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The aim of this paper is to examine the factors that influeunce the ability of Mexican public universities to generate patents. Academic patents are deserving of increasing interest as channels for the transfer of knowledge from universities to firms.

A review of the international literature on the main factors that explain the production of patents was undertaken. On the basis of this information, a database for 80 Mexican universities was built and a model estimated. This model has three components: the institutional characteristics of the universities, the presence of a technology transfer office, and the socioeconomic environment.

The results from the econometric analysis show the positive effects that universities' size and scientific quality, the existence of a technology transfer office, and the socioeconomic environment have on the applications for patents. These results show the complexity of academic patents as a channel for transferring knowledge and suggest the convenience of some degree of specialization and differentiation between universities.

The existing analyses for the USA and some European countries show that the institutional framework and the individual characteristics of the universities are relevant factors in the production of academic patents. The quantitative analysis carried out in this paper for a Latin-American country, with different characteristics from the USA and Europe, allows a better understanding of academic patenting and has implications for the design of innovation policies.

El objetivo de este artículo es examinar los factores que influyen en la capacidad de las universidades públicas mexicanas para generar patentes. Las patentes académicas están recibiendo una atención creciente como vía de transferencia de conocimientos desde las universidades a las empresas.

A partir de la revisión de la literatura internacional sobre los principales factores que explican la producción de patentes se ha construido una base de datos para 80 universidades mexicanas y se ha estimado un modelo con tres componentes: a) características institucionales de las universidades, b) presencia de una oficina de transferencia de tecnología y c) nivel socioeconómico del entorno.

Los resultados del análisis econométrico muestran los efectos positivos que el tamaño y calidad científica de la universidad, la existencia de una oficina de transferencia de tecnología y el nivel socioeconómico del entorno tienen sobre la solicitud de patentes. Estos resultados muestran la complejidad del uso de las patentes académicas como vía de transferencia de conocimientos y sugieren la conveniencia de cierta especialización y diferenciación en las instituciones universitarias.

Los estudios existentes para Estados Unidos y algunos países europeos muestran que el marco institucional y las características individuales de las universidades son relevantes en la producción de patentes académicas. El análisis cuantitativo realizado en este artículo para un país latinoamericano, con características diferentes a Estados Unidos y Europa, permite ampliar el conocimiento sobre las patentes académicas y tiene implicaciones para el diseño de las políticas de innovación.

We examine the patenting behavior of firms in an industry characterized by rapid technological change and cumulative innovation. Recent survey evidence suggests that semiconductor firms do not rely heavily on patents to appropriate returns to R&D. Yet the propensity of semiconductor firms to patent has risen dramatically since the mid-1980s. We explore this apparent paradox by conducting interviews with industry representatives and analyzing the patenting behavior of 95 U.S. semiconductor firms during 1979–1995. The results suggest that the 1980s strengthening of U.S. patent rights spawned “patent portfolio races” among capital-intensive firms, but it also facilitated entry by specialized design firms.

The purpose of this paper is to analyse how a patent is an intangible asset and how it creates value.

Through analysis of a set of cases, the paper analyses how a patent becomes related to a series of other elements. This approach investigates the details of how a patent becomes useful. Theoretically, the paper suggests that a patent only creates value from being entangled in a web of resources in action, contrasting this with patents on hold where they are described as entities but not as resources.

The paper shows that patens a valuable not by themselves (on hold) but by being linked to a series of other resources and purposes (in actions). To understand the value of the patent is to understand its relationships to other mechanism in production, marketing and finance.

The paper sets out an approach to study the value of patents which looks at the network around the patent. This is a limitation inasmuch as it is difficult to generalise the particular findings, but as a prospective research strategy, its strength is that is allows insight into the complexities of making patents valuable. This can also add to statistical work on the contingencies for patents' value.

The paper suggests that a strategy for patenting must pay attention to the different kinds of resources that make it useful. Often it is necessary to look far beyond the patent office to gain this knowledge. The management agenda is clear: the patent has to be entangled, but this also raises questions, because since the patent is an option, some of its value derives from exploring its possibilities. This however, blocks for its exploitation and thus causes opportunity costs. From a management point of view, it is not always clear that a patent should be used for its maximum potentiality, because this would disrupt the network is it part of and make it a very expensive resource to mobilise towards innovation

Typically, research on patents has taken the route via statistical and economic analysis. Our paper adds by showing the dynamics of managerial uses of patents and it shows that the structural conditioning of use of patents can fruitfully be supplemented by process and network approaches to their use.

This study was aimed at testing whether the technology transfer performance of Romanian public research institutes—measured as the ability to generate patented technology—was positively related to institutional, human, commercial and financial factors.

A non-negative integer count data model was implemented to investigate a large sample of Romanian public research institutes in the period 2012–2019.

The results confirmed the positive influence of qualified human resources and commercial resources (technology transfer offices and spinoffs). Institutional factors were also relevant alongside the research field.

The paper has limitations inherent to an investigation conducted in an emerging economy, with a low innovative culture and little interest in technology transfer. Although the analysis focused on a specific country, the findings obtained may be extended to other contexts.

To increase their technology transfer, managers of public research institutes and governmental authorities are suggested to implement structural changes and incentives regarding the skilled human capital, the entrepreneurial knowledge and efforts, and the provision of financial resources.

Results showed that emerging innovator countries, such as Romania, should stimulate human capital to get involved in commercial activities, as interactions between public research institutes and the private sector generate economic, social, and environmental benefits.

This study concentrated on the performance evaluation of research and development activities carried out by public research institutes. Therefore, it contributes to a broad strand of literature which has essentially focused on universities, paying less attention to the contributions to scientific research of other organisations, such as public research institutes.

