1. bookVolume 18 (2018): Issue 2 (June 2018)
Journal Details
License
Format
Journal
First Published
19 Feb 2010
Publication timeframe
4 times per year
Languages
English
access type Open Access

R&D Investments, EPO Patent Applications and the Economic Heterogeneity within the EU

Published Online: 26 Jun 2018
Page range: 177 - 191
Journal Details
License
Format
Journal
First Published
19 Feb 2010
Publication timeframe
4 times per year
Languages
English

In addition to internationalization and growing volumes of international trade in goods, the importance of expenditure on research and development (R&D) has grown significantly. National patent protection has become rather insufficient with increased international trade in goods, which has resulted in the importance of the international patent protection. The main aim of the article is to analyse the relation between R&D investment and the number of patent applications filed with the European Patent Office (EPO) after the year 2000, when the EU‘s Lisbon Strategy was launched. The authors have focused primarily on the differences among the EU macro-regions, which are based on the socioeconomic models. Conclusions imply that one percentage point of R&D expenditure generates roughly 100 EPO applications and the findings also show that individual macro-regions have the identical scattered data. However, dispersions in the individual groups of the EU Member States after the year 2000 differ. The EU Member States are starting to vary significantly in the intensity of R&D support also within each macro-region, thus disparities increase within the EU. Therefore, the attitude to GERD is considered to be an important factor contributing to the greater economic disparities within the EU.

Keywords

ALBU, N. (2011). Research and development spending in the EU: 2020 growth strategy and in perspective. WP 08/2011, Berlin: SWPSearch in Google Scholar

ANDĚL, J. (2007). Statistické metody. Praha: Matfyzpress, ISBN 978-80-7378-003-6Search in Google Scholar

ARMEANU, D.S., VINTILA,G. and GHERGINA S.C. (2017). Empirical Study towards the Drivers of Sustainable Economic Growth in EU-28 Countries. Sustainability 10(4), 1-22, DOI: 10.3390/su1001000410.3390/su10010004Open DOISearch in Google Scholar

BILBAO-OSORIO, B. and RODRÍGEZ-POSE, Á. (2004). From R&D to innovation and economic growth in the EU. Growth and Change, 35(4), 434-455, DOI: 10.1111/j.1468-2257.2004.00256.x10.1111/j.1468-2257.2004.00256.xOpen DOISearch in Google Scholar

CANTWELL J. and IAMMARINO S. (2003). Multinational Corporations and European Regional Systems of Innovation. London: Routledge, ISBN 978-02-03-98671-4Search in Google Scholar

DOLVIK, J. E. MARTIN A. (ed.) (2014). European social models from crisis to crisis: employment and inequality in the era of monetary integration. Oxford: Oxford University Press, ISBN 978-0-19-871796-6Search in Google Scholar

ESPING-ANDERSEN, G. (1990). Three Worlds of Welfare Capitalism. Cambridge: Blackwell Publishing, ISBN 0-7456-0665-2Search in Google Scholar

EUROPEAN COMMISSION (2009). Consultation on the future “EU 2020 Strategy”. Brussels: European CommissionSearch in Google Scholar

EUROPEAN COMMISSION (2011). Europe 2020: Flagship Initiative Innovation Union. Luxembourg: Publication Office of the EU, ISBN 978-92-79-17688-3Search in Google Scholar

EUROPEAN COMMUNITIES. (2000). Presidency Conclusions. Lisbon European Council 23 and 24 March 2000Search in Google Scholar

EUROPEAN COMMUNITIES. (2002). Presidency Conclusions. Barcelona European Council 15 and 16 March 2002Search in Google Scholar

EUROPEAN UNION. (2015). Council recommendation 2015/1184 on broad guidelines for the economic policies of the Member States and of the European UnionSearch in Google Scholar

EUROSTAT. (2016). Smarter, greener, more inclusive? Indicators to support the Europe 2020 Strategy. Luxembourg: Publication Office of the EU. ISBN 978-92-79-59147-1Search in Google Scholar

EUROSTAT. (2017). Gross domestic expenditure on R&D, [online] Eurostat, 2017, [02-08-2017] available from: http://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&language=en&pcode=t2020_20&plugin=1Search in Google Scholar

FALVEY, R. E., ET AL. (2004). Imports, Exports, Knowledge Spillovers and Growth. Economics Letters, 85(3), 209-13, DOI 10.1007/s10290-009-0028-z10.1007/s10290-009-0028-zOpen DOISearch in Google Scholar

FUNKE, M. and NIEBUHR, A. (2005). Regional geographic research and developement spillovers: Evidence from West Germany. Regional Studies, 39(1), 143-153, DOI: 10.1080/003434005200032190410.1080/0034340052000321904Open DOISearch in Google Scholar

GOULD, D. M. and GRUBEN, W. C. (1996). The Role of Intellectual Property Rights in Economic Growth, Journal of Development Economics, 48 (2), 323-50, DOI: 10.1016/0304-3878(95)00039-910.1016/0304-3878(95)00039-9Open DOISearch in Google Scholar

GREENHALGH, CH. and RODGERS, M. (2006). The value of innovation, the interaction of competition, R&D and IP. Research Policy, 35(4), 562-580, DOI:10.1016/j.respol.2006.02.00210.1016/j.respol.2006.02.002Open DOISearch in Google Scholar

GRILICHES, Z. (ed.) (1984). R&D, Patents and Productivity. Chichago: NBER, ISBN 0-226-30844-7Search in Google Scholar

GROSMAN, G. M. and HELPMAN, E. (1991). Innovation and growth in a global economy. Cambridge: MIT Press, ISBN 978-02-62-57097-8Search in Google Scholar

