IDEAS home Printed from https://ideas.repec.org/p/eec/wpaper/1708.html
   My bibliography  Save this paper

The determinants of international patenting decisions of Spanish firms

Author

Listed:
  • Pilar Beneito

    (Department of Economic Analysis, University of Valencia, Avda. dels Tarongers s/n, 46022 Valencia (Spain).)

  • Mari´a E. Rochina-Barrachina

    (Department of Economic Structure, University of Valencia, Avda. dels Tarongers s/n, 46022 Valencia (Spain).)

  • Amparo Sanchis

    (Department of Economic Structure, University of Valencia, Avda. dels Tarongers s/n, 46022 Valencia (Spain).)

Abstract

This paper analyses the determinants of firms’ decisions to patent abroad. We use dataspanning 2005-2013 of Spanish firms from PITEC, a panel database carried out by theINE (The National Statistics Institute). We focus on patenting firms and consider thatfirms’ decisions to apply for patents in foreign patent offices may be driven by twokinds of motivations: first, to exploit the patent in international markets where there ispotential demand for the invention and, second, to protect the invention abroad whenthe quality of the invention is high enough. In the first case we refer to market-drivendeterminants and, in the second case, to innovation type-driven determinants. Weempirically analyse these factors using information on firms’ sales in differentgeographic international markets, and also indicators of the quality and scope of theinnovations. We distinguish among EPO, USPTO and PTC patents, and estimate, first,a multivariate probit model to determine the factors underlying the decision to apply forpatents in these foreign offices. Second, we estimate a multivariate model to explain theshares of patent applications in each one of the offices.

Suggested Citation

  • Pilar Beneito & Mari´a E. Rochina-Barrachina & Amparo Sanchis, 2017. "The determinants of international patenting decisions of Spanish firms," Working Papers 1708, Department of Applied Economics II, Universidad de Valencia.
    • Handle: RePEc:eec:wpaper:1708
    as

