This paper addresses the following research question: Is the quality of patents issued in a given metropolitan area related to the per capita rate of patent authorship (patenting intensity / productivity)? The authors conclude that there may be a small positive response of patent quality (avg. number of citations received per patent granted) to increases in patenting productivity. Highly productive inventors do not necessarily generate high quality patents.
Strumsky lobo (2011) does patenting intensity beget quality
1. 1
Metropolitan Patenting in the
United States:
Does Intensity Beget Quality?
Working Paper Series:
Martin Prosperity Research
Prepared by:
Deborah Strumsky, University of North Carolina at Charlotte
José Lobo, Arizona State University
March 2011
REF. 2011-MPIWP-009
2. 2
Abstract
Patents have become a widely used metric in studies of the “knowledge economy” and patent
analysis has become a well-established framework for investigating locational and spatial aspects
of technological change. Much effort has been devoted towards elucidating the determinants of
urban patenting productivity. The relationship between metropolitan patenting productivity and
the quality of the patenting output generated by metropolitan-based inventors has gone largely
unexplored although only high-quality inventions can create prosperity by way of
commercialization. It seems plausible to expect that as a community of inventors accumulates
experience, the higher the quality of their inventive output should be. In this short note we seek
to clarify the strength of the relationship between metropolitan patenting productivity and quality
of inventive output. Utilizing data on patents produced by inventors based in U.S. metropolitan
areas (over the 1975 to 2009 period) we construct a straightforward measure of patenting
productivity, and using data on the number of citations accumulated by patents we construct a
measure of patent quality. We find that there is essentially no relationship between increasing
patenting productivity and increasing patenting quality.
Keywords: patenting productivity, citations, patenting quality
*: Corresponding author. Department of Geography and Earth Sciences, University of North
Carolina at Charlotte, McEniry 429, 9201 University City Boulevard, Charlotte, NC 28223. 704-
687-5934 (ph), 704-687-5966 (fax).
3. 3
1. Introduction
Despite many important caveats, patents have become a widely used metric in studies of
the “knowledge economy” and technological change (e.g., Acs and Audretsch, 1989; Griliches,
1990; Jaffe et al., 1993; Jaffe and Trajtenberg, 2002). Patent analysis has therefore become a
well-established framework for investigating locational and spatial aspects of technological
advance with much effort having been devoted elucidating the determinants of urban patenting
productivity (see, for example, Acs, Anselin and Varga, 2002; Bettencourt, Lobo and Strumsky,
2007; Hunt, Carlino and Chatterjee, 2007; Knudsen et al., 2008; Lobo and Strumsky, 2008). The
relationship between metropolitan patenting productivity and the quality of the patenting output
generated by metropolitan-based inventors has gone largely unexplored, yet only high-quality,
read useful, inventions can create prosperity by way of commercialization. In this short note we
seek to clarify the strength of the relationship between metropolitan patenting productivity and
quality of inventive output.
Assessing the economic quality of patented inventions would require the means to track
their commercialization or licensing success, data for which is neither comprehensibly nor
reliably available. One way of measuring the intellectual quality of patents is through patent
citations, that is, the citations made by a patent to other patents.1
The idea behind using patent
citation counts as a measure of quality is that a patent cited by many later patents is likely to
contain useful ideas or technologies upon which later inventors are building. Studies have
established a strong positive relationship between highly cited patents and technological
importance, stock market valuations, and firm profitability (Trajtenberg, 1990; Albert, Avery and
McAllister, 1991; Karki, 1997; Trajtenberg, Henderson and Jaffe, 1997; Hall, Jaffe and
Trajtenberg, 2001, 2005).2
.
It would seem plausible to expect the very well studied phenomenon of “learning by
doing”―productivity and quality improvements resulting from regularly repeating the same type
of activity3
―to also kick-in when it comes to patenting: the greater the experience of patenting a
group of individuals accumulates, the higher the quality of the generated output should be. Of
course unlike the case of manufacturing, inventors’ experience does not come from repetitively
performing a set of routines involved in producing the same output. But the members of an
inventive community capable of producing a large number of patents can benefit from each
other’s expertise and skills, which could in turn positively affect the quality of their inventive
output. But this reasonable expectation runs into the harsh empirics of patent citations: most
1
The United States Patent and Trademark Office (USPTO), and most other patenting legal systems, require the
authors of a patent application to disclose any intellectual material (such as previous patented inventions patents and
scientific literature) that is pertinent to the determination of patentability, and these disclosures are recorded as
citations. A patent examiner may, during the examination of an application submitted to the USPTO, add citations
to relevant prior inventions. There thus two sources of citations on a patent: those entered by the inventor and those
entered by a patent examiner.
2
There is an analytical danger in quantifying usefulness (and therefore quality) by way of citation counts: a patented
invention might very well be a very important commercial or technological success―think the iPhone or silver-
based photographic film―without it being used or incorporated in other distinct inventions. Not all important
patents are highly cited, nor is every highly cited patent necessarily ground-breaking.
3
For a discussion of learning-by-doing see Arrow (1962), Sheshinski (1967), Anzai and Simon (1979), Fudenberg
and Tirole (1983) Young, (1993), and Auerswald et al. (2000).
4. 4
patents are never cited or receive few citations. Over the span 1790 to 2006, the average number
of citations received by the almost 8.5 million patents granted by the United States Patent and
Trademark Office (USPTO) is 5.4 with a median of 1 (and a value of 14 for the 95th
percentile);
the distribution of patent citations is extremely left-skewed.4
Of the patents granted since 1975,
almost a quarter have not received a single citation with 39% receiving one citation or less. (The
mean and median number of citations per patent over the 1975-2010 period are 7.7 and 3,
respectively.) It is hard for a patent to get noticed. Does producing more patents increase the
likelihood that high quality patents (that is, patents which garner citations) are produced? Is the
inventive output of those metropolitan areas with higher patenting productivity (intensity) of
higher average quality?
The discussion is organized as follows. The next section describes how metropolitan
patenting productivity and quality are measured and presents summary statistics for the two
metrics. The third section quantifies the effect on citations accrued to metropolitan patents of
increases in patenting output and the relationship between metropolitan patenting productivity
and patenting quality. Section five concludes. Anticipating our principal result, we find a very
weak statistical relationship between patenting productivity and patenting quality and that
increases in the former do not substantially increase the latter.
2. Metropolitan Patenting Productivity and Quality
Our spatial units of analysis are the Metropolitan Statistical Areas (MSAs) and
Micropolitan Areas of the continental United States which together we treat as comprising the
urban areas of the U.S.5
If one accepts―with all the necessary caveats—that patents are a useful
proxy measure for inventive activity, then the per capita number of patents authored by
individuals residing in metropolitan areas is a plausible indicator of the area’s inventiveness. The
source of data on granted patents is a database developed by one of the authors (Strumsky); the
database was constructed using data directly downloaded from the United States Patent and
Trademark Office (USPTO) and utilizing the National Bureau of Economic Research (NBER)
patent file (Hall et al., 2001) for data prior to 1998. To count inventions as close as possible to
the time the inventive activity took place, we follow the convention of recording granted patents
in the year a patent was applied for.
Every patent application and granted patent lists the inventors’ names and home towns;
patents do not, however, provide consistent listings of inventor names or unique identifiers for
the authors, so matching procedures were used to uniquely identify inventors across time and
locations (the database and matching procedures are discussed in detail in Marx, Strumsky and
Fleming (2009)). By identifying individual inventors and the place of residence at the time a
4
For our citation counts and summary statistics we include both the citations made by inventors and those added by
patent examiners; the citation counts do not exclude “self-citations,” i.e., citations made by a patent to prior patents
authored by some of the same inventors, