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Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
Intellectual propertyIts role in growth, productivity and jobs in the (ICT-based) knowledge society
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Intellectual property Its role in growth, productivity and jobs in the (ICT-based) knowledge society

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Ponencia de Claudio Feijoó, profesor a la Universidad Politécnica de Madrid, en el marco del seminario de gestión de la propiedad industrial e intelectual en el sector TIC del 16 de diciembre de 2009.

Ponencia de Claudio Feijoó, profesor a la Universidad Politécnica de Madrid, en el marco del seminario de gestión de la propiedad industrial e intelectual en el sector TIC del 16 de diciembre de 2009.

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  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Motivation of this research 6. System up and running and a video with the system working in real-time
  • Transcript

    • 1. Intellectual property Its role in growth, productivity and jobs in the (ICT-based) knowledge society Claudio Feijóo 1 1 Universidad Politécnica de Madrid, Spain [email_address] Seminario Gestión de la Propiedad Industrial e Intelectual en el Sector TIC Escuela de Organización Industrial Madrid, 16 Decem ber 2009
    • 2. Index <ul><li>Background. The policy framework </li></ul><ul><li>A bit of economics: from innovation to (sustainable) growth and employment </li></ul><ul><li>The role of ICT in innovation and growth </li></ul><ul><li>Why intellectual property? </li></ul><ul><li>Conclusions </li></ul><ul><li>(Spain: outside looking in) </li></ul>
    • 3. 1. Background. The policy framework <ul><li>2009, a turning point </li></ul><ul><li>Failure of the Lisbon strategy: EU the most competitive, knowledge -based, economy by 2010. Launch of the 2020 strategy: sustainable growth </li></ul><ul><li>Global economic crisis: changing the foundations, recovery based on fiscal policies and increasing competitiveness </li></ul><ul><li>ICT do have a key role in the digital economy (Digital Agendas) </li></ul><ul><li>Skills for tomorrow’s needs </li></ul><ul><li>Energy efficiency </li></ul><ul><li>New technologies for low-carbon markets </li></ul><ul><li>New infrastructures to promote innovation </li></ul><ul><li>Opportunities for SMEs, both in production and services sector </li></ul><ul><li>Innovative start-ups generate high value jobs and contribute to regional development </li></ul><ul><li>More efficient government services </li></ul><ul><li>Participation (social and user empowerment) </li></ul>
    • 4. 2. Economics: innovation and growth (1/3) <ul><li>Schumpeter’s approach (“ new growth theory ”) </li></ul><ul><li>Innovation: “change that creates a new dimension of performance” (Drucker, 1994). Innovation directly impacts on productivity (level of output per time) and growth </li></ul><ul><li>Types of innovations: </li></ul><ul><ul><li>introduction of new production processes </li></ul></ul><ul><ul><li>new products and services </li></ul></ul><ul><ul><li>new management methods </li></ul></ul><ul><ul><li>new organisation of firm activities </li></ul></ul><ul><li>Innovations are created by the self-interest of firms, entrepreneurs and researchers who expect to be rewarded with rents in the case of their innovation being successfully implemented in the market </li></ul>
    • 5. 2. Economics: innovation and growth (2/3) <ul><li>The regional perspective. Lessons learned </li></ul><ul><li>&amp;quot;The only meaningful concept of competitiveness (comparative efficiency) at the national level is national productivity” (Porter, 1990) </li></ul><ul><li>It is the innovative effects of domestic companies what mostly accounts for productivity growth and not the international spillover </li></ul><ul><li>R&amp;D : key role in the production of new knowledge and innovations </li></ul><ul><li>Countries with large R&amp;D investments can grow faster </li></ul>Source: Pyyhtiä (2007) <ul><li>The rate of return of R&amp;D is extremely high. The social optimal level of R&amp;D is higher that private markets can produce </li></ul>
    • 6. 2. Economics: innovation and growth (3/3) The ICT sector is by far the largest R&amp;D investor, R&amp;D employer and R&amp;D performer in the EU (as it is in the USA and Japan).
