000 01485cam a2200205 4500500
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041 _afre
042 _adc
100 1 0 _aKoléda, Gilles
_eauthor
245 0 0 _aThe Value of French Patent Protection Assessed through Renewals
260 _c2005.
500 _a77
520 _aIn this article, we compute the value of patent protection obtained through application for patents at the French Patent Office (INPI), using patent renewal data and values of renewal fees payable to maintain patents in force, over the 1951-2000 period. Simulations of patent protection value, based on our econometric estimations for the 1951-1993 period, demonstrate that average patent values increased continuously and substantially during this period and that the patent value distribution function is strongly asymmetric. Interpreting this increase in the average value of patent protection as evidence of improvement in the intrinsic quality of innovations protected by patents, we explain a substantial portion of the decrease in the patents-to-R&D ratio by a focusing of R&D on more highly-valued objectives.
690 _arenewal fees
690 _apatent protection value
690 _apatent renewal data
690 _apatents-to-R&D ratio
786 0 _nEconomie & prévision | o 168 | 2 | 2005-04-01 | p. 97-114 | 0249-4744
856 4 1 _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2005-2-page-97?lang=en&redirect-ssocas=7080
999 _c468188
_d468188