The Value and Determinants of Innovation

This project

1. Estimates the effects that differential rates of IP activity has on key indicators of firm's performance using a large cross sectional (unit record) time series model of enterprises.

Papers produced under this project include:

Christine Greenhalgh and Mark Rogers, Trade Marks and Market Value in UK Firms, PDF format (244K)

William E. Griffiths, Paul H. Jensen and Elizabeth Webster, The Effects on Firm Profits of the Stock of Intellectual Property Rights, PDF format (289K).

William Griffiths and Elizabeth Webster, Trends in the Value of Intellectual Property in Australia. Published in The management of intellectual property, (2006) Eds. D. Bosworth and E. Webster, Cheltenham, UK and Brookfield, US: Edward Elgar.

2. Construct a large cross sectional (unit record) time series model of enterprises to estimate the major factors determining patenting, the registration of trademarks and, to the extent permitted by the data, designs. The motivation for the project is to understand what sort of firms are most likely to seek IP protection. This may relate to the characteristics of the technology, the market, the size of the enterprise or pervious experience with IP. Knowing the main determinants of IP will assist policy makers understand the role IP has in promoting inventions and innovation across the economy.

Papers produced under this project include:

Christine Greenhalgh and Mark Rogers, Intellectual Property Activity by Service Sector and Manufacturing Firms in the UK, 1996-2000, PDF format (221K)

William Griffiths and Elizabeth Webster, The Determinants of Research and Development and Intellectual Property Usage among Australian Companies, 1989 to 2002, PDF format (236K)

Elizabeth Webster, Firms' Decisions to Innovate and Innovation Routines, PDF format (169K), (published as Webster, E. (2004) Firms Decisions to Innovate and Innovation Routines, Economics of Innovation and New Technology, 13(8), 733-45. )

Paul H. Jensen and Elizabeth Webster, SMEs and Their Use of Intellectual Property Rights in Australia, PDF format (342K). Published as Jensen, P. H. and Webster, E. (2006) Firm size and the Use of Intellectual Property Rights, Economic Record. March.

Bee Yan Aw and Alfons Palangkaraya, Local Knowledge Spillovers in the Indonesian Manufacturing Industry, PDF format (165K)

For further information on these papers or the data sets used please contact Professor Elizabeth Webster on [email protected]

Industrial Economics team members