Shaping Innovation: Can Industrial Policies Boost Patent Applications?

2026

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This paper investigates whether industrial policies effectively boost patent applications, finding that while they don't significantly increase domestic patenting on average, targeted policies can spur innovation, particularly in infant industries and low-carbon technologies.

* Analyzes the global impact of industrial policies on patent applications across various sectors and countries.
* Examines how different types of industrial policies (protectionist vs. liberalizing) and targeting strategies affect domestic and foreign patenting.
* Highlights that while average effects are limited, well-designed and targeted industrial policies can foster innovation, especially in sectors with market failures.

Tags: Industrial Policy, Innovation, Patents, Technology, Economic Growth

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