The effect of patent grant on the geographic reach of patent trade

Autor:	Irene Fafaliou, Kyriakos Drivas, Elpiniki Fampiou, Demetrius Yannelis
Rok vydání:	2015
Předmět:	Marketing Information Systems and Management State (polity) Management of Technology and Innovation Strategy and Management media_common.quotation_subject Economics Exact matching Endogeneity Industrial organization Computer Science Applications media_common
Zdroj:	The Journal of High Technology Management Research. 26:58-65
ISSN:	1047-8310
DOI:	10.1016/j.hitech.2015.04.006
Popis:	This paper examines whether patents increase the geographic reach of the market for ideas. By employing a dataset of 25,127 US patents traded between US located firms, we find that patents sold during application phase are less likely to be traded outside the seller's state than patents that have been issued. To tackle the endogeneity issues we employ coarsened exact matching techniques. We find that patent grant increases the likelihood of a patent to be traded across boundaries of the state. This evidence is stronger for patents originating from the less innovative US states.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::a6e9bac5b49fec7cd08c8aa88cfce14f https://doi.org/10.1016/j.hitech.2015.04.006 Zobrazit plný text záznamu Full Text from ScienceDirect