Diversification of procedural and administrative costs and innovation : some firm-level evidence

Kovač, Mitja (avtor), Spruk, Rok (avtor)

We examine the diversification of administrative and procedural costs on patent stockusing a large dataset from the European Patent Office with 15,000firms for the periodbetween 1995 and 2015. The results reveal that administrative and procedural costs aresignificant forfirm-level patenting activity. However, not all administrative and proceduralcosts have equal effects. Higher administrative costs often encourage patent applicationand validation by solving the adverse selection problem and short-run opportunism, aswell as other sources of asymmetric information. The effective administration of intel-lectual property law and low-cost enforcement are found to considerably foster patentingactivity. The effects are robust for various mis-specification checks and do not disappearonce country-level research and development infrastructure proxies are controlled for. Theextreme bounds of administrative and procedural costs are computed across more than 5billion regressions, and the sizeable impact of administration on patent application andvalidation outcomes is confirmed.

• Jezik: Angleški jezik
• Ključne besede: innovations, intelectual property, legislation, patents, intellectual property rights, patent stock, diversification of procedural and administrative cost
• Vrsta gradiva: Članek v reviji
• Tipologija: 1.01 - Izvirni znanstveni članek
• Organizacija: EF - Ekonomska fakulteta
• Status publikacije: Objavljeno
• Različica publikacije: Objavljena publikacija
• Leto izida: 2021
• Št. strani: Str. 56-98
• Številčenje: Vol. 5, iss. 2
• PID: 20.500.12556/RUL-128185
• UDK: 001.895
• ISSN pri članku: 2096-2487
• DOI: 10.1016/j.ijis.2021.05.002
• COBISS.SI-ID: 69192707
• Datum objave v RUL: 05.07.2021

Gradivo je del revije

• Naslov: International journal of innovation studies
• Skrajšan naslov: Int. j. innov. stud.
• Založnik: Elsevier
• ISSN: 2096-2487
• COBISS.SI-ID: 528555289

Licence

• Licenca: CC BY-NC-ND 4.0, Creative Commons Priznanje avtorstva-Nekomercialno-Brez predelav 4.0 Mednarodna
• Povezava: http://creativecommons.org/licenses/by-nc-nd/4.0/deed.sl
• Opis: Najbolj omejujoča licenca Creative Commons. Uporabniki lahko prenesejo in delijo delo v nekomercialne namene in ga ne smejo uporabiti za nobene druge namene.
• Začetek licenciranja: 03.07.2021

Sekundarni jezik

• Jezik: Slovenski jezik
• Ključne besede: inovacije, intelektualna lastnina, zakonodaja

Projekti

• Financer: ARRS - Agencija za raziskovalno dejavnost Republike Slovenije
• Program financ.: Raziskovalni program
• Številka projekta: P5-0128
• Naslov: Izzivi vključujočega in trajnostnega razvoja v prevladujoči paradigmi ekonomskih in poslovnih znanosti