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


Hottenrott, Hanna ; Lopes-Bento, Cindy


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URL: https://ub-madoc.bib.uni-mannheim.de/32492
URN: urn:nbn:de:bsz:180-madoc-324929
Document Type: Working paper
Year of publication: 2012
The title of a journal, publication series: ZEW Discussion Papers
Volume: 12-047
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: O31 , O32 , O33 , O34,
Keywords (English): R&D collaboration , knowledge exchange , patents , innovation , count data models
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.




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