Can institutional forces create competitive advantage? An empirical examination of environmental innovation

We examine institutional pressures as antecedents of environmental innovation. Drawing on institutional theory and a resource-based view of the firm, we argue that regulatory and normative forces influence companies' propensity to innovate in environment-related projects. Furthermore, we suggest that this relationship is contingent on the availability and specificity of the companies' resources. These relationships were tested using environmental patents and citations of 340 publicly-traded companies from polluting industries in the U.S. Results suggest that institutional pressures can be a source of competitive advantage, and regulatory forces are becoming more strongly associated with environmental innovations as the intensity of companies' R&D activities increase.environmental innovation; institutional theory; resource-based view;

A Theory of Growth and Volatility at the Aggregate and Firm Level

This paper presents an endogenous growth model that explains the evolution of the first and second moments of productivity growth at the aggregate and firm level during the post-war period. Growth is driven by the development of both (i) idiosyncratic R&D innovations and (ii) general innovations that can be freely adopted by many firms. Firm-level volatility is affected primarily by the Schumpeterian dynamics associated with the development of R&D innovations. On the other hand, the variance of aggregate productivity growth is determined mainly by the arrival rate of general innovations. Ceteris paribus, the share of resources spent on development of general innovations increases with the stability of the market share of the industry leader. As market shares become less persistent, the model predicts an endogenous shift in the allocation of resources from the development of general innovations to the development of R&D innovations. This results in an increase in R&D, an increase in firm-level volatility, and a decline in aggregate volatility. The effect on productivity growth is ambiguous. On the empirical side, this paper documents an upward trend in the instability of market shares. It shows that firm volatility is positively associated with R&D spending, and that R&D is negatively associated with the correlation of growth between sectors which leads to a decline in aggregate volatility.

Initial specification of the evaluation tasks "Use cases to bridge validation and benchmarking" PROMISE Deliverable 2.1

Evaluation of multimedia and multilingual information access systems needs to be performed from a usage oriented perspective. This document outlines use cases from the three use case domains of the PROMISE project and gives some initial pointers to how their respective characteristics can be extrapolated to determine and guide evaluation activities, both with respect to benchmarking and to validation of the usage hypotheses. The use cases will be developed further during the course of the evaluation activities and workshops projected to occur in coming CLEF conferences

Traces of prior art. An analysis of non-patent references found in patent documents.

Research in the area of innovation has pointed out the relevance of conceiving innovation as processes in which a multitude of actors and a variety of interactions play a role. Integrative notions like (national) innovations systems, (techno-scientific) networks, or the triple helix metaphor, have been widely accepted as relevant to grasp the complexities entailed. This development highlights the need for indicators that mirror the dynamics involved. This contribution presents an in-depth examination of the role of 'Non-Patent references', found in patents. After examining the occurrence of these references in the USPTO and EPO patent systems, the precise nature of these references is delineated by means of a systematic content analysis of two samples of non-patent references (n=10.000). Our observations reveal the relevance of 'non-patent references' for developing indicators to depict the proximity of technological and scientific developments. Application areas, limitations and directions for future research are discussed.Academic investors; Field; Industry; Knowledge; Knowlegde interactions; Research; University-industry relations; Working; Area; Innovation; Processes; Innovations; Systems; Networks; Triple-helix; Complexity; Indicators; Dynamics; Patents;

Appropriation of value in Biomedical research outcome at Public Research Organisations

Transactions on biomedical research outcomes bring into play strategies that are determined by leveraging resources into quasi-markets and on options based on expectations. To govern such transactions, the choice of appropriate governance structures and the governance of interaction are all too often in remittance of risk and uncertainty. Organisation and communities are prompted by issues concerning intellectual property (IP) to underwrite information, which is inherently fraught with difficulties of discerning ownership and quantifying qualitative business variables. Against that backdrop, we enquire on the mechanisms underpinning value dissipation and value appropriation of biomedical research outcomes to make proposition on the organisational antecedence to innovation. It is a preamble study with the view to developing a meso-level framework to describe mechanisms of value appropriation of upstream biomedical (non-invasive) research at Public Research Organisation. Its underpinning is largely based on the availability appropriability regimes and viability of organizational governance decisions and how the choice of organizational governance form affects both the creation and appropriation of economic value

