How does the combination of R&D and types of knowledge matter for patent propensity?

Authors:
Ana Pérez-Luño;Ramón Valle-Cabrera
Affiliations:
Universidad Pablo de Olavide, Crtra. Utrera, km. 1, 41013 Sevilla, Spain;Universidad Pablo de Olavide, Crtra. Utrera, km. 1, 41013 Sevilla, Spain
Venue:
Journal of Engineering and Technology Management
Year:
2011

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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.