    • 7. 3. The role of ICT (1/7) <ul><li>ICT: from inventions to innovations </li></ul><ul><li>ICT technological inventions (micro and nanoelectronics, software applications, broadband internet, mobile communications, ...) have given rise to innovations and changes </li></ul><ul><li>A period of growing and self-reinforcing number of solutions, with direct incidence on economic activity both in terms of overall economic growth but also in terms of economic efficiency ( productivity ) </li></ul>Source: Perez (2003)
    • 8. 3. The role of ICT (2/7) <ul><li>A summary of the impacts of ICT … </li></ul><ul><li>ICT capital investment raises output and labour productivity </li></ul><ul><li>Rapid technological change in ICT producing industries leading to Total Factor Productivity (TFP) growth </li></ul><ul><li>TFP growth in industries that make intensive use of ICT . </li></ul><ul><li>… and their consequences </li></ul><ul><li>Need of an structural framework : regions with a high proportion of ICT-intensive industries (banking, telecommunications, wholesale, etc) </li></ul><ul><li>Adequate institutional framework (market behaviour, regulations, venture capital, business culture, access to human capital, etc) </li></ul><ul><li>Time lag due to the need to raise investments in human capital (training, education, motivation, competences, etc), in knowledge capital (research and development) and to introduce organizational innovations. </li></ul>
    • 9. 3. The role of ICT (3/7) <ul><li>Summary of the conceptual model </li></ul>Source: IPTS (2009)
    • 10. 3. The role of ICT (4/7) <ul><li>Not each ICT the same. ICT usage -&gt; Software </li></ul><ul><li>Innovations in ICT taking place outside the ICT sector </li></ul>Source: IPTS (2009)
    • 11. 3. The role of ICT (5/7) <ul><li>EU: established companies, less investment </li></ul>Source: IPTS (2009)
    • 12. 3. The role of ICT (6/7) <ul><li>Spain, ICT R&amp;D well below average </li></ul>Source: IPTS (2009)
    • 13. 3. The role of ICT (7/7) <ul><li>Spain, low-tech economy </li></ul>Source: IPTS (2009)
    • 14. 4. Why intellectual property? (1/5) <ul><li>Innovation additional advantages: </li></ul><ul><li>competitive advantages (first mover, intangible assets, branding, de facto standardisation), … </li></ul><ul><li>… maintained over time </li></ul><ul><li>How to protect innovation? </li></ul><ul><li>Trade secret </li></ul><ul><li>Intellectual property – copyright </li></ul><ul><li>Intellectual property – patents , trademarks, industrial designs, … </li></ul>
    • 15. 4. Why intellectual property? (2/5) <ul><li>Intellectual property - copyright </li></ul><ul><li>Promote and reward the creative process </li></ul><ul><li>Software – applications </li></ul><ul><li>Digital content </li></ul><ul><li>Intellectual property - patents </li></ul><ul><li>Monopolistic rents in exchange of disclosure (up to 20 years) </li></ul><ul><li>Accountable intangible assets (financing, venture capital, …) </li></ul><ul><li>Strong protection </li></ul>
    • 16. 4. Why intellectual property? (3/5) <ul><li>Decline in ICT patents from 2004 due to innovation in software? </li></ul>Source: IPTS (2009)
    • 17. 4. Why intellectual property? (4/5) <ul><li>Spain historically very low position </li></ul>Source: IPTS (2009)
    • 18. 4. Why intellectual property? (5/5) <ul><li>Still valid in the new paradigms of open and user-driven innovation </li></ul>
    • 19. 5. To take home … (1/1) <ul><li>Innovation, productivity and growth are inextricably linked in the digital economy </li></ul><ul><li>ICT innovation permeates all sectors of activity (and its difficult to measure) </li></ul><ul><li>Innovation is protected by trade secrecy and intellectual property (not just patents) </li></ul><ul><li>In the case of Spain: </li></ul><ul><ul><li>Structural framework (low-tech industries, service economy) </li></ul></ul><ul><ul><li>Institutional framework: skills, innovation-business culture, human capital, venture capital, administrative burden, … </li></ul></ul><ul><ul><li>Social perception </li></ul></ul>
    • 20. Intellectual property Its role in growth, productivity and jobs in the (ICT-based) knowledge society Claudio Feijóo 1 1 Universidad Politécnica de Madrid, Spain [email_address] Seminario Gestión de la Propiedad Industrial e Intelectual en el Sector TIC Escuela de Organización Industrial Madrid, 16 Decem ber 2009

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