Innovation in a Circular Economy: Conceptual, empirical and policy underpinnings for transition through an eco-innovation pathway

As the world seeks answers to the defining challenges of climate change and environmental sustainability, several hypotheses are being canvased in the search for a solution to decouple economic growth and social development from resource exploitation. Among those, the circular economy (CE) emerged as an operational response defined by its opposition to a harvesting-wasting economic model, proposing instead restorative and regenerative activities. But reconfiguring existing paradigms is not trivial. Aligning innovation activities with more sustainable paths is a central requirement for the desired socio-techno-economic paradigm shift. This work proposes that a new pathway is needed for gearing the sustainable innovation agenda towards a CE, and foster structural change. CE-inducing eco-innovation (EI) must, however, be monitored and measured, and implications to socio-cultural agents, organisational strategies and policy priorities have to be bore in mind, if we are to ascertain if progress is being made. As CE and the EI – CE nexus research is still in its early days, this work adds to the discussion by contributing (1) to the theoretical development of these concepts and their interrelations; (2) to the empirical definition of pro CE EI proxies; and (3) to the prospective anticipation of CE developments. Within the sustainability debate, and using an innovation studies perspective, this research adopted a mixed methods approach, using both quantitative and qualitative methods such as literature reviews, bibliometrics, patent and trademark analysis (using the specific case of Portugal), and foresight techniques (Delphi study). The overall findings suggest that CE’s main ideas are arguably timely. CE’s establishment within the sustainability debate seems, nevertheless, dependent on overcoming short term barriers constraining its further development, of technological and economic nature, but also of a socio-cultural kind. CE is argued as a multidimensional, multi-actor approach reliant on “systemic transformative” innovation, thus dependent on a combination of “harder”, (technological, R&D-driven), and “softer” (non-technological change in social and business culture) knowledge. The empirical diagnosis of an innovation system’s pro circularity tendencies proved to be informative as to assess convergence to circularity. In the Portuguese case, it successfully shed light on ongoing dynamics related with signs of effective transformation towards CE activities, even if highlighting structural limitations associated with systemic failures regarding actors and networks. Redirecting innovation systems towards a more “circular” paradigm is, therefore, deeply dependent on an institutional “coordination role” enabling “framework conditions” directly linked to a systemic action. That is, associating bottom-up measures to top-down policies in a coherent strategic roadmap, in order to avoid mismatches and contradictory incentives. This pointed to the usefulness of rethinking innovation policy design. In one hand, to address market and system failures, leading to underinvestment and lack of connectivity in innovation. In the other hand, to promote the diffusion of CE related information for enterprises and civil society, in order to encourage market awareness and change mind-sets towards “circular” behaviours. As the conceptual and practical implementation challenge remains pressing, this work added important underpinnings for fine-tuning a CE inducing “policy mix”.Num mundo crescentemente interdependente, as alterações climáticas e a sustentabilidade ambiental são questões globais complexas. A importância de dissociar desenvolvimento da exploração de recursos tem propiciado um alargamento de horizontes a novos conceitos. Nesse contexto, a economia circular emergiu como uma resposta operacional, definida pela sua oposição ao modelo económico atual de exploração/desperdício. Contrapõe, ao invés, processos restaurativos e regenerativos. A reconfiguração dos paradigmas existentes, a este nível, não é, contudo, algo trivial. Uma vez que o alinhamento das atividades de inovação com objetivos mais sustentáveis é um requisito central na alteração de paradigma sócio-tecno-económico, este trabalho foca a necessidade de orientar a agenda de inovação para a “circularidade”. A eco-inovação pro-circularidade deve, no entanto, ser monitorizada e medida, e as implicações para os agentes socioculturais, estratégias organizacionais e prioridades políticas levadas em conta, se quisermos verificar o seu progresso. Nesse âmbito, pretendeu-se contribuir para o debate em curso contribuindo para: 1) uma melhor compreensão teórica do papel da eco-inovação na implementação de uma economia circular; 2) a definição e teste de proxies empíricas de inovação pro-circularidade; 3) o desenvolvimento de uma visão prospetiva de futuros desenvolvimentos nesta área. No contexto do debate da sustentabilidade, e usando uma perspetiva baseada nos estudos da inovação, foram adotados métodos quantitativos e qualitativos, incluindo revisões de literatura, métodos bibliométricos, análise de patentes e de marcas comerciais (usando o caso específico de Portugal), assim como o uso do método prospetivo Delphi. As conclusões gerais sugerem que as principais ideias da economia circular são indiscutivelmente oportunas. Dentro do debate da sustentabilidade o estabelecimento de uma economia circular parece, no entanto, dependente de se vencerem barreiras de curto prazo, de natureza tecnológica, económica e sociocultural. A abordagem preconizada pela economia circular é assim tida como multidimensional, multi-ator, dependente de uma inovação sistémica "transformadora”, compreendendo não só inovação tecnológica, mas também mudanças institucionais abrangentes quanto a políticas públicas, mercados e práticas sociais. O diagnóstico empírico das tendências pró-circularidade de um sistema de inovação provou ser informativo nessa avaliação. No caso português, permitiu conhecer as atuais dinâmicas, sublinhando sinais de transformação efetivas em direção a atividades circulares, ao mesmo tempo que assinalou as limitações estruturais associadas a falhas sistémicas quanto aos atores e redes (interconexões). Redirecionar os sistemas de inovação para um paradigma mais “circular” é, portanto, profundamente dependente de um “papel de coordenação” institucional que permita “condições de enquadramento” diretamente ligadas a uma ação sistémica. Isto é, associando medidas bottom-up e top-down num roteiro estratégico coerente, a fim de evitar desequilíbrios e incentivos contraditórios. Importa, por isso, repensar igualmente os instrumentos das políticas de inovação. Por um lado, resolvendo falhas de mercado e sistema, que levam a sub-investimento e falta de conectividade. Por outro, promovendo a difusão de informação para empresas e sociedade civil, a fim de estimular a conscientização e mudar mentalidades em relação a comportamentos “circulares”. O desafio de implementação continua a ser premente, este trabalho pretendeu contudo acrescentar ao debate tendo em vista contribuir para o ajuste do “mix de políticas” indutoras de circularidade

Patent Clutter

Patent claims are supposed to clearly and succinctly describe the patented invention, and only the patented invention. This Article hypothesizes that a substantial amount of language in patent claims is in fact not about the core invention, which may contribute to well-documented problems with patent claims. I analyze the claims of 40,000 patents and applications, and document the proliferation of “clutter”—language in patent claims that is not about the invention. Although claims are supposed to be exclusively about the invention, clutter appears across industries and makes up approximately 25% of claim language. Patent clutter may contribute several major problems in patent law. Extensive clutter makes patent claims harder to search. Excessive language in patent claims may be the result of over-claiming—when patentees describe potential corollaries they do not possess—thereby making the patent so broad in scope as to be invalid. More generally, it strains the comprehensibility of patents and burdens the resources of patent examiners. After arguing that patent clutter may contribute to these various problems, this Article turns to reforms. Rejections based on prolix, lack of enablement, and lack of written description can be crafted to dispose of the worst offenders, and better algorithms and different litigation rules can allow the patent system to adapt (and even benefit from) the remaining uses of excess language. The Article additionally generates important theoretical insights. Claims are often thought of as entirely synonymous with the invention and all elements of the claim are thought to relate equally strongly to the invention. This Article suggests empirically that these assumptions do not hold in practice, and offers a framework for restructuring conceptions of the relationship between claims and the invention