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100   $a20101115d2005      uy             0
101 0 $aeng
135   $aurun|||||||||
181   $ctxt
182   $cc
183   $acr
200 00$aPatent activity and technical change in US industries$b[recurso electrónico] /$fedited by Pei Syn Wee
210 31$a[Place of publication not identified]$cEmerald Group Publishing Limited$d2005
215   $a1 online resource (xx, 221 p.) $cill
225 1 $aContributions to economic analysis,$x0573-8555 ;$vv. 272
300   $aBibliographic Level Mode of Issuance: Monograph
311 1 $a1-84950-837-2 
311 1 $a0-444-51858-4 
320   $aIncludes bibliographical references and index.
327   $aIntroduction / Pei Syn Wee -- Data description / Pei Syn Wee -- Conclusion / Pei Syn Wee -- Econometric methodology / Pei Syn Wee -- Estimation and empirical results / Pei Syn Wee -- Literature review / Pei Syn Wee.
330   $aDescription innovation is universally recognized as an important source of economic growth. Patents may be considered as a potential measure of innovation. As such, patents may alter isoquant maps, and measuring their elasticities is both intuitively and empirically appealing. This book investigates the impact of U.S.A. patent activity on technical change in 35 industries given in the KLEM (Jorgenson, 1996) data set for the period 1958-1996. Four patent variables, namely total patent applications, total patents granted, unsuccessful patent applications and foreign patents granted, are introduced as technology-changing parameters into the generalized Fechner-Thurstone (GFT) production function to determine the effect on the elasticity of the marginal rate of technical substitution (MRTS) between inputs of the GFT production function over time.It is found that all four patent variables have significant impacts on the marginal rates of technical substitution between various production inputs over time, with foreign patents granted being the most 'effective' parameter, and unsuccessful patent applications the least effective. In addition, the elasticity of the MRTS between materials and energy is found to be the most affected by patent activity, and that between materials and labor the least. The extent of technical change by patent activity varies across industries. Patent activity is found to be less effective as technology changes in some traditionally high patenting industries and more effective in others, which indicates that there are significant spillover effects of patents. Patent activity is found to have the greatest impact on technical change in the metal mining industry and the least impact in the chemicals industry.
410  0$aContributions to economic analysis ;$vv. 272.
606   $aBusiness & Economics$xGeneral$2bisacsh
606   $aIntellectual property law$2bicssc
606   $aIndustry & industrial studies$2bicssc
606   $aPatent practice$xEconomic aspects$zUnited States
606   $aManagerial economics
615  7$aBusiness & Economics$xGeneral.
615  7$aIntellectual property law.
615  7$aIndustry & industrial studies.
615  0$aPatent practice$xEconomic aspects
615  0$aManagerial economics.
676   $a346.730486
701   $aMcAleer$b Michael$0118641
701   $aSlottje$b Daniel Jonathan$f1957-$0147698
701   $aWee$b Pei Syn$01336243
801  0$bUtOrBLW
801  1$bUtOrBLW
906   $aBOOK
912   $a9910672234203321
996   $aPatent activity and technical change in US industries$93052237
997   $aUNINA