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The rise of international co-invention

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  • The rise of international co-invention
  • Branstetter, Lee; Li, Guangwei; Veloso, Francisco
  • National Bureau of Economic Research


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Title The rise of international co-invention
Similar Titles
Material Type Reports
Author(English)

Branstetter, Lee; Li, Guangwei; Veloso, Francisco

Publisher

[Cambridge]:National Bureau of Economic Research

Date 2013-10
Pages 53
Subject Country China(Asia and Pacific)
India(Asia and Pacific)
South Korea(Asia and Pacific)
Taiwan(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Economy < Economic Administration
Holding National Bureau of Economic Research

Abstract

The rapid rise of India and China as innovating nations seems to contradict conventional views of the economic growth and development process. India and China are still at the early stages of development, yet advanced nations are granting rapidly growing numbers of patents to inventors based in these countries. Our analysis of U.S. patents shows that a majority of these patents are granted to local inventor teams working for foreign multinationals. An important fraction of these patents incorporate direct intellectual inputs from researchers outside India or China, a trend that we characterize as "international co-invention." As such, the international patenting surge of India and China does not represent a challenge to traditional models of growth and development, so much as it represents a move toward an expanded international division of labor within global R&D networks. We explore these issues with a focus on multinational R&D in India.

User Note

This chapter is a preliminary draft unless otherwise noted. It may not have been subjected to the formal review process of the NBER. This page will be updated as the chapter is revised.