HIGH LEVEL GROUP. (2004). Facing the challenge. The Lisbon strategy for growth and employment. Luxembourg: Publication Office of the EU. ISBN 92-894-7054-2Search in Google Scholar

HELMELS, CH. and ROGERS, M. (2010). Innovation and the survival of the new firms in the UK. Review of Industrial Organization, 36(3), 227-248, DOI: 10.1007/s11151-010-9247-710.1007/s11151-010-9247-7Open DOISearch in Google Scholar

JAFFE, A. B. (1986). Technological opportunity and spillovers of R&D: Evidence from firm’s patents, profits and market value, NBER Working Paper 1815, Cambridge: NBERSearch in Google Scholar

MACLAURIN W. R. (1953) The sequence from invention to innovation and its relation to economic growth, Quarterly Journal of Economics, 67(2), 97-111, DOI: 10.2307/188415010.2307/1884150Open DOISearch in Google Scholar

MASKUS, K. (2000). Intellectual Property Rights in the Global Economy. Washington: Institute for International Economics, ISBN 978-08-81-32307-8Search in Google Scholar

MORGAN K. (1997). The learning region: institutions, innovation and regional renewal, Regional Studies, 31(6), 491-503, DOI: 10.1080/0034340975013228910.1080/00343409750132289Open DOISearch in Google Scholar

LEE, M. CHOI, M. (2016). Analysis on Time-Lag Effect on R&D Investment in the Pharmaceutical Industry in Korea, Osong Public Health Res Perspect, 6(4) 241-248, DOI: 10.1016/j.phrp.2015.07.00110.1016/j.phrp.2015.07.001Open DOISearch in Google Scholar

LEDERMAN, D. and MALONEY, W. F. (2003). R&D and development. Policy Research paper 3024, Washington: World BankSearch in Google Scholar

LUNDVALL B. A˚. (1992). National Systems of Innovation: Towards a Theory of Innovation and Interactive Learning. London: Pinter Publishers, ISBN 1-85567-063-1Search in Google Scholar

OECD, EUROPEAN COMMUNITIES. (2005). Oslo Manual: Guidelines for collecting and interpreting the innovation data. Paris: OECD, ISBN 92-64-01308-3Search in Google Scholar

OECD. (2016). OECD Science, Technology and Innovation Outlook. Paris: OECD, ISBN 978-92-64-26306-2Search in Google Scholar

OECD. (2009). Patent Statistics Manual. OECD: Paris, ISBN 978-92-64-05412-7Search in Google Scholar

PARK, W. and GINARTE, C. (1997). Intellectual Property Rights and Economic Growth. Contemporary Economic Policy, 15(1), 51-61, DOI: 10.1111/j.1465-7287.1997.tb00477.x10.1111/j.1465-7287.1997.tb00477.xOpen DOISearch in Google Scholar

PLUVIA ZUNIGA, M. and GUELEC, D. (2009). Who licenses out patents and why? Lessons from a business survey, OECD Science, Industry and Technology Paper, 2009/5, Paris: OECD, DOI: 10.1787/22444724110110.1787/224447241101Open DOISearch in Google Scholar

RODRÍGEZ-POSE, A. and CRESCENZI, R. (2008). Research and Development, Spillovers, Innovation System and the Genesis of the Regional growth in Europe. Regional Studies, 42(1), 51-67, DOI: 10.1080/0034340070165418610.1080/00343400701654186Open DOISearch in Google Scholar

ROMER, P. (1990). Endogenous technological change. Journal of Political Economy, 80 (5), p. 71-102, ISSN 0176-2680Search in Google Scholar

RUSER, A. and ANHEIER, H.K. (2014). The EU’s future role in the global stage. Global Policy,5 (1) p. 58-67, DOI 10.1111/1758-5899.1214610.1111/1758-5899.12146Open DOISearch in Google Scholar

SANDU, S. and CIOCANEL, B. (2014). Impact of R&D and Innovation on high-tech export. Emerging Markets Queries in Finance and Business, 15 (1) 80-90, DOI: 10.1016/S2212-5671(14)00450-X10.1016/S2212-5671(14)00450-XOpen DOISearch in Google Scholar

SANDTNER, P. G. and BLOCK, J. (2011). The market value of R&D, patents, and trademarks, Research Policy, 40(7), 969-985, DOI:10.1016/j.respol.2011.04.00410.1016/j.respol.2011.04.004Open DOISearch in Google Scholar

SAPIR, A. (2005). Globalization and the reform of the european social model, Brussels: BruegelSearch in Google Scholar

SCHNEIDER, P. H. (2005). International trade, economic growth and intellectual property rights: A panel data study from developed and developing countries. Journal of Development Economics, 78(5),529-547, DOI:10.1016/j.jdeveco.2004.09.00110.1016/j.jdeveco.2004.09.001Open DOISearch in Google Scholar

SOLOW, R. (1956). A contribution to the theory of the economic growth. The Quarterly Journal of Economics, 70 (1), 65-94, ISSN 0033-5533Search in Google Scholar

SONN J. W. and STORPER M. (2008). The increasing importance of geographical proximity in technological innovation: an analysis of U.S. patent citations, 1975-1997, Environment and Planning A., 40 (6), 1020-1039, DOI: 10.1068/a393010.1068/a3930Open DOISearch in Google Scholar

SWAN, T. W. (1956). Economic growth and capital accumulation. Economic Record, 32 (2), 334-361, ISSN 1475-4932Search in Google Scholar

THOMPSON, M. A. and RUSHING, F. W. (1996). An Empirical Analysis of the Impact of Patent Protection on Economic Growth. Journal of Economic Development, 21(2), 61-79, ISSN 0304-3878Search in Google Scholar

Recommended articles from Trend MD

Plan your remote conference with Sciendo