Title: Impact of collaboration and funding on the propensity to patent of Canadian biotechnology firms 1999-2005
Authors: Catherine Beaudry
Addresses: Department of Mathematics and Industrial Engineering, Polytechnique Montréal, P.O. Box 6079, Station Centre-ville, Montreal, Quebec, H3C 3A7, Canada; Center for Interuniversity Research and Analysis of Organizations (CIRANO), 2020, University Street, 25th Floor Montreal, Quebec, H2A 2A5, Canada
Abstract: Using the four biotechnology uses and development surveys of Statistics Canada, we analyse the importance of collaboration, funding and support, as well as contracting, R&D and IP strategies on the propensity to patent of Canadian biotechnology firms. Our model accounts for the potential endogeneity due to the simultaneity of some of these strategies. Controlling for various firm characteristics, the stage of development of the firm and the sources of its revenues, we find that collaboration with other firms does matter for patenting, as well as R&D, even when controlling for potential endogeneity. IP strategies and contracting out activities also increase the propensity of a firm to patent, and so does angel and venture capital funding.
Keywords: patenting propensity; Canada; biotechnology firms; patents; collaboration; funding; R&D; research and development; contracting out; IP strategies; intellectual property; angel capital; venture capital.
International Journal of Biotechnology, 2014 Vol.13 No.1/2/3, pp.22 - 52
Accepted: 14 Mar 2013
Published online: 07 Jun 2014 *