The Impact of Public R&D Investments on Patenting Activity: Technology Transfer at the U.S> Environmental Protection Agency

Albert Link, Cody Morris () and Martijn van Hasselt
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Cody Morris: University of North Carolina at Greensboro, Department of Economics

No 18-8, UNCG Economics Working Papers from University of North Carolina at Greensboro, Department of Economics

Abstract: This paper presents estimates of the impact of public R&D on patenting activity at the U.S. Environmental Protection Agency (EPA). Using a time series of public sector agency data, we estimate the per-capita R&D elasticity of new patent applications using a knowledge production function framework model that is an expanded version of what other scholars have used with private sector data. New patent applications are an important step in the technology transfer activities of a federal agency. We estimate this elasticity to be about 2.0. This elasticity value represents an initial estimate of the impact of EPA’s R&D investments on its technology transfer activity.

Keywords: R&D; Patents; Technology transfer; Knowledge production function; Environmental Protection Agency (search for similar items in EconPapers)
JEL-codes: C51 O33 O38 O44 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2018-10-23
New Economics Papers: this item is included in nep-env, nep-ino, nep-ipr and nep-knm
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Citations: View citations in EconPapers (2)

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Journal Article: The impact of public R&D investments on patenting activity: technology transfer at the U.S. Environmental Protection Agency (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:uncgec:2018_008

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