Innovation and Firm Performance Across Portuguese Municipalities: The Role of Patents

Detalhes bibliográficos
Autor(a) principal: Oliveira, Carlos
Data de Publicação: 2022
Outros Autores: Santos, João Pereira dos, Tavares, José
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/11144/6573
Resumo: We examine a dataset, which until now remained unused, on the requests and awards of patents and industrial designs for the universe of mainland Portuguese municipalities. We use it to assess the impact of innovation on firms’ sales and value added. Using micro data firm performance by municipality for the period 2006-2012, we estimate that patents awarded impact sales and value added in the three years that follow, initially by decreasing and then by increasing financial performance indicators. The impact of innovation is most evident in value added and during crisis years. It is less evident in sales, works carried out through industrial businesses and medium and large-sized firms (measured by the number of employees). We also find that unemployment decreases, with a lag, in municipalities where the number of patents awarded increased. When we measure patents awarded with the number of patents requested and the number of tertiary education professors, we uncover a causal relation between innovation and increases in value added, and less so between innovation and sales.
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spelling Innovation and Firm Performance Across Portuguese Municipalities: The Role of PatentsRegional InnovationPatentsTrademarksPortugalWe examine a dataset, which until now remained unused, on the requests and awards of patents and industrial designs for the universe of mainland Portuguese municipalities. We use it to assess the impact of innovation on firms’ sales and value added. Using micro data firm performance by municipality for the period 2006-2012, we estimate that patents awarded impact sales and value added in the three years that follow, initially by decreasing and then by increasing financial performance indicators. The impact of innovation is most evident in value added and during crisis years. It is less evident in sales, works carried out through industrial businesses and medium and large-sized firms (measured by the number of employees). We also find that unemployment decreases, with a lag, in municipalities where the number of patents awarded increased. When we measure patents awarded with the number of patents requested and the number of tertiary education professors, we uncover a causal relation between innovation and increases in value added, and less so between innovation and sales.CICEE. Universidade Autónoma de Lisboa2023-07-31T10:00:27Z2022-12-01T00:00:00Z2022-12info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/11144/6573eng2184-898X |https://doi.org/10.26619/ERBE-2022.2.2.2Oliveira, CarlosSantos, João Pereira dosTavares, Joséinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-11T02:15:20Zoai:repositorio.ual.pt:11144/6573Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T01:32:58.793892Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Innovation and Firm Performance Across Portuguese Municipalities: The Role of Patents
title Innovation and Firm Performance Across Portuguese Municipalities: The Role of Patents
spellingShingle Innovation and Firm Performance Across Portuguese Municipalities: The Role of Patents
Oliveira, Carlos
Regional Innovation
Patents
Trademarks
Portugal
title_short Innovation and Firm Performance Across Portuguese Municipalities: The Role of Patents
title_full Innovation and Firm Performance Across Portuguese Municipalities: The Role of Patents
title_fullStr Innovation and Firm Performance Across Portuguese Municipalities: The Role of Patents
title_full_unstemmed Innovation and Firm Performance Across Portuguese Municipalities: The Role of Patents
title_sort Innovation and Firm Performance Across Portuguese Municipalities: The Role of Patents
author Oliveira, Carlos
author_facet Oliveira, Carlos
Santos, João Pereira dos
Tavares, José
author_role author
author2 Santos, João Pereira dos
Tavares, José
author2_role author
author
dc.contributor.author.fl_str_mv Oliveira, Carlos
Santos, João Pereira dos
Tavares, José
dc.subject.por.fl_str_mv Regional Innovation
Patents
Trademarks
Portugal
topic Regional Innovation
Patents
Trademarks
Portugal
description We examine a dataset, which until now remained unused, on the requests and awards of patents and industrial designs for the universe of mainland Portuguese municipalities. We use it to assess the impact of innovation on firms’ sales and value added. Using micro data firm performance by municipality for the period 2006-2012, we estimate that patents awarded impact sales and value added in the three years that follow, initially by decreasing and then by increasing financial performance indicators. The impact of innovation is most evident in value added and during crisis years. It is less evident in sales, works carried out through industrial businesses and medium and large-sized firms (measured by the number of employees). We also find that unemployment decreases, with a lag, in municipalities where the number of patents awarded increased. When we measure patents awarded with the number of patents requested and the number of tertiary education professors, we uncover a causal relation between innovation and increases in value added, and less so between innovation and sales.
publishDate 2022
dc.date.none.fl_str_mv 2022-12-01T00:00:00Z
2022-12
2023-07-31T10:00:27Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/11144/6573
url http://hdl.handle.net/11144/6573
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 2184-898X |
https://doi.org/10.26619/ERBE-2022.2.2.2
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv CICEE. Universidade Autónoma de Lisboa
publisher.none.fl_str_mv CICEE. Universidade Autónoma de Lisboa
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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