The vulnerability of patent value determinants
Nicolas van ZeebroeckSolvay Brussels School of Economics and Management and ECARES , Université Libre de Bruxelles , Brussels, BelgiumBruno van Pottelsberghe de la PotterieSolvay Brussels School of Economics and Management and ECARES , Université Libre de Bruxelles , Brussels, Belgium ; Bruegel , Brussels, Belgium
2011en
ABI
Abstract
This paper presents a critical survey of the literature on the determinants of patent value. The contributions to the literature are essentially two-fold. First, significant inconsistencies across existing studies are underlined. Second, a sensitivity analysis shows strong dependencies of several ‘classical’ results on two main empirical dimensions, namely the choice of the dependent variables (indicator of patent value) and the sampling methodology. The new indicators of filing strategies put forward by van Zeebroeck and van Pottelsberghe de la Potterie (this journal) turn out to be the most robust and stable determinants.
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