{"id":"https://openalex.org/W1995490607","doi":"https://doi.org/10.1080/1043859032000124693","title":"Accounting for the recent surge in U.S. patenting: changes in R&D expenditures, patent yields, and the high tech sector","display_name":"Accounting for the recent surge in U.S. patenting: changes in R&D expenditures, patent yields, and the high tech sector","publication_year":2004,"publication_date":"2004-05-19","ids":{"openalex":"https://openalex.org/W1995490607","doi":"https://doi.org/10.1080/1043859032000124693","mag":"1995490607"},"language":"en","primary_location":{"id":"doi:10.1080/1043859032000124693","doi":"https://doi.org/10.1080/1043859032000124693","is_oa":false,"landing_page_url":"https://doi.org/10.1080/1043859032000124693","pdf_url":null,"source":{"id":"https://openalex.org/S192056284","display_name":"Economics of Innovation and New Technology","issn_l":"1043-8599","issn":["1043-8599","1476-8364"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economics of Innovation and New Technology","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100386830","display_name":"Jinyoung Kim","orcid":"https://orcid.org/0000-0003-4165-9170","observed_orcids":["https://orcid.org/0000-0003-4165-9170","https://orcid.org/0009-0006-0701-6170"]},"institutions":[{"id":"https://openalex.org/I63190737","display_name":"University at Buffalo, State University of New York","ror":"https://ror.org/01y64my43","country_code":"US","type":"education","lineage":["https://openalex.org/I63190737"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Jinyoung Kim","raw_affiliation_strings":["University at Buffalo, State University of New York, Department of Economics, 441 Fronzcak Hall, Buffalo, NY, 14260, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University at Buffalo, State University of New York, Department of Economics, 441 Fronzcak Hall, Buffalo, NY, 14260, USA","institution_ids":["https://openalex.org/I63190737"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5060323344","display_name":"Gerald Marschke","orcid":"https://orcid.org/0000-0002-8231-5625","observed_orcids":["https://orcid.org/0000-0002-8231-5625"]},"institutions":[{"id":"https://openalex.org/I392282","display_name":"University at Albany, State University of New York","ror":"https://ror.org/012zs8222","country_code":"US","type":"education","lineage":["https://openalex.org/I392282"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Gerald Marschke","raw_affiliation_strings":["University at Albany, State University of New York, Department of Economics, BA 112A, Albany, NY, 12222, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University at Albany, State University of New York, Department of Economics, BA 112A, Albany, NY, 12222, USA","institution_ids":["https://openalex.org/I392282"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":5.1307,"has_fulltext":false,"cited_by_count":66,"citation_normalized_percentile":{"value":0.9450324,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"13","issue":"6","first_page":"543","last_page":"558"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10856","display_name":"Intellectual Property and Patents","score":0.9901999831199646,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10856","display_name":"Intellectual Property and Patents","score":0.9901999831199646,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12851","display_name":"Firm Innovation and Growth","score":0.009200000204145908,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12722","display_name":"Innovation Policy and R&D","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/r-d-investment","display_name":"R&D investment","score":0.8519999980926514},{"id":"https://openalex.org/keywords/r-d-productivity","display_name":"R&D productivity","score":0.6399999856948853},{"id":"https://openalex.org/keywords/high-tech-industry","display_name":"high-tech industry","score":0.675000011920929},{"id":"https://openalex.org/keywords/computer-hardware","display_name":"computer hardware","score":0.7710000276565552},{"id":"https://openalex.org/keywords/pharmaceutical-industry","display_name":"pharmaceutical industry","score":0.9829999804496765}],"concepts":[{"id":"https://openalex.org/C109168655","wikidata":"https://www.wikidata.org/wiki/Q242988","display_name":"Liberian dollar","level":2,"score":0.714521050453186},{"id":"https://openalex.org/C134121241","wikidata":"https://www.wikidata.org/wiki/Q899301","display_name":"Yield (engineering)","level":2,"score":0.7009783387184143},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.6570161581039429},{"id":"https://openalex.org/C188198153","wikidata":"https://www.wikidata.org/wiki/Q1613840","display_name":"Limiting","level":2,"score":0.5761316418647766},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.48048797249794006},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4146907329559326},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.36525261402130127},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3595789074897766},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.10704502463340759},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.09987980127334595},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C192562407","wikidata":"https://www.wikidata.org/wiki/Q228736","display_name":"Materials science","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C191897082","wikidata":"https://www.wikidata.org/wiki/Q11467","display_name":"Metallurgy","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/1043859032000124693","doi":"https://doi.org/10.1080/1043859032000124693","is_oa":false,"landing_page_url":"https://doi.org/10.1080/1043859032000124693","pdf_url":null,"source":{"id":"https://openalex.org/S192056284","display_name":"Economics of Innovation and New Technology","issn_l":"1043-8599","issn":["1043-8599","1476-8364"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economics of Innovation and New Technology","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:ecinnt:v:13:y:2004:i:6:p:543-558","doi":null,"is_oa":false,"landing_page_url":"http://www.tandfonline.com/doi/abs/10.1080/1043859032000124693","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.428600013256073,"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure"}],"sustainable_development_goals_aurora":[{"score":0.6299999952316284,"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":14,"referenced_works":["https://openalex.org/W1561438477","https://openalex.org/W1577726433","https://openalex.org/W1974438538","https://openalex.org/W1998261514","https://openalex.org/W2013557135","https://openalex.org/W2118258539","https://openalex.org/W2124298085","https://openalex.org/W2125863022","https://openalex.org/W2153511086","https://openalex.org/W2597254820","https://openalex.org/W2889869725","https://openalex.org/W2891020914","https://openalex.org/W3121435737","https://openalex.org/W4286779346"],"related_works":["https://openalex.org/W2061067345","https://openalex.org/W1531838251","https://openalex.org/W7099148650","https://openalex.org/W7099003940","https://openalex.org/W4255329071","https://openalex.org/W2093390165","https://openalex.org/W2202241550","https://openalex.org/W2753365841","https://openalex.org/W1510902518","https://openalex.org/W6903620502"],"abstract_inverted_index":{"We":[0,86,100,114],"decompose":[1],"the":[2,25,36,55,63,68,72,97,105,111,120,128],"recent":[3],"patent":[4,26,37,56,80,84,98,112],"increase":[5,11],"into":[6],"components":[7],"representing":[8],"(1)":[9],"an":[10,21,29],"in":[12,24,35,39,78,104],"resources":[13],"made":[14],"available":[15],"to":[16,119],"research":[17],"and":[18,32,48],"development,":[19],"(2)":[20],"across-the-board":[22],"rise":[23],"yield":[27,38],"of":[28,54,96,107,110,123],"R&D":[30,65,90,125],"dollar,":[31],"(3)":[33],"changes":[34],"individual":[40],"industries.":[41],"Two":[42],"high":[43],"tech":[44],"fields,":[45],"computer":[46],"hardware":[47],"pharmaceuticals,":[49],"account":[50],"for":[51,93],"22":[52],"percent":[53,95],"increase.":[57,99],"While":[58],"these":[59],"two":[60],"industries":[61,69],"had":[62],"fastest":[64],"growth":[66],"among":[67],"we":[70],"study,":[71],"pharmaceutical":[73],"industry":[74,129],"experienced":[75],"a":[76],"decline":[77],"its":[79,83],"yield,":[81],"limiting":[82],"growth.":[85],"show":[87],"that":[88],"increased":[89],"spending":[91],"accounts":[92],"70":[94],"discuss":[101],"our":[102,117],"results":[103,118],"context":[106],"alternative":[108],"hypotheses":[109],"surge.":[113],"also":[115],"compare":[116],"anecdotal":[121],"evidence":[122],"firm":[124],"performance":[126],"at":[127],"level.":[130]},"counts_by_year":[{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":6},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":4},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":6},{"year":2012,"cited_by_count":2}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}