Assoc. Professor Paul H. Jensen

Principal Research Fellow
Melbourne Institute of Applied Economic and Social Research, and
Intellectual Property Research Institute of Australia (IPRIA), University of Melbourne.

Tel: +61 3 8344 2117
Fax: +61 3 8344 2111
Email: pjensen@unimelb.edu.au

Curriculum Vitae: CV

Paul joined the Melbourne Institute in September 2003. His current research interests are innovation, industry dynamics, health economics, climate change, and contract design. Much of his research has a strong public policy focus, and has been published in leading journals such as Oxford Economic Papers, Economics Letters, Health Economics, Oxford Review of Economic Policy, Industrial and Corporate Change, Journal of Economic Surveys, Australian Economic Review, and The Economic Record. In addition, he has undertaken commissioned research for IBM, the OECD, the European Commission, Asialink and the Victorian Department of Premier and Cabinet.

Most of his research papers can be downloaded from SSRN: http://ssrn.com/author=84996

Current Projects

The Market for Technology in Australia

Determinants of Successful Commercialisation: Evidence from a Survey of Australian Inventors

The Effects of Patenting on the Scientific Environment

Recent Research Output

Books

Jensen, P.H. (2007). Public Sector Outsourcing Contracts: The Impact of Uncertainty, Incentives and Transaction Costs on Contractual Relationships, VDM Press.

Journal Articles

Buddelmeyer, H., Jensen, P.H. and Webster, E. (2009). “Innovation and the determinants of company survival”, Oxford Economic Papers (forthcoming).

Jensen, P.H., Webster, E. and Witt, J. (2009). “Hospital type and patient outcomes: An empirical examination using AMI re-admission and mortality records”, Health Economics 18(12), 1440-60.

Jensen, P.H. and Stonecash, R.E. (2009). “Contract type and the cost of provision: Evidence from maintenance services contracts”, Fiscal Studies 30(2), 279-96.

Jensen, P.H. and Webster, E. (2009). “Knowledge management: does capture impede creation?”, Industrial and Corporate Change18(4), 701-27.

Scott, A., Schurer, S., Jensen, P.H., and Sivey, P. (2009). “The effects of financial incentives on quality of care: The case of diabetes”, Health Economics 18(9), 1091-1108.

Jensen, P.H. and Webster, E. (2009). “Another look at the relationship between innovation proxies ”, Australian Economic Papers 48(3), 252-69.

Palangkaraya, A., Jensen, P.H. and Webster, E. (2008). “Applicant behavior in examination request lags”, Economics Letters101, 243-45.

Jensen, P.H., Palangkaraya, A. and Webster, E. (2008). “Application outcomes and pendency times across four patent offices”, Australian Intellectual Property Journal 19, 178-190.

Jensen, P.H., Webster, E. and Buddelmeyer, H. (2008). “Innovation, technological conditions and new firm survival”, The Economic Record 84, 434-48.

Jensen, P.H. and Webster, E. (2008). “Labelling characteristics and demand for retail grocery products in Australia”, Australian Economic Papers 47(2), 129-40.

Jensen, P.H. and Webster, E. (2007). “Is Stern correct? Does climate change require policy action?”, Australian Economic Review 40(4), 421-31.

Webster, E., Palangkaraya, A., and Jensen, P.H. (2007). “Characteristics of international patent application outcomes”, Economics Letters 95, 362-68.

Working Papers (not yet published as journal articles)

Jensen, P.H., Thomson, R.K. and Yong, J.S. (2009). “Estimating the patent premium: Evidence from the Australian Inventor Survey”, IPRIA Working Paper 11/09, University of Melbourne.

Webster, E. and Jensen, P.H. (2009). “Do patents matter for commercialization?”, IPRIA Working Paper 03/09, University of Melbourne.

Buddelmeyer, H., Jensen, P.H., Oguzoglu, U. and Webster, E. (2008). “Fixed effects bias in panel data estimators”, IZA Discussion Paper 3487, May. See http://www.iza.org/

Jensen, P.H., Palangkaraya, A. and Webster, E. (2008). "Misclassification in patent offices", IPRIA Working Paper 02/08, University of Melbourne. (Pdf file)

Book Chapters/Reports

Jensen, P.H., Leahy, A. and Webster, E. (2008), IBM-Melbourne Institute Innovation Index of Australian Industry. For a copy, see http://www-03.ibm.com/press/au/en/presskit/24599.wss

Jensen, P.H. and Webster, E. (2007). Inter-generational Justice, Discount Rates and Climate Change. A Report Commissioned for the Garnaut Climate Change Review, Department of Premier and Cabinet, Victoria.

Jensen, P.H. and Palangkaraya, A. (2006). “Company intellectual property scoreboards: An Australian perspective”, in Bosworth, D. and Webster, E. (eds.) The Management of Intellectual Property, Edward Elgar Press. (Pdf file)

Dent, C., Jensen, P.H., Waller, S. and Webster, E. (2006). Research Use of Patented Knowledge: A Review, STI Working Paper 2006/2, Directorate for Science, Technology and Industry, Organisation for Economic Cooperation and Development, Paris. (Pdf file)

Submissions to Government Inquiries

Jensen, P.H., Palangkaraya, A. and Webster, E. (2006), Submission to the Productivity Commission Review of Public Support for Science and Innovation, July. (Pdf file)

Conference/Seminar Presentations

"Estimating the patent premium: Evidence from the Australian Inventor Survey, European Policy for Intellectual Property (EPIP) Association, Bologna, 24-25th September 2009.

“Patent quality and misclassification”, presentation at the European Policy for Intellectual Property (EPIP) Conference, Berne, Switzerland, 3-4th October 2008.

“Hospital type and patient outcomes: An empirical examination using AMI re-admission and mortality records” , Department of Applied Economics, Erasmus University, Rotterdam, 30th September 2008.

“Hospital type and patient outcomes: An empirical examination using AMI re-admission and mortality records” , Health Economics Research Unit (HERU), University of Aberdeen, 23rd September 2008.

“Knowledge management: Does capture impede creation?”, European Summer School on Industrial Dynamics (ESSID), Monte Saint Angelo, Italy, 1-6th September 2008.

“Innovation, technological conditions and new firm survival”, Entrepreneurship, Institutions and Policies: The 2007 Ratio Colloquium for Young Social Scientists, Stockholm, 24-26th August 2007.

“Innovation, technological conditions and new firm survival”, European School of New Institutional Economics (ESNIE) Workshop, Cargese, Corsica, 21-25th May 2007.

Newspaper Articles

Jensen, P. and Webster, E. (2009). “How important are patents for commercializing inventions?”, Australasian Science October, 35-36.

Jensen, P. and Webster, E. (2008). “Necessity: mother of innovation”, Australian Financial Review, 25 th August, p.63.

Jensen, P. and Webster, E. (2007). “Making a measure for all innovation", The Age, 9th May, Business Day section, p.14.

Jensen, P.H. and Webster, E. (2006). “Bright ideas needed to harness creativity”, Australian Financial Review, 10th August, p.63 (Also published in Australian R&D Review as “The problem with patents”, September).

Weatherall, K.G. and Jensen, P.H. (2005). “Patents system is a lottery, but it's working well”, Australian Financial Review, 19th October, p.71.