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This article sets out to investigate the relationship between the knowledge spillovers and the potential for high-value inventions to emerge. We study knowledge spillovers through the lens of knowledge networks: a web of interrelated knowledge elements with structural patterns. Knowledge spillovers influence the productivity of a technology sector and hence their pattern should impact the pathways for knowledge appropriation in the sector. It is hypothesized that a robust knowledge network is associated with knowledge appropriation leading to valuable inventions. We test the hypothesis using patent citation network of 1821 patents from 78 inventions belonging to two different technological sectors. Based upon the findings, we suggest network robustness as a new metric for determining the technical value of inventions. [ABSTRACT FROM AUTHOR]

Urban agglomeration is an important correlate to regional innovation. Large population centers pool knowledge workers and facilitate spillovers essential to innovative activity. And large populations provide more cost-effective locations for non-labor inputs to innovation, including local infrastructure that may facilitate innovative activity. However, university locations may also agglomerate these innovative inputs, even absent the agglomerative effects of large populations. Regional policymakers may find it useful to differentiate between various correlates to innovation. This paper exploits the collinearity of universities and population with regional human capital to apportion the relationship between these regional correlates of innovation into human-capital related and non-human-capital related channels. We identify a correlation between universities and regional innovation that reects a relationship between innovation and regional human capital correlated with university presence. None of this relationship can be apportioned to factors correlated with university presence and uncorrelated with local human capital. A key methodological contribution of this paper is the analytical framework, which can be extended to a larger number of aggregate factors and causal channels. [ABSTRACT FROM AUTHOR]

Purpose -- The purpose of this paper is to investigate the connection between university research and technological capital developed by science park (SCP) firms in order to elucidate whether the causal linkage is owing to non-pecuniary research spillovers or pecuniary technology transfer activities. Design/methodology/approach -- Two publicly available surveys, one dealing with the research and transfer activities of 45 Spanish universities and another with the patenting activities of 44 Spanish SCPs, are matched in such a way that hypotheses can be tested using regression analysis. Findings -- The patenting performance of SCP firms is positively related to the competitive R&D projects undertaken by the universities to which they are affiliated and negatively related to the technology transfer activities carried out by those universities. These findings suggest that the scientific knowledge produced by universities principally contributes to private technology-based firms' technological capital through non-pecuniary research spillovers, whereas the pecuniary technology transfer agreements remain uncertain or may even prove to be detrimental. Practical implications -- Firms that are considering locating or remaining in a university-affiliated SCP should be aware that the university's pecuniary orientation when managing its intellectual capital may become a barrier as regards the firm filling its technological capital shortages. From a university administrator perspective, the complementary or substitute role of technology transfer offices vis-a-vis SCPs should be considered in the light of the selling or revealing approach adopted by the university in order to commercialize and diffuse potential inventions. Originality/value -- This study contributes to existing literature by shedding light on the causal linkage between university research and firm innovation, obtaining evidence in favor of an upstream, non-pecuniary and revealing role of universities in support of the accumulation of technological capital amongst SCPs tenant firms. [ABSTRACT FROM AUTHOR]

This paper explores the decision of small- and medium-sized enterprises (SMEs) to participate in official standard setting alliances. Based on micro data of German firms in the electrical engineering and machinery industry, we show that innovation-related variables follow the predictions of our hypotheses. Research and development (R&D) intensity exhibits an inverse U-shaped relationship on the likelihood to join alliances. The positive relation suggests that SMEs aim to access the knowledge of larger firms whereas the negative relationship indicates that SMEs exceeding a certain threshold of R&D activity are reluctant to participate in standardization because their knowledge is too essential to disclose to competitors. The importance to access external knowledge via standardization committees is underlined by a positive correlation with the relevance of incoming knowledge spillovers and a negative correlation with the relative size of companies’ patent portfolios. Besides these variables, we also explore the traditionally considered factors for alliance formation and show that firm size and export intensity are positively correlated with participation. [ABSTRACT FROM PUBLISHER]

Purpose – Fusion of new technologies and convergence has led to the emergence of new industries. This paper aims to present experiences of the concept of convergence from a patent citation analysis viewpoint. The main objective of the paper is to develop a tool for anticipating the emerging new industry segments.Design/methodology/approach – The patent analysis methods have been used to get an idea of the stage of new industry segment in the intersection of the paper and electronics industries. The authors distinguish self-citations from external citations, and further divide citations into two groups: within the industry and beyond the industry. Backward citations are used to evaluate the spill-overs between industries and forward citations are used to evaluate the significance of technology-based industry transformation.Findings – The recognized trends of the trajectory changes and growing overlaps of technological fields show indications for possible convergence between industries. Differentiating between external and self-citations within and beyond industry citations helps to provide more comprehensive prospects of a future technology competitive environment.Research limitations/implications – This study evaluated technology development in converging environments. It would be a scientifically significant contribution if the novel patent analysis methods could be used effectively for creating understanding in advance about the technology development and industry convergences.Originality/value – The presented patent citation methodology provides new insights into the analysis of industry evolution, technological innovations and business development related to converging industries and technologies. [ABSTRACT FROM AUTHOR]

The purpose of this paper is to establish if Marshallian and Jacobian knowledge spillovers affect job creation in the green energy sector. Whether these two effects exist is important for the number of jobs created in related fields and jobs pushed away in other sectors. In the analysis, the production efficiency, in terms of jobs and job spillovers, from inventions in solar, wind and energy efficiency, is explored through data envelopment analysis (DEA), based on the Malmquist productivity index, and tobit regression. A panel dataset of American and European firms over the period of 2002–2017 is used. The contribution to the literature is to show the role of the spillovers from the same technology sector (Marshallian externalities), and of the spillovers from more diversified activity (Jacobian externalities). Since previous empirical evidence concerning the innovation effects on the production efficiency is yet weak, the paper attempts to bridge this gap. The empirical findings suggest negative Marshallian externalities, while Jacobian externalities have no statistical impact on the job creation process. The findings are of strategic importance for governments who are developing industrial strategies for renewable energy. [ABSTRACT FROM AUTHOR]

We apply a Bayesian hierarchical Poisson spatial interaction model to the paper trail left by patent citations between high-technology patents in Europe to identify and measure spatial separation effects of interregional knowledge flows. The model introduced here is novel in that it allows for spatially structured origin and destination effects for the regions. Estimation of the model is carried out within a Bayesian framework using data augmentation and Markov Chain Monte Carlo (MCMC) methods, related to recent work in Frühwirth-Schnatter and Wagner (2004 ). This allows MCMC sampling from well-known distribution families, and thus provides a substantial improvement over MCMC estimation based on Metropolis-Hastings sampling from non-standard conditional distributions. Hemos aplicado un modelo de interacción espacial de Poisson Bayesiano jerárquico a la siguiendo la pista a documentación que menciona otras patentes entre patentes de alta tecnología en Europa para identificar y medir efectos de separación espacial de flujos de conocimiento interregionales. El modelo aquí introducido es novedoso en cuanto a que admite efectos de origen y destino espacialmente estructurados para las regiones. La estimación del modelo se lleva a cabo bajo un marco Bayesiano usando métodos de aumento de datos y Monte Carlo basado en cadenas de Markov (MCMC), relacionado con investigación reciente de Frühwirth-Schnatter y Wagner (2004). Esto permite el muestreo MCMC de familias de distribución bien conocidas, proporcionando así una mejora substancial sobre estimaciones MCMC basadas en muestreo Metropolis-Hastings de distribuciones condicionales no estándar. [ABSTRACT FROM AUTHOR]