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From a firm’s perspective two competing forces are driving the decision to invest in innovation. On the one hand …, innovative performance is an important driver of profitability and growth. On the other hand, investments in innovation suffer … firms may protect their inventions by means of intellectual property rights, such as patents. By taking out a patent …
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Recent innovation literature has documented the benefits of cross-pollination of ideas across a wide set of industries …
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We study the technology sovereignty of Europe, the US, China, Japan, and Korea. By examining citations from PCT patents filed from 2000-2020, we assess the bilateral and global influence of inventions. We highlight four insights. First, the US shows superior technology sovereignty through its...
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