Patent indicators for macroeconomic growth—the value of patents estimated by export volume |
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| Authors: | Rainer Frietsch,Peter Neuhä usler,Taehyun Jung,Bart Van Looy |
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| Affiliation: | 1. Fraunhofer Institute for Systems and Innovation Research ISI, Competence Center Policy and Regions, Breslauer Strasse 48, 76139 Karlsruhe, Germany;2. Berlin University of Technology, Chair of Innovation Economics, Müller-Breslau-Strasse VWS 2, 10623 Berlin, Germany;3. Graduate School of Technology and Innovation Management, Hanyang University, Wangsimni-ro 222, Seongdong-gu, Seoul 133-791, Korea;4. Faculty of Business and Economics, Research Division INCENTIM, K.U. Leuven, Naamsestraat 69, 3000 Leuven, Belgium;5. School of Management and Governance, University of Twente, The Netherlands;6. Expertisecentrum O&O Monitoring (ECOOM), Belgium |
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| Abstract: | This paper examines the linkage between patenting and export performance for selected countries at the level of technology fields. Some empirical studies show considerable correlation between the patenting behavior of countries and their economic success in international markets. Adding to the existing literature, the aim of this analysis is to assess whether the indicators that are supposed to reflect patent value—such as patent citations or family size—have any explanatory power in estimating the export value of countries by technology fields. |
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| Keywords: | Patents Patent value Exports International trade |
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