FDI," The World Economy, Wiley Blackwell, vol. 45(12), pages 3652-3678, December.
    11. Mohd Shadab Danish & Pritam Ranjan & Ruchi Sharma, 2021. "Identification of “Valuable” Technologies via Patent Statistics in India: An Analysis Based on Renewal Information," BASE University Working Papers 13/2021, BASE University, Bengaluru, India.
    12. Castelnovo, Paolo, 2022. "Innovation in private and state-owned enterprises: A cross-industry analysis of patenting activity," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 98-113.
    13. Sterzi, Valerio, 2011. "Academic patent value and knowledge transfer in the UK. Does patent ownership matter?," MPRA Paper 34955, University Library of Munich, Germany.
    14. Gianluca Orsatti & Valerio Sterzi, 2018. "Do Patent Assertion Entities Harm Innovation? Evidence from Patent Transfers in Europe," Cahiers du GREThA (2007-2019) 2018-08, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    15. Cheng, Yu & Huang, Lucheng & Ramlogan, Ronnie & Li, Xin, 2017. "Forecasting of potential impacts of disruptive technology in promising technological areas: Elaborating the SIRS epidemic model in RFID technology," Technological Forecasting and Social Change, Elsevier, vol. 117(C), pages 170-183.
    16. Valeriy Kryukov & Anatoliy Tokarev, 2022. "Spatial trends of innovation in the Russian oil and gas sector: What does patent activity in Siberia and the Arctic reflect?," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(1), pages 127-146, February.
    17. Valerio STERZI & Jean-Paul RAMESHKOUMAR & Johannes VAN DER POL, 2020. "Non-practicing entities and transparency in patent ownership in Europe," Bordeaux Economics Working Papers 2020-10, Bordeaux School of Economics (BSE).
    18. Tom Deweerdt, 2022. "Why Is the Australian Health Sector So Far behind in Practising Climate-Related Disclosures?," IJERPH, MDPI, vol. 19(19), pages 1-11, October.

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