Measuring Innovation in the Mining Industry with Patents

Measuring Innovation in the Mining Industry with Patents

Author: Giulia Valacchi

Publisher: WIPO

Published: 2019-05-09

Total Pages: 62

ISBN-13:

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Traditionally, the mining sector has been considered a slow innovator compared to other industries, like the manufacturing or pharmaceutical industries. However, we observe an upsurge in the innovation activity of the mining industry in the first half of the 2000s. During this period, mining innovation started to increase rapidly after periods of stagnation and downward trends. To conduct and in-depth investigation of the global trends and patterns behind this structural change in mining innovation, we formulated a general search strategy to identify patent activity in this sector. The strategy is repeatable over time and in multiple databases. It enabled us to produce a dataset of patents in mining and mining-related technologies. Using this newly-created database we identified at the basis of the structural change a switch away from refining technologies into exploration and environmental technologies probably explained by the took over of the so-called 4th Industrial Revolution. The types of actors active in the mining innovation also changed across time: there are now many more individuals, research centers and universities innovating in mining and relatively less companies. Finally, the country composition in the pool of mining innovation activity has radically changed with the appearance of China on the global scene starting from early 2000.


Book Synopsis Measuring Innovation in the Mining Industry with Patents by : Giulia Valacchi

Download or read book Measuring Innovation in the Mining Industry with Patents written by Giulia Valacchi and published by WIPO. This book was released on 2019-05-09 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, the mining sector has been considered a slow innovator compared to other industries, like the manufacturing or pharmaceutical industries. However, we observe an upsurge in the innovation activity of the mining industry in the first half of the 2000s. During this period, mining innovation started to increase rapidly after periods of stagnation and downward trends. To conduct and in-depth investigation of the global trends and patterns behind this structural change in mining innovation, we formulated a general search strategy to identify patent activity in this sector. The strategy is repeatable over time and in multiple databases. It enabled us to produce a dataset of patents in mining and mining-related technologies. Using this newly-created database we identified at the basis of the structural change a switch away from refining technologies into exploration and environmental technologies probably explained by the took over of the so-called 4th Industrial Revolution. The types of actors active in the mining innovation also changed across time: there are now many more individuals, research centers and universities innovating in mining and relatively less companies. Finally, the country composition in the pool of mining innovation activity has radically changed with the appearance of China on the global scene starting from early 2000.


Global Challenges for Innovation in Mining Industries

Global Challenges for Innovation in Mining Industries

Author: Alica Daly

Publisher: Cambridge University Press

Published: 2022-04-21

Total Pages: 381

ISBN-13: 110884278X

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Offering the first in-depth global analysis of the innovation ecosystem in the mining industry, this book is aimed at policy-makers and academia alike. A wide range of international contributors assess this from different perspectives, using both a novel mining patent and innovation database and a wide set of analytical approaches.


Book Synopsis Global Challenges for Innovation in Mining Industries by : Alica Daly

Download or read book Global Challenges for Innovation in Mining Industries written by Alica Daly and published by Cambridge University Press. This book was released on 2022-04-21 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering the first in-depth global analysis of the innovation ecosystem in the mining industry, this book is aimed at policy-makers and academia alike. A wide range of international contributors assess this from different perspectives, using both a novel mining patent and innovation database and a wide set of analytical approaches.


Innovation in the Mining Sector and Cycles in Commodity Prices

Innovation in the Mining Sector and Cycles in Commodity Prices

Author: Giulia Valacchi

Publisher: WIPO

Published: 2019-05-09

Total Pages: 35

ISBN-13:

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This paper analyses the evolution of innovation in the mining sector and how this innovation responds to the economic environment, in particular to changes in commodity prices. For this purpose, we combine commodity price data with innovation data as proxied by patent filings extracted from a novel unit record database containing comprehensive patent and firm level data for the mining sector from 1970 to 2015. We include patents registered both by mining companies and mining equipment, technology and service (METS) firms. With a multi-country panel analysis, we find that innovation in the mining sector is cyclical. Innovation increases in periods of high commodity prices while decreasing during commodity price recessions. Our results suggest that innovation increases mostly with long price cycle variations, while mostly unaffected by medium and short cycles. METS related innovation seem the driving force of this mechanism. In contrast, countries specializing in mining industries are found to be slower in reacting to price changes.


