This paper compares corporate and academic patents and tests whether they have similar value and similar determinants of value. The empirical results based on an in-depth analysis of 400 biotech patents applied by Belgian universities and firms lead to the following observations :(i) the value...

This paper puts forward new potential determinants of patent value which are mainly related to the identification of institutional sources of knowledge and the geographic scope of patenting strategy. The impact of these new indicators is evaluated through an empirical analysis that focuses on...

This paper analyzes antecedents of patent activity of 87 European universities. The findings reveal that more patent activity is observed within larger universities and at universities that encompass engineering and biomedical departments. Higher levels of scientific productivity and contract...

The objective of this paper is to provide an in-depth analysis of the patenting performances of six Belgian universities over the period 1985-1999. Beside the evolution of the number of patent families, we provide insights about the potential value of these patents (through forward patent...

In the large and complex debate related to the creation, diffusion and protection of academic research results, this paper intends to understand the characteristics of academics involved in the knowledge creation as measured by publications and patents. Moreover, it aims to produce some piece of...

This paper analyses the industrial and entrepreneurial value of 334 patent families applied for by six major Belgian universities. It identifies the value determinants underlying the patent documents and highlights the positive and significant impact of collaboration and tacit scientific...

This paper analyses several issues that arise when measuring technological specialisation with patent data. Three starting choices are required regarding the data source, the statistical measure and the sectoral aggregation level. We show that the measure is highly sensitive to the data source...

This paper details a survey methodology on technology-based small firms (TBSF) in Belgium. The survey’s objective is to better understand the factors underlying the creation and development of firms with high growth potentials. In this respect it focuses on the socio-economic factors...

Using an original survey sample of 103 unquoted Belgian technology-based small firms (TBSFs), we examine the capital structure of start-up companies during their consecutive development stages. We find that internal funds, either alone as personal savings or in combination with family and...

This paper analyzes the role of patent filing fees requested by the member states of the European Patent Convention (EPC). We provide a first empirical evidence showing that the fee elasticity of the demand for priority applications is negative and significant. Given the strong variation in...