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The institutional sources of knowledge and the value of academic patents

Author

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  • Bruno Van Pottelsberghe
  • Eleftherios Sapsalis

Abstract

This paper puts forward new potential determinants of patent value which are related to the identification of institutional sources of knowledge and the geographic scope of patenting strategy. The impact of these new indicators is evaluated through an empirical analysis that aims to explain the number of forward citations received by 208 patent families applied for by six Belgian universities. The new indicators provide a more in-depth understanding of the way non-patent citations, backward patent citations, co-assignees and the geographical scope for protection determine patent value. The policy implications induced by these results are the positive impact of collaboration between public research organisations and the need to focus on academic researchers with a high scientific profile in terms of publications in order to crystallize their tacit knowledge into high value academic patents. The views expressed in this article are purely those of the authors and may not in any circumstances be regarded as stating an official position of the EPO or of the ULB. All errors and omissions remain our sole responsibility. © 2007 Taylor & Francis.

Suggested Citation

  • Bruno Van Pottelsberghe & Eleftherios Sapsalis, 2007. "The institutional sources of knowledge and the value of academic patents," ULB Institutional Repository 2013/6195, ULB -- Universite Libre de Bruxelles.
    • Handle: RePEc:ulb:ulbeco:2013/6195
    Note: SCOPUS: ar.j
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    References listed on IDEAS

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    More about this item

    Keywords

    Knowledge sources; Patent indicators; Patent value;
    All these keywords.

    JEL classification:

    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • 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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