Technology and Investment
Volume 4, Issue 3 (August 2013)
ISSN Print: 2150-4059 ISSN Online: 2150-4067
Google-based Impact Factor: 0.47 Citations
Assessing Some Determinants of the Regional Patenting: An Essay from the Mexican States ()
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ABSTRACT
The aim of this work is to study the environment that affects and influences in the creation of regional patents. With this purpose the patenting process is modeled as dynamic one where, beside other factors, its past values contribute to create synergies to continue patenting in a feedback process. Using a dynamic panel data estimator we find that past patenting level trends to encourage the actual one. Also, a positive and significant effect from education, university expenditure, population density and industrial concentration on patents is reported in the Mexican states set. Conclusions highlight that agglomeration forces are the main factors for patenting, followed by university expenditure and industrial concen- tration.
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