An empirical test for general purpose technology: an examination of the Cohen-Boyer rDNA technology

Maryann P. Feldman

76 citations0/0 files storedIndustrial and Corporate Change

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Intellectual Property and Patents Firm Innovation and Growth Innovation Diffusion and Forecasting

Abstract

General purpose technologies (GPTs) provide fundamental breakthroughs that transform industries and provide a platform for increased productivity. While a large theoretical literature describes GPT characteristics there has been little empirical work that measures the attributes of GPTs. Our analysis focuses on patents associated with the Cohen--Boyer rDNA patents, a credible GPT candidate. We empirically test our predictions about technological complementarity, applicability and discontinuity against a control group of patents with similar origins. Our results suggest that the characteristics of GPTs may be discernable through the analysis of patent data. Copyright 2012 The Author 2011. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

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References

1983An Evolutionary Theory of Economic Change.1993Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations 1989Technical Change and Economic Theory.2001The NBER Patent Citation Data File: Lessons, Insights and Methodological Tools 1995General purpose technologies ‘Engines of growth’?2001Beyond local search: boundary‐spanning, exploration, and impact in the optical disk industry 1961A theory of economic development.1990The lever of riches: technological creativity and economic progress

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