I begin with a dispute over a fox hunt, by which to understand the law of tangible property, then develop that metaphor for the major types of intellectual property. I start with domestic U.S. patent law for the sake of concreteness, and generalize to other jurisdictions and types of intellectual property. In the latter parts of the paper I discuss the international implications of intellectual property, including especially the effects of information spillovers. The last part of the paper describes the hazards in analogizing “trade” in intellectual property rights to trade in goods, and particularly in interpreting international patent data. These hazards motivate the search for a structural model specially adapted to the purpose of valuing international intellectual property rights and rules. The goal is to give economists a simple and integrated framework for analyzing intellectual property across time, jurisdiction and regime type, with an eye towards eventually developing other incentive systems that have the advantages of property (such as decentralized decision-making), but fewer of the disadvantages.

The purpose of this article is to summarize the basic literature and concepts of innovation and entrepreneurship, emphasizing the relevant studies for Latin America. The authors aim to assess the role of Latin America in the world innovative activity utilizing the production of USPTO patents.

To achieve the first objective, the authors review and summarize the relevant literature for innovation and entrepreneurship in Latin America. They also introduce each of the papers included in the current special issue of Academia. To achieve the second objective, the authors use the production of USPTO patents by Latin American residents, and examine those levels to the rest of the world.

The authors find Latin America to be a marginal contributor to the world innovative activity. Although the region represented 8.7 per cent of world GDP in 2011, it only generated 0.19 per cent of the world patents registered at the USPTO between 2008 and 2012, and only 0.17 per cent of all patents registered since 1976. However, countries such as Costa Rica and Uruguay have larger levels of patent production by 100,000 inhabitants with 7.05 and 4.72 for 1976-2012.

This introduction introduces work that continues the intense discussion on innovation and entrepreneurship in Latin America. It is to the extent of the authors' knowledge, one of the first attempts to measure the level of innovation at the regional level, and compare the performance of different countries. This special edition has implications for individuals, firms and governments striving to introduce new products, services and processes in a region that has historically confronted important barriers to innovation.

En esta introducción presentamos algunos conceptos básicos sobre innovación y empresariado, y hacemos énfasis en la literatura que ha estudiado estos fenómenos en América Latina. Evaluamos, además, el papel de América Latina en la actividad innovadora mundial, utilizando la producción de patentes registradas en la Oficina de Patentes y Marcas de Estados Unidos (USPTO), y encontramos que América Latina desempeña un papel marginal con relación a otros centros mundiales de innovación. Finalmente, se presentan los artículos de este número de la revista Academia. Esta edición especial tiene implicaciones prácticas para individuos, empresas y gobiernos, que quieran introducir nuevos productos, servicios, y procesos desde una región que históricamente ha tenido que enfrentar barreras a la innovación.

To investigate the impact of knowledge-intensive FDI in the Chinese pharmaceutical industry, this study analyzes the activity of foreign MNEs operating in this context by exploring their innovative background, the organizational arrangements they use for local knowledge creation and the performance of their local innovative processes. Based on the analysis of the universe of USPTO pharmaceutical patents applied for between 1975 and 2010 and granted to foreign assignees utilizing the work of Chinese inventors, our results show that, while the presence of foreign MNEs in the Chinese pharmaceutical industry entails a strong potential for positive externalities that could enhance the performance of the local innovation system, such externalities do not completely materialize yet, likely because of local actors’ limited absorptive capacity.

This paper aims to test the existence of the so-called industrial district effect on innovation (iMID effect) in Spain and Italy and to compare the intensity of this effect between both countries. There is previous evidence of this effect for Spain, although, to the best of the authors’ knowledge, it has never been measured for Italy.

Innovation intensity by local production system is measured using patents per million employees and analysed using the mean, the median, 3D maps and statistical tests.

Industrial districts generate between a third and a quarter of all technological innovations in Spain and Italy. The evidence about the district effect in innovation in Spain is consistent with previous studies. The novelty is that there is also evidence of this effect for Italy and its intensity is higher than for Spain. Almost one-half of the industrial districts fit in the most innovative quartile of local production systems, and they are located in the most innovative part of each country.

Limitations of this study include minor database issues. Implications include new focus on the general relevance of industrial districts as highly innovative local production systems and top innovators.

Reorientation of territorial and innovation policies.

Effect on development and well-being through technical progress.

This article provides, for the first time, to the best of the authors’ knowledge, a measurement of the industrial district effect on innovation in Italy. The paper compares the results between Spain and Italy and allows for generalization of previous evidence, concluding that highly innovative industrial districts are not “rare diamonds”, revealing as an alternative and an extraordinarily powerful place-based innovation model.

Intellectual capital (IC) is essential to the success of new technology-based firms. However, young firms only possess some of the resources and capabilities needed to develop, produce and market their innovative products and services. Hence, many form alliances to access complementary resources. This paper investigates the signaling effect of technology-based start-ups’ stock of IC on alliance formation.

This study analyzes primary data concerning specific classes of IC and the alliances formed. Data were collected from founders of 233 technology-based new ventures in the USA. Hypotheses were tested via hierarchical linear regression.

This study demonstrates that firms' IC, in the form of founders with doctorates and patents, is positively related to the classes of alliances formed. These stocks of IC send signals about credibility to the market for alliance partners, enabling the firms to form alliances and gain access to complementary resources. The number of founders with doctorates was positively related to R&D alliances and alliance partners in a similar place in the value chain as the focal firm. In contrast, the number of patents was positively related to total alliances, production-oriented alliances and alliances considered upstream from the focal firm.

This paper collects retrospective data from founders of technology-based new ventures. The research contributes to the literature with its results that founder human capital and patent portfolios are essential for technology-based firms' innovation and growth. However, little research has investigated how firms' possession of IC facilitates alliance formation. This paper investigates this connection explicitly.