This paper describes a new patent-based indicator of inventive activity. The indicator is based on counting all the priority patent applications filed by a country’s inventors, regardless of the patent office in which the application is filed, and can therefore be considered as a complete...

This paper decomposes the R&D-patent relationship at the industry level to shed light on the sources of the worldwide surge in patent applications. The empirical analysis is based on a unique dataset that includes 5 patent indicators computed for 18 industries in 19 countries covering the period...