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The power of patents : measuring the socio-economic impact of patents developed at the University of Twente

Bhansing, Reshma V. (2013) The power of patents : measuring the socio-economic impact of patents developed at the University of Twente.

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Abstract:This study measures the socio-economic impact of patents which are developed at the University of Twente. The study is part of the RIS project which is organized by NL Octrooicentrum. The measurement on socio-economic impact shows whether patents, which were developed at University of Twente, have a positive influence on employment, involvement on process and new product development, regional prosperity and the chance of getting loans. The data that is used in this study originated from EPO World Wide Statistical Database. Fourteen out of thirty-three questionnaires were returned and analysed. The results show that there is not enough evidence to state that the patents have an influence on employment and the chance of getting loans. The patents of the University of Twente do have a positive impact on the involvement on process and new product development. The patents also have a limited influence on regional prosperity. These findings show that patents created at the University of Twente play a relevant role when considering the socio-economic impact, especially on innovation. Firms using patents developed at the University of Twente are highly involved in process and new product development. This means that the collaboration with universities definitely benefits the stimulation of innovative activities in the in The Netherlands.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:https://purl.utwente.nl/essays/63008
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