PRESS-NEWS.org - Press Release Distribution
PRESS RELEASES DISTRIBUTION

A study analyzes the actual role of R+D's in patents

A study analyzes the actual role of R+D's in patents
2011-04-26
(Press-News.org) This release is available in Spanish.

For some time now there has been a certain degree of controversy regarding the effect of patents on the competitiveness of an economy. There are those who maintain that innovation is reduced when rights to a monopoly are given to a patent holder for a period of time, while others believe that it is the compensation necessary so that firms invest in R+D without having others take advantage of the innovations. The aim of the work of these researchers is to study the relationship between R+D and patents in a general context to be able to determine what effect innovation and development have on the likelihood of firms obtaining a patent. "Specifically, we analyze the nonlinear and dynamic effects of R+D after controlling for significant collateral effects of innovations on other firms, firm size, and secret innovations," commented one of the authors of this study, Álvaro Escribano, Full Professor at the UC3M Department of Economics, who has published this study in conjunction with Szabolcs Blazsek (currently at Universidad de Navarra) in the Journal of Econometrics, one of the most important international journals in the field of Economics.

In order to carry out this study, these researchers have developed sophisticated econometric and probabilistic models with 22 years of observations (from January 1979 to June 2000) from the most important patent office in the world (USPTO) with information on 560,000 patents and 4,500 firms in the United States. The latent factors in this context are those unobservable innovations that companies keep secret. "We have been able to estimate for the first time the effects that unobservable components have and they are significant. This has allowed us to consistently estimate the stable and nonlinear relationship between R+D and the likelihood of obtaining a patent, controlling for endogeneity," Profesor Escribano pointed out.

Quality patents

Among the main conclusions drawn is that the effects of R+D on patents are not constant, but rather they depend on the quality of the patent. That is, the higher the number of citations that the patents has, the greater the effect of R+D on future innovations. "We have seen that the number of patents that firms request does depend on R+D, but also on the quantity of patents that have been granted in the past," Escribano explained. "For that reason, the earlier firms begin the innovative process, the higher the number of patents that will be obtained through the increase in the capacity to absorb new ideas," he continued. In addition, according to the researchers, it would be a good idea to reduce the number of the firm's secret innovations, because it reduces the positive collateral effects that one firm has upon others, thereby discouraging global innovation.

Spain and it universities are at the rear of the EU countries with regard to the number of patents. "Innovation is the main source of growth and the number of patents is strictly related to the innovation and productive capacity of a country," Escribano asserted. This article contains precisely some of the chief advantages of patents, such as fomenting inventive activity, and the fact that they are standardized documents that have barely changed over time and are available in many countries during long periods of time. "The main advantage is the generalized diffusion of the innovation in the patent's description, which increases the positive collateral effects on the productivity of other firms and on the economy in general," the researchers concluded.



INFORMATION:


[Attachments] See images for this press release:
A study analyzes the actual role of R+D's in patents

ELSE PRESS RELEASES FROM THIS DATE:

Book Marketing, The 'Authors Marketing Powerhouse', Announces The Authors Show Lineup For The Week Of April 25, 2011

2011-04-26
Don McCauley of the Free Publicity Focus Group and Danielle Hampson of eBroadcastMedia.com, founders of Book Marketing, announced today The Authors Show radio and TV weekly broadcast schedule. Book Marketing, branded as 'The Authors Marketing Powerhouse', allows authors and publishers the opportunity to upload photos, bios, book covers, video and book trailers. The site also offers discussion forums, segmented special interest groups and allows for event listings. Each author can develop a personalized page. In addition the site allows for integration with Facebook and ...

Mafiz Ali's Royal Wedding Menu at Ayr Spice Indian Restaurant

2011-04-26
Celebrity TV chef Mafiz Ali is preparing a sumptuous feast at his Ayr Spice Indian Restaurant in Minishant, South Ayrshire for customers old and new to celebrate the Royal Wedding of Prince William and Kate Middleton this week. It will be a banquet fit for a future King and Queen. Ayr Spice Indian Restaurant, Minishant, South Ayrshire, Scotland Royal Wedding Menu Available Friday and Saturday 29/30 April 2011 GBP24.95 including welcome drink! Choice of drink and papadoms with chutneys on arrival STARTERS Royal Mixed Platter - Mixed dishes Royal ...

Radar shows promise for detecting concussions in athletes and soldiers

Radar shows promise for detecting concussions in athletes and soldiers
2011-04-26
Walking and thinking at the same time can be especially difficult for persons who've suffered concussions, and scientists hope to use that multitasking challenge -- measured by a simple radar system -- to quickly screen individuals who may have suffered brain injuries. By asking an individual to walk a short distance while saying the months of the year in reverse order, researchers at the Georgia Tech Research Institute (GTRI) can determine if that person is impaired and possibly suffering from a concussion. This simple test, which could be performed on the sideline of ...

IntelliVocab 1.5 Released to Improve English Vocabulary Interactively

2011-04-26
Faqden Labs is pleased to announce IntelliVocab 1.5 (formerly PowerVocab), an application for iOS devices which personalizes the English vocabulary learning for competitive exams and personal improvement. Being designed by students of MIT, IntelliVocab 1.5 is based on the latest research from MIT Computer Science and Web Semantics Lab allowing users to master English vocabulary in the most effective way. IntelliVocab completely controls the learning environment, so that users do not have to plan the learning approach. All they need to do is interact. Powerful enough ...

