1. International Patenting
- Author:
- Per Botolf Maurseth and Roger Svensson
- Publication Date:
- 04-2012
- Content Type:
- Working Paper
- Institution:
- Norwegian Institute of International Affairs
- Abstract:
- 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 increased international 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.
- Topic:
- Globalization, International Law, International Trade and Finance, Markets, and Intellectual Property/Copyright