Arbeitspapier
Patenting and industrial performance: the case of the machine tool industry
Using the case of an important capital goods industry the paper examines the impact of the national patent system on the performance of firms. Many theories attempt to explain the firms’ innovative behavior using the concepts of national and sectorial systems of innovation. The patent law plays a particularly important role in these systems. At the level of the firm its importance rests on the possibility to appropriate profits. An empirical analysis of a sample of the 49 largest international manufacturers of machine tools shows that patents are a superior mechanism for appropriating the returns on R&D in this industry. This is indicated by a strong positive relationship between the market value of the firm and its patenting activities.
- Sprache
-
Englisch
- Erschienen in
-
Series: WZB Discussion Paper ; No. FS IV 98-9
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fleischer, Manfred
- Ereignis
-
Veröffentlichung
- (wer)
-
Wissenschaftszentrum Berlin für Sozialforschung (WZB)
- (wo)
-
Berlin
- (wann)
-
1998
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fleischer, Manfred
- Wissenschaftszentrum Berlin für Sozialforschung (WZB)
Entstanden
- 1998
Ähnliche Objekte (12)
Patenting and industrial performance: the case of the machine tool industry
Patenting and industrial performance: the case of the machine tool industry
The determinants of European universities patenting and co-patenting with companies
Smart agents for the industry 4.0 : enabling machine learning in industrial production
The Patenting Behavior of Academic Founders
Finnish Patenting Activity
Patenting traditional medicine
Industrial policy in the transport aircraft industry
Industrial policy in the transport aircraft industry
Languages, Fees and the International Scope of Patenting
Languages, fees and the international scope of patenting
Commercializing Academic Research: The Quality of Faculty Patenting
Patenting and industrial performance: the case of the machine tool industry
Patenting and industrial performance: the case of the machine tool industry
The determinants of European universities patenting and co-patenting with companies
Smart agents for the industry 4.0 : enabling machine learning in industrial production
The Patenting Behavior of Academic Founders
Finnish Patenting Activity
Patenting traditional medicine
Industrial policy in the transport aircraft industry
Industrial policy in the transport aircraft industry
Languages, Fees and the International Scope of Patenting
Languages, fees and the international scope of patenting
Commercializing Academic Research: The Quality of Faculty Patenting
Patenting and industrial performance: the case of the machine tool industry
Patenting and industrial performance: the case of the machine tool industry
The determinants of European universities patenting and co-patenting with companies
Smart agents for the industry 4.0 : enabling machine learning in industrial production
The Patenting Behavior of Academic Founders
Finnish Patenting Activity
Patenting traditional medicine
Industrial policy in the transport aircraft industry
Industrial policy in the transport aircraft industry
Languages, Fees and the International Scope of Patenting
Languages, fees and the international scope of patenting