Title: Academic versus industry patenting: An in-depth analysis of what determines patent value
Abstract: This paper compares corporate and academic patents and tests whether they have similar value distributions and share common determinants of value. The empirical results based on an in-depth analysis of 400 biotech patents applied for by Belgian universities and firms lead to the following observations: (i) academic and corporate patent value distributions have similar levels of 'skewness'; (ii) the identification of the institutional origin of knowledge allows for an improved understanding of the value determinants and (iii) there is a need to stimulate star scientists to codify their tacit knowledge into valuable patents.
Publication Year: 2006
Publication Date: 2006-12-01
Language: en
Type: article
Indexed In: ['crossref']
Access and Citation
Cited By Count: 180
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot