24.04.12 International patenting
NUPI Working Paper 800 | 39 pages.
International patenting is increasing in importance. In this article, Mauseth and Svennsson indicate that the propensity to apply for international patent protection increases with indicators of the value of the invention, indictors of technological rivalry, and market size in the markets where patent applications are submitted.
>> Summary
International patenting is increasing in importance. Patents protection is sought in the inventors’ homeland but increasingly also in other countries.
Globalization, high growth rates in high-tech industries, growing emerging markets and harmonization of patent institutions across countries have stimulated increasedinternational patenting.
We use a simple model of international patenting developed by Eaton and Kortum (1996) where the decision to patent in a country depends on country characteristics and the quality of the patented invention.
With access to a unique database on Swedish firms’ patents and patent behavior we are able to estimate some of these relations and test their validity.
Our results indicate that the propensity to apply for international patent protection increases with indicators of the value of the invention and indictors of technological rivalry and market size in the markets where patent applications are submitted.
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