Analysis of the relationship between “business-science” coopetition and intellectual property receipts

Abstract

The study actualizes the issue of cooperation between business and science on the way to the commercialization of innovations in modern conditions. A hypothesis is put forward regarding the relationship between the level of cooperation between industry and science (based on the University-Industry Research Collaboration indicator within the Global Innovation Index) and the income from intellectual property. Therefore, the article aims to confirm the existence and establish a cause-and-effect relationship between the level of cooperation between business and science and the amount of income from intellectual property. A bibliometric analysis is carried out at the first stage to confirm the hypothesis, and the main directions of interdisciplinary research related to this issue are highlighted. In the second stage, the research information base is formed based on the statistical data of the World Intellectual Property Organization for a sample of 10 countries – leaders according to the Global Innovation Index of 2022 for the last 10 years (2013-2022). In the third stage, a correlation analysis is carried out to confirm a relationship’s existence and determine its statistical significance, nature and strength. At the fourth stage, a vector autoregression is constructed, based on the results of which Granger testing for cause-and-effect relationships is performed to determine the influence direction between the studied indicators. It is established that the level of cooperation between business and science is the cause and affects the amount of income from intellectual property in 6 of the 8 countries of the sample, in which the cause-and-effect relationship between the studied indicators was confirmed and established; the amount of income from intellectual property is the cause and affects the level of cooperation between business and science in 5 of the 8 countries of the sample, in which the cause-and-effect relationship between the studied indicators was confirmed. At the same time, in 3 out of 8 countries of the sample, in which the cause-and-effect relationship between the studied indicators was confirmed, a two-way influence was found. Accordingly, it is substantiated that the level of cooperation between business and science directly and positively affects the income from intellectual property. Therefore, the strengthening of collaboration between industry and science will contribute to the increase in the amount of income from intellectual property. In turn, the revenue volume from the intellectual property will also contribute to improving and developing cooperation between business and science. The obtained results can be helpful for scientists in further research in related scientific areas and for representatives of the business community, government officials and other persons interested in this issue.

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