For more than 40 years, governments and professional associations have acted, voted or lobbied against the implementation of the Community Patent (COMPAT). The econometric results and simulations presented in this paper suggest that, thanks to its attractiveness in terms of market size and a...

This paper re-visits the empirical failure to establish a clear link between R&D efforts and patent counts at the industry level. It is claimed that the "propensity-to-patent" concept should be split into an "appropriability propensity" and a "strategic propensity". The empirical contribution is...