David Popp, 26 November 2009

How will proposed increases in energy R&D funding affect other types of R&D spending? This column provides evidence that should dampen concerns about crowding out – increased R&D in response to policies designed to enhance clean-energy innovation most likely comes at the expense of R&D in dirty-energy technologies.

Bruno van Pottelsberghe de la Potterie, Nicolas van Zeebroeck, 11 October 2008

European innovators are increasingly turning to complex patent filing strategies. This column shows that such strategies pay off in patent value. But are applicants strategically abusing the filing process or turning to these methods because the current system does not meet their legitimate needs? Either symptom warrants reform.

Bruno van Pottelsberghe de la Potterie, Gaétan de Rassenfosse, 01 June 2008

Patent-based measures of innovation are often accused of reflecting the propensity to patent rather than actual research productivity. This column presents a better measure of patenting that reflects research productivity and identifies policies that affect research productivity and the propensity to patent.

Bruno van Pottelsberghe de la Potterie, 06 March 2008

Europe isn’t increasing its R&D intensity. Professor Pottelsberghe, former Chief Economist of the European Patents Office, identifies why Europe is missing its targets and looks to the R&D leaders – the US and Sweden – for policy lessons.

Paul Klemperer, 13 December 2007

No climate-change strategy will work unless it is consistent with developing countries' continued growth. So curbing emissions requires cheaper clean energy than is currently available. And that requires innovation.

Bruno van Pottelsberghe de la Potterie, 10 December 2007

Patent applications are booming, but many seem to be of low quality and/or strategically manipulated to hide the real invention within a myriad of claims. This delays the patent-granting process and hinders the system's ultimate goal of balancing incentives for knowledge creation with knowledge dissemination. Here are some ideas on how to fix the problem.

Bronwyn Hall, Grid Thoma, Salvatore Torrisi, 16 November 2007

Data on a thousand European firms show that an extra euro of R&D spending raises their 'Tobin's q' by 0.7 euros. R&D reporting, however, is not required in most European nations, so financial markets may be failing to properly value and thus reward innovative investments. One step towards the ‘knowledge economy’ would be to require Europe’s publicly-listed firms to disclose their R&D.

Rachel Griffith, John Van Reenen, Sokbae Lee, 07 September 2007

New empirical research on patent citations shows that when it comes to the flow of new ideas, distance is now dying. But for many sectors, especially in the more traditional and mature technologies, it is not yet dead; spatial agglomeration of R&D still makes sense.

Guido Tabellini, Alberto Alesina, 08 June 2007

GDP per capita is a poor measure since it leaves out home production and intangible investments. Considering these two items, however, suggests that if GDP were measured correctly, Europe’s relative decline might be even more pronounced.

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