Quantity or quality? Collaboration strategies in research and development and incentives to patent

Hanna Hottenrott and Cindy Lopes-Bento

No 12-047, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

Abstract: This study shows for a large sample of R&D-active manufacturing firms that collaborative R&D has a positive effect on firms' patenting in terms of both quantity and quality. When distinguishing between alliances that aim at joint creation of new knowledge and alliances that aim at exchange of existing knowledge, the results suggest that the positive effect on patent quantity is driven by knowledge exchange rather than joint R&D. Firms engaged in joint R&D, on the other hand, receive more forward citations per patent indicating that joint R&D enhances patent quality. In light of literature on strategic patenting, our results further suggest that knowledge creation alliances lead to patents that are filed to protect valuable intellectual property, while exchange alliances drive portfolio patenting, resulting in fewer forward citations.

Keywords: R&D Collaboration; Knowledge Exchange; Patents; Innovation; Count Data Models (search for similar items in EconPapers)
JEL-codes: O31 O32 O33 O34 (search for similar items in EconPapers)
Date: 2012
New Economics Papers: this item is included in nep-com, nep-ino, nep-ipr, nep-pr~, nep-knm and nep-sbm
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Quantity or Quality? Collaboration Strategies in Research and Development and Incentives to Patent (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:12047

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