Neither at the cutting edge nor in a patent-friendly environment: Appropriating the returns from innovation in a less developed economy

BARROS, Henrique M.2021-10-042021-10-042021-01-05BARROS, H. M. Neither at the cutting edge nor in a patent-friendly environment: appropriating the returns from innovation in a less developed economy. RESEARCH POLICY, v. 50, n. 1, p. 1-14, 2021.0048-7333https://repositorio.fei.edu.br/handle/FEI/3360Despiteincreasedfocusonunderstandinghowfirmsappropriatethereturnsfrominnovation,ourknowledgeregardingfirms'behaviourinlessdevelopedeconomies(LDEs)isstillscant.Thispaperprovidesanuancedviewastohowfirmsthatarenotatthetechnologicalfrontierattempttocapturevaluewhentheyencounterfragilepatentingconditions.IanalyseauniquedatasetoninnovativeactivitiesinBrazil.Myfindingsrevealtheeffects(ifany)ofanumberoffactorsontheuseofawiderangeofappropriabilitymechanisms.Thesefactorsincludemeasuresofknowledgeintensity,noveltyofproductsandprocesses,firmsize,degreeofcompetition,innovationcooperation,governmentsupportforinnovation,andtypeofownership.Inaddition,myempiricalexerciseprovidesevidenceoftheextenttowhichfirmsinanLDEadoptdifferentappropriabilitymechanismsinpairs.Overall,thispaperindicatesthatevenintheabsenceofaneffectivepatentsystem,firmsdousepatents.However,thereareotherpatternsofappropriabilityinwhichfirmsusedesign(beingregisteredornotregisteredaccordingly),lead-timeortrademarksinassociationwithothermeansofappropriatioAcesso RestritoAppropriabilityLess developed economyPatentsDesignTrademarksFirst-moverNeither at the cutting edge nor in a patent-friendly environment: Appropriating the returns from innovation in a less developed economyArtigo10.1016/j.respol.2020.104097