Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1006441 | Journal of Engineering and Technology Management | 2011 | 16 Pages |
Abstract
This paper examines whether the combined effects of R&D efforts and the types of knowledge obtained from the invention process determine patent propensity. With this aim, we investigate a unique, manually collected sample of firms and the Spanish and European Patent Offices to analyze how the combination of R&D and knowledge codifiability, observability and simplicity influence the patent decision. Our results contribute to the literature and assist R&D managers by showing that codified knowledge has a positive impact on patent propensity. Furthermore, we find that knowledge observability and simplicity only influence patent propensity when they are combined with internal R&D expenditures.
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Authors
Ana Pérez-Luño, Ramón Valle-Cabrera,