    Download full text from publisher

    File URL: http://repecsrv.uv.es/paper/RePEc/pdf/eec_1708.pdf
    File Function: First version, 2017
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Czarnitzki, Dirk & Kraft, Kornelius & Thorwarth, Susanne, 2009. "The knowledge production of 'R' and 'D'," Economics Letters, Elsevier, vol. 105(1), pages 141-143, October.
    2. Yang, Chih-Hai & Kuo, Nai-Fong, 2008. "Trade-related influences, foreign intellectual property rights and outbound international patenting," Research Policy, Elsevier, vol. 37(3), pages 446-459, April.
    3. Eaton, Jonathan & Kortum, Samuel, 1996. "Trade in ideas Patenting and productivity in the OECD," Journal of International Economics, Elsevier, vol. 40(3-4), pages 251-278, May.
    4. 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.
    5. Michael Noel & Mark Schankerman, 2013. "Strategic Patenting and Software Innovation," Journal of Industrial Economics, Wiley Blackwell, vol. 61(3), pages 481-520, September.
    6. Iain M. Cockburn & Jean O. Lanjouw & Mark Schankerman, 2016. "Patents and the Global Diffusion of New Drugs," American Economic Review, American Economic Association, vol. 106(1), pages 136-164, January.
    7. Seung Ki Moon & Xiaomeng Chang & Janis Terpenny & Timothy W. Simpson & Soundar R. T. Kumara, 2009. "Towards a Knowledge Support System for Product Family Design," World Scientific Book Chapters, in: Frank T Piller & Mitchell M Tseng (ed.), Handbook of Research in Mass Customization and Personalization (In 2 Volumes), chapter 16, pages 297-318, World Scientific Publishing Co. Pte. Ltd..
    8. Guellec, Dominique & Pottelsberghe de la Potterie, Bruno v., 2001. "The internationalisation of technology analysed with patent data," Research Policy, Elsevier, vol. 30(8), pages 1253-1266, October.
    9. Georg Graevenitz & Stefan Wagner & Dietmar Harhoff, 2013. "Incidence and Growth of Patent Thickets: The Impact of Technological Opportunities and Complexity," Journal of Industrial Economics, Wiley Blackwell, vol. 61(3), pages 521-563, September.
    10. Gaetan de Rassenfosse & Bruno van Pottelsberghe de la Potterie, 2013. "The Role Of Fees In Patent Systems: Theory And Evidence," Journal of Economic Surveys, Wiley Blackwell, vol. 27(4), pages 696-716, September.
    11. Blind, Knut & Edler, Jakob & Frietsch, Rainer & Schmoch, Ulrich, 2006. "Motives to patent: Empirical evidence from Germany," Research Policy, Elsevier, vol. 35(5), pages 655-672, June.
    12. H. Phoebe Chan, 2010. "The Determinants Of International Patenting For Nine Agricultural Biotechnology Firms," Journal of Industrial Economics, Wiley Blackwell, vol. 58(2), pages 247-278, June.
    13. Beneito, Pilar, 2006. "The innovative performance of in-house and contracted R&D in terms of patents and utility models," Research Policy, Elsevier, vol. 35(4), pages 502-517, May.
    14. Georg Licht & Konrad Zoz, 1998. "Patents and R&D, An Econometric Investigation Using Applications for German, European and US Patents by German Companies," Annals of Economics and Statistics, GENES, issue 49-50, pages 329-360.
    15. 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.
    16. Richard C. Levin & Alvin K. Klevorick & Richard R. Nelson & Sidney G. Winter, 1987. "Appropriating the Returns from Industrial Research and Development," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 18(3, Specia), pages 783-832.
    17. Sirilli, Giorgio, 1987. "Patents and inventors: An empirical study," Research Policy, Elsevier, vol. 16(2-4), pages 157-174, August.
    18. repec:adr:anecst:y:1998:i:49-50:p:12 is not listed on IDEAS
    19. Giovanni Dosi & Keith Pavitt & Luc Soete, 1990. "The Economics of Technical Change and International Trade," LEM Book Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, number dosietal-1990, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pilar Beneito & María Engracia Rochina-Barrachina & Amparo Sanchis, 2018. "International patenting decisions: empirical evidence with Spanish firms," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 35(2), pages 579-599, August.
    2. Ma, Ding & Yu, Qian & Li, Jing & Ge, Mengni, 2021. "Innovation diffusion enabler or barrier: An investigation of international patenting based on temporal exponential random graph models," Technology in Society, Elsevier, vol. 64(C).
    3. Harhoff, Dietmar & van Pottelsberghe de la Potterie, Bruno & Hoisl, Karin, 2009. "Languages, Fees and the International Scope of Patenting," CEPR Discussion Papers 7241, C.E.P.R. Discussion Papers.
    4. Andrew Eckert & Corinne Langinier, 2014. "A Survey Of The Economics Of Patent Systems And Procedures," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 996-1015, December.
    5. Huang, Can & Jacob, Jojo, 2014. "Determinants of quadic patenting: Market access, imitative threat, competition and strength of intellectual property rights," Technological Forecasting and Social Change, Elsevier, vol. 85(C), pages 4-16.
    6. Andrew Eckert & Corinne Langinier & Long Zhao, 2022. "Determinants of locational patenting behavior of Canadian firms," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 31(4), pages 268-291, May.
    7. Di Fan & Long Zhao, 2022. "Old Wine in New Bottles: Patenting Propensity," Journal of Industry, Competition and Trade, Springer, vol. 22(2), pages 207-224, June.
    8. Di Fan & Long Zhao, 2023. "The role of business locations in international patenting," Journal of Economics, Springer, vol. 139(1), pages 43-69, June.
    9. David S. Abrams & Ufuk Akcigit & Jillian Grennan, 2013. "Patent Value and Citations: Creative Destruction or Strategic Disruption?," NBER Working Papers 19647, National Bureau of Economic Research, Inc.
    10. 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.
    11. 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.
    12. Archontakis, Fragiskos & Varsakelis, Nikos C., 2017. "Patenting abroad: Evidence from OECD countries," Technological Forecasting and Social Change, Elsevier, vol. 116(C), pages 62-69.
    13. Ientile, Damien & Mairesse, Jacques, 2009. "A policy to boost R&D: Does the R&D tax credit work?," EIB Papers 6/2009, European Investment Bank, Economics Department.
    14. Albert N. Link & Martijn Hasselt, 2020. "Exploring the impact of R&D on patenting activity in small women-owned and minority-owned entrepreneurial firms," Small Business Economics, Springer, vol. 54(4), pages 1061-1066, April.
    15. Schwiebacher, Franz, 2012. "Complementary assets, patent thickets and hold-up threats: Do transaction costs undermine investments in innovation?," ZEW Discussion Papers 12-015, ZEW - Leibniz Centre for European Economic Research.
    16. Schwiebacher, Franz, 2013. "Does fragmented or heterogeneous IP ownership stifle investments in innovation?," ZEW Discussion Papers 13-096, ZEW - Leibniz Centre for European Economic Research.
    17. Torrisi, Salvatore & Gambardella, Alfonso & Giuri, Paola & Harhoff, Dietmar & Hoisl, Karin & Mariani, Myriam, 2016. "Used, blocking and sleeping patents: Empirical evidence from a large-scale inventor survey," Research Policy, Elsevier, vol. 45(7), pages 1374-1385.
    18. Uppenberg, Kristian, 2009. "Innovation and economic growth," EIB Papers 1/2009, European Investment Bank, Economics Department.
    19. Joachim Henkel & Stefanie Pangerl, 2008. "Defensive Publishing An Empirical Study," DRUID Working Papers 08-04, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    20. Justus Baron & Henry Delcamp, 2012. "The private and social value of patents in discrete and cumulative innovation," Scientometrics, Springer;Akadémiai Kiadó, vol. 90(2), pages 581-606, February.

    More about this item

    Keywords

    international patenting; innovative firms; multivariate probit;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eec:wpaper:1708. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vicente Esteve (email available below). General contact details of provider: https://edirc.repec.org/data/dsvales.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.