New perspectives on ion selectivity

New perspectives on ion selectivity
2011-04-26
The latest Perspectives in General Physiology series examines the ion selectivity of cation-selective channels and transporters. The series appears in the May 2011 issue of the Journal of General Physiology (www.jgp.org). According to Perspectives Editor Olaf Andersen in his introduction, a key tool in most recent studies on ion selectivity has been the so-called "toy models," which emphasize the fluid-like features of the selectivity filter and allow for the isolation of key features. Although proteins may indeed be fluid-like at small-length scales, however, they show ...

Cyara Solutions Continues Expansion into EMEA to Meet Growing Demand for a Better Contact Center Experience.

2011-04-26
Cyara, a pioneer of next-generation solutions for simulating, testing and monitoring interactive voice response (IVRs) and contact center systems, today announced further expansion into Europe, Middle East and Africa (EMEA) with the opening of a dedicated EMEA office headquartered in London. The company also announced the opening of a United Kingdom-based data center and appointed Nick Duggan as director of sales EMEA to develop and support its rapidly expanding customer base in the region which includes Vodafone, Sky and Nationwide Building Society. The Cyara Solution ...

ACC/AHA issue first clinical guidance for controlling high blood pressure in the elderly

2011-04-26
Hypertension is very common among older adults. 64 percent of older men and 78 percent of older women have high blood pressure, placing them at heightened risk for heart disease including heart failure, stroke, coronary artery disease and atrial fibrillation, as well as chronic kidney disease and diabetes mellitus. Despite its prevalence, rates of blood pressure control remain substantially lower in the elderly than in younger patients. In fact, over age 80, only one in three men and one in four women have adequate control of their blood pressure. Faced with an aging patient ...

Protein levels could signal that a child will develop diabetes

Protein levels could signal that a child will develop diabetes
2011-04-26
AUGUSTA, Ga. – Decreasing blood levels of a protein that helps control inflammation may be a red flag that could help children avoid type 1 diabetes, researchers say. Georgia Health Sciences University researchers are looking at blood levels of interleukin-1 receptor antagonist, or IL-1ra, in children being closely followed because their genes put them at risk for type 1 diabetes. They also are looking at diabetic mice missing IL-1ra to see how the protein deficiency affects immune function and destruction of insulin-producing islet beta cells. "We want to know if we ...

Researchers report widespread use of medications among pregnant women

2011-04-26
(Boston) – Researchers from Boston University's Slone Epidemiology Center, in collaboration with the Centers for Disease Control and Prevention (CDC) and Harvard School of Public Health, have reported widespread and increasing medication use among pregnant women. The study, which currently appears online in the American Journal of Obstetrics and Gynecology, also found that medication use varied by socioeconomic status, maternal age, race/ethnicity and state of residence. Although a number of antenatal medication exposures are known to cause birth defects, there is insufficient ...

Conservation of coastal dunes is threatened by poorly designed infrastructure

Conservation of coastal dunes is threatened by poorly designed infrastructure
2011-04-26
Although the dune ecosystem is unusual, fragile and is protected by the "habitats" directive of the network Natura 2000, its conservation is very vulnerable to the proliferation of car parks, nearby buildings and inadequate boardwalks installed for protection or beach access. Researchers at the University of Seville (UoS) have published a study in the Journal of Coastal Research of human impact on the natural dunes at two sites in the Gulf of Cádiz, specifically in the protected areas of La Flecha Litoral in El Rompido and Enebrales in Punta Umbria, both in Huelva province. ...

LAST 30 PRESS RELEASES:

New study shows biochar’s electrical properties can influence rice field methane emissions

Guangdong faces largest chikungunya outbreak on record

Tirzepatide improves blood sugar control in children aged 10-17 years with type 2 diabetes inadequately controlled on existing therapies (SURPASS-PEDS trial)

An old drug, in a low dose, shown to be safe and effective in preventing progression of type 1 diabetes in children and young people (MELD-ATG trial)

Study reports potential effects of verapamil in slowing progression of type 1 diabetes

Fresh hope for type 1 diabetes as daily pill that slows onset confirms promise at 2-year follow-up

New estimates predict over 4 million missing people who would be alive in 2025 if not for inadequate type 1 diabetes care

So what should we call this – a grue jay?

Chicago Quantum Exchange-led coalition advances to final round in NSF Engine competition

Study identifies candidates for therapeutic targets in pediatric germ cell tumors

Media alert: The global burden of CVD

Study illuminates contributing factors to blood vessel leakage

What nations around the world can learn from Ukraine

Mixing tree species does not always make forests more drought-resilient

Public confidence in U.S. health agencies slides, fueled by declines among Democrats

“Quantum squeezing” a nanoscale particle for the first time

El Niño spurs extreme daily rain events despite drier monsoons in India

Two studies explore the genomic diversity of deadly mosquito vectors

Zebra finches categorize their vocal calls by meaning

Analysis challenges conventional wisdom about partisan support for US science funding

New model can accurately predict a forest’s future

‘Like talking on the telephone’: Quantum computing engineers get atoms chatting long distance

Genomic evolution of major malaria-transmitting mosquito species uncovered

Overcoming the barriers of hydrogen storage with a low-temperature hydrogen battery

Tuberculosis vulnerability of people with HIV: a viral protein implicated

Partnership with Kenya's Turkana community helps scientists discover genes involved in adaptation to desert living

Decoding the selfish gene, from evolutionary cheaters to disease control

Major review highlights latest evidence on real-time test for blood – clotting in childbirth emergencies

Inspired by bacteria’s defense strategies

Research spotlight: Combination therapy shows promise for overcoming treatment resistance in glioblastoma

[Press-News.org] A study analyzes the actual role of R+D's in patents