Book Synopsis Innovation in the Mining Sector and Cycles in Commodity Prices by : Giulia Valacchi

Download or read book Innovation in the Mining Sector and Cycles in Commodity Prices written by Giulia Valacchi and published by WIPO. This book was released on 2019-05-09 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the evolution of innovation in the mining sector and how this innovation responds to the economic environment, in particular to changes in commodity prices. For this purpose, we combine commodity price data with innovation data as proxied by patent filings extracted from a novel unit record database containing comprehensive patent and firm level data for the mining sector from 1970 to 2015. We include patents registered both by mining companies and mining equipment, technology and service (METS) firms. With a multi-country panel analysis, we find that innovation in the mining sector is cyclical. Innovation increases in periods of high commodity prices while decreasing during commodity price recessions. Our results suggest that innovation increases mostly with long price cycle variations, while mostly unaffected by medium and short cycles. METS related innovation seem the driving force of this mechanism. In contrast, countries specializing in mining industries are found to be slower in reacting to price changes.


Innovation in the Mining Sector and Cycles in Commodity Prices

Innovation in the Mining Sector and Cycles in Commodity Prices

Author: Giulia Valacchi

Publisher:

Published: 2023

Total Pages: 0

ISBN-13:

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This paper analyses the evolution of innovation in the mining sector and how this innovation responds to the economic environment, in particular to changes in commodity prices. For this purpose, we combine commodity price data with innovation data as proxied by patent filings extracted from a novel unit record database containing comprehensive patent and firm level data for the mining sector from 1970 to 2015. We include patents registered both by mining companies and mining equipment, technology and service (METS) firms. With a multi-country panel analysis, we find that innovation in the mining sector is cyclical. Innovation increases in periods of high commodity prices while decreasing during commodity price recessions. Our results suggest that innovation increases mostly with long price cycle variations, while mostly unaffected by medium and short cycles. METS related innovation seem the driving force of this mechanism. In contrast, countries specializing in mining industries are found to be slower in reacting to price changes.


Book Synopsis Innovation in the Mining Sector and Cycles in Commodity Prices by : Giulia Valacchi

Download or read book Innovation in the Mining Sector and Cycles in Commodity Prices written by Giulia Valacchi and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the evolution of innovation in the mining sector and how this innovation responds to the economic environment, in particular to changes in commodity prices. For this purpose, we combine commodity price data with innovation data as proxied by patent filings extracted from a novel unit record database containing comprehensive patent and firm level data for the mining sector from 1970 to 2015. We include patents registered both by mining companies and mining equipment, technology and service (METS) firms. With a multi-country panel analysis, we find that innovation in the mining sector is cyclical. Innovation increases in periods of high commodity prices while decreasing during commodity price recessions. Our results suggest that innovation increases mostly with long price cycle variations, while mostly unaffected by medium and short cycles. METS related innovation seem the driving force of this mechanism. In contrast, countries specializing in mining industries are found to be slower in reacting to price changes.


Measuring the income to intangibles in goods production: a global value chain approach

Measuring the income to intangibles in goods production: a global value chain approach

Author: World Intellectual Property Organization

Publisher: WIPO

Published: 2017

Total Pages: 74

ISBN-13:

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Today’s production processes are fragmented across countries and industries. Intangibles play an important role, but their measurement is elusive. This paper proposes a new empirical framework to measure factor incomes in production that spans industries and countries.


Book Synopsis Measuring the income to intangibles in goods production: a global value chain approach by : World Intellectual Property Organization

Download or read book Measuring the income to intangibles in goods production: a global value chain approach written by World Intellectual Property Organization and published by WIPO. This book was released on 2017 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today’s production processes are fragmented across countries and industries. Intangibles play an important role, but their measurement is elusive. This paper proposes a new empirical framework to measure factor incomes in production that spans industries and countries.


Measuring the International Mobility of Inventors: A New Database

Measuring the International Mobility of Inventors: A New Database

Author: Ernest Miguelez

Publisher: WIPO

Published: 2013

Total Pages: 33

ISBN-13:

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This paper has two objectives. First, it describes a new database mapping migratory patterns of inventors, extracted from information included in patent applications filed under the Patent Cooperation Treaty. It explains in detail the information contained in the database and discusses the usefulness and reliability of the underlying data. Second, the paper provides a descriptive overview of inventor migration patterns, based on the information contained in the newly constructed database.


Book Synopsis Measuring the International Mobility of Inventors: A New Database by : Ernest Miguelez

Download or read book Measuring the International Mobility of Inventors: A New Database written by Ernest Miguelez and published by WIPO. This book was released on 2013 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper has two objectives. First, it describes a new database mapping migratory patterns of inventors, extracted from information included in patent applications filed under the Patent Cooperation Treaty. It explains in detail the information contained in the database and discusses the usefulness and reliability of the underlying data. Second, the paper provides a descriptive overview of inventor migration patterns, based on the information contained in the newly constructed database.


Innovation and IP Rights in the Chilean Copper Mining Sector: The Role of the Mining, Equipment, Technology and Services Firms

Innovation and IP Rights in the Chilean Copper Mining Sector: The Role of the Mining, Equipment, Technology and Services Firms

Author: Claudio Bravo-Ortega

Publisher: WIPO

Published: 2019-05-09

Total Pages: 31

ISBN-13:

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This analysis of intellectual property (IP) protection practices among mining equipment, technology and services suppliers (METS) in Chile’s copper mining sector adds to a body of literature that has hitherto focused on high-income countries. It is based on data collated from an online survey of resident METS and on semi-structured interviews of executives from mining companies and suppliers, including two universities. The main conclusion is that, although METS appear to be innovative in relation to the mining sector and the economy as a whole, only a few use intellectual property rights (IPRs) to protect their innovations. The main reasons for this finding appear to be the cost and expected complexity of the registration process. Another noteworthy finding is the view that Chile has the requisite legal IPR expertise, but commercial capabilities (expertise in IPR-based innovation management and business plans) are much less developed. In the last section, four case studies of product and process innovation by four mining suppliers add some interesting insights to the analysis.


Book Synopsis Innovation and IP Rights in the Chilean Copper Mining Sector: The Role of the Mining, Equipment, Technology and Services Firms by : Claudio Bravo-Ortega

Download or read book Innovation and IP Rights in the Chilean Copper Mining Sector: The Role of the Mining, Equipment, Technology and Services Firms written by Claudio Bravo-Ortega and published by WIPO. This book was released on 2019-05-09 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis of intellectual property (IP) protection practices among mining equipment, technology and services suppliers (METS) in Chile’s copper mining sector adds to a body of literature that has hitherto focused on high-income countries. It is based on data collated from an online survey of resident METS and on semi-structured interviews of executives from mining companies and suppliers, including two universities. The main conclusion is that, although METS appear to be innovative in relation to the mining sector and the economy as a whole, only a few use intellectual property rights (IPRs) to protect their innovations. The main reasons for this finding appear to be the cost and expected complexity of the registration process. Another noteworthy finding is the view that Chile has the requisite legal IPR expertise, but commercial capabilities (expertise in IPR-based innovation management and business plans) are much less developed. In the last section, four case studies of product and process innovation by four mining suppliers add some interesting insights to the analysis.


Patent Activity and Technical Change in US Industries

Patent Activity and Technical Change in US Industries

Author: M. McAleer

Publisher: Elsevier

Published: 2005-05-21

Total Pages: 260

ISBN-13: 9780444518583

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This book investigates the impact of USA patent activity on technical change in 35 industries given in the KLEM (Jorgenson, 1996) data set for the period 1958-1996. Four patent variables are introduced, namely total patent applications, total patents granted, unsuccessful patent applications and foreign patents granted.


Book Synopsis Patent Activity and Technical Change in US Industries by : M. McAleer

Download or read book Patent Activity and Technical Change in US Industries written by M. McAleer and published by Elsevier. This book was released on 2005-05-21 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the impact of USA patent activity on technical change in 35 industries given in the KLEM (Jorgenson, 1996) data set for the period 1958-1996. Four patent variables are introduced, namely total patent applications, total patents granted, unsuccessful patent applications and foreign patents granted.


The Relationship Between Patents and Technical Innovation

The Relationship Between Patents and Technical Innovation

Author: Michael C. Connelly

Publisher:

Published: 2007

Total Pages: 190

ISBN-13:

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This thesis defines and discusses the position of innovation in modern society. Explored are the attempts to find an effective and reliable method for the measurement of innovation and innovative activity. Two schools of thought exist in reference to measurement, one suggesting the use of patents as the best indicator of innovative activity, and the other recommending alternative means not using patent data. The thesis proposes a method of measurement utilizing yearly patent counts. A model was developed using nine metals whose yearly production activity was correlated with patent counts associated with the same materials. This correlated data was then entered into best-fit equations to obtain fitted patent and activity life cycle curves. Differences in the origins of these fitted curves were interpreted as lags of time in the life cycle of the patent or activity allowing for comparisons between patents and innovative activity. The behavior of patents was found to be similar to that of the innovative process, making patents an accurate measure and representation of innovation.


Book Synopsis The Relationship Between Patents and Technical Innovation by : Michael C. Connelly

Download or read book The Relationship Between Patents and Technical Innovation written by Michael C. Connelly and published by . This book was released on 2007 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis defines and discusses the position of innovation in modern society. Explored are the attempts to find an effective and reliable method for the measurement of innovation and innovative activity. Two schools of thought exist in reference to measurement, one suggesting the use of patents as the best indicator of innovative activity, and the other recommending alternative means not using patent data. The thesis proposes a method of measurement utilizing yearly patent counts. A model was developed using nine metals whose yearly production activity was correlated with patent counts associated with the same materials. This correlated data was then entered into best-fit equations to obtain fitted patent and activity life cycle curves. Differences in the origins of these fitted curves were interpreted as lags of time in the life cycle of the patent or activity allowing for comparisons between patents and innovative activity. The behavior of patents was found to be similar to that of the innovative process, making patents an accurate measure and representation of innovation.


Measuring Creativity: Learning from Innovation Measurement

Measuring Creativity: Learning from Innovation Measurement

Author: World Intellectual Property Organization

Publisher: WIPO

Published: 2016

Total Pages: 25

ISBN-13:

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There is a growing interest in broadening the measurement scope of innovation and considering “creative” activities, meaning that the usual indicators of innovation satisfy neither scholars nor policy makers. Conceptually, there is not much difference between innovative and creative activity: but to what extent are current measures that capture innovation relevant for creativity? Can the new measures for creativity benefit from the experience accumulated through R&D and innovation? Our article provides insights and lessons learned from using measures of innovative activities for scholars who are interested in capturing creative activities. We underscore the difficulties faced when measuring innovation and draw some parallels of these difficulties with the efforts undertaken to measure creativity.


Book Synopsis Measuring Creativity: Learning from Innovation Measurement by : World Intellectual Property Organization

Download or read book Measuring Creativity: Learning from Innovation Measurement written by World Intellectual Property Organization and published by WIPO. This book was released on 2016 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a growing interest in broadening the measurement scope of innovation and considering “creative” activities, meaning that the usual indicators of innovation satisfy neither scholars nor policy makers. Conceptually, there is not much difference between innovative and creative activity: but to what extent are current measures that capture innovation relevant for creativity? Can the new measures for creativity benefit from the experience accumulated through R&D and innovation? Our article provides insights and lessons learned from using measures of innovative activities for scholars who are interested in capturing creative activities. We underscore the difficulties faced when measuring innovation and draw some parallels of these difficulties with the efforts undertaken to measure creativity.