| Title |
Patent contributions to total factor productivity within the manufacturing industry
|
| Author |
Huynh, Hai
|
| Department |
Department of Economics and Business
|
| Institution |
Colorado College
|
| Degree Type |
bachelor
|
| Degree Name |
Bachelor of Arts
|
| Type of Resource |
text
|
| Digital Origin |
reformatted digital
|
| Date Accepted |
2007
|
| Date Digitized |
2009
|
| Abstract |
This paper presents an econometric analysis of the contribution that patents make to total factor productivity (TFP) within the manufacturing industry. We present the theoretical literature on TFP and patents as a measure of inventiveness. Starting from a model based on Popp's (2002) work, we provided an econometric foundation for a reduced-form equation quantifying the contribution of patents to TFP. We used data collected from NBER-CES and USHIP. Furthermore, we weighted patents using two methods: "Generality" and "Originality." The analyses reveal that there is a significant relationship between patents and TFP; however, each unit of patent contributes relatively little to TFP.
|
| Keywords |
Total factor productivity TFP Patent Manufacturing Industry of manufacture Sector of use
|
| Rights Statement |
Copyright restrictions apply. Contact the author for permission to publish.
|
| Extent |
77 p. : ill. ; 29 cm.
|
| Note (thesis) |
Senior Thesis - Colorado College
|
| Note (bibliography) |
Bibliography : p. 74-77
|
| Publisher |
Colorado College
|
| Place of Publication |
Colorado Springs, Colorado
|
| Language |
eng
|
| OCLC Identifier |
162107829
|
| Handle |
http://hdl.handle.net/10176/coccc:2968
|