This paper investigates whether patent counts can be taken as indicators of macroeconomic innovation performance. The empirical model explicitly accounts for the two components of patenting output: research productivity and patent propensity. The empirical analysis aims at explaining the...

This paper decomposes the R&D-patent relationship at the industry level to shed light on thesources of the worldwide surge in patent applications. The empirical analysis is based on aunique dataset that includes 5 patent indicators computed for 18 industries in 19 countriescovering the period...

This paper investigates whether patent counts can be taken as indicators of macroeconomic innovation performance. The empirical model explicitly accounts for the two components of patenting output: research productivity and patent propensity. The empirical analysis aims at explaining the...