tag:blogger.com,1999:blog-7923005810906159036.post399170114865534091..comments2024-03-27T12:49:05.975+00:00Comments on IP finance: Patent Data and Innovation: Once Again, So Much and Yet So LittleAnne Fairpohttp://www.blogger.com/profile/02579190868405783459noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7923005810906159036.post-9753933173288317832010-10-11T10:43:11.006+01:002010-10-11T10:43:11.006+01:00The real issue may be that patent data is the best...The real issue may be that patent data is the best we can do... the data is relatively uniform across jusridictions, widely translate, easy to search, free, etc.<br /><br />What other sources of data and information do you propose we use to measure innovation?Kate Shorehttp://www.ipcg.comnoreply@blogger.comtag:blogger.com,1999:blog-7923005810906159036.post-47270332340030137162010-10-11T03:20:54.305+01:002010-10-11T03:20:54.305+01:00Neil,
An excellent analysis and healthy exercise ...Neil,<br /><br />An excellent analysis and healthy exercise of critical thinking. Let's-jump-to-conclusions-that-may-attract-more-readers (or appease current ones) seems to be the editorial line of some respected sacred cows of economic journalism. <br /><br />The lack of causal relationship between more patenting and more innovation is plainly bad argumentation (the old and still memorable "post hoc ergo propter hoc").<br /><br />Serious research on IPR and innovation is badly needed. More than 50 years after Machlup's study we continue to "muddle through".<br /><br />MaximilianoMaximiliano Marzetti, PhDhttps://www.blogger.com/profile/16638298429302024789noreply@blogger.comtag:blogger.com,1999:blog-7923005810906159036.post-83357223983082089712010-10-10T12:48:20.054+01:002010-10-10T12:48:20.054+01:00Neil
As you and I know well, patent filings mean ...Neil<br /><br />As you and I know well, patent filings mean nothing unless they are coupled with an analysis of the attendant business strategy. Moreover, patent filings have little to do with innovation--innovation relates to things that get to the marketplace and make money, and need not be patented. If only 3% of patents make money (and it is probably about this number), then it can be said that patent filing information is only 3% directional in relation to innovation.<br /><br />So, looking at patent filing data in the abstract is useless information. Unfortunately, few others recognize this, and there will be much groaning and gnashing of teeth over this "deep analysis" from the respected press outlet of the Economist. And, people will respond as they always do--by making erroneous conclusions about the state of innovation in Asia and elsewhere.Anonymoushttps://www.blogger.com/profile/12023310886433949839noreply@blogger.com