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Universities look beyond the patent policy discourse in their intellectual property strategies

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This paper contributes the analysis of the persistence of innovation activities, as measured by different innovation indicators and explores its path dependent characteristics. The empirical analysis of firm level innovative activities for a sample of 451 Italian manufacturing companies observed during the years 1998-2006 confirms the presence of significant persistence in innovation. However, the levels of persistence as captured by the inter-temporal elasticity between the innovation indicators show significant variations according to the typology of innovation considered. The higher level of persistence is found for R&D investments, witnessing the actual presence of significant entry and exit barriers. Furthermore, we obtain a relatively higher persistence for product innovation than process innovation.

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  • Antonelli, Cristiano & Crespi, Francesco & Scellato, Giuseppe, 2010. "Universities look beyond the patent policy discourse in their intellectual property strategies," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201010, University of Turin.
    • Handle: RePEc:uto:labeco:201010
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    1. Christian Le Bas & Caroline Mothe & Thuc Uyen Nguyen-Thi, 2011. "Technological innovation persistence : Literature survey and exploration of the role of organizational innovation," Working Papers 1132, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    2. Christian Le Bas & Nicolas Poussing, 2014. "Are Complex Innovators More Persistent Than Single Innovators? An Empirical Analysis Of Innovation Persistence Drivers," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 18(01), pages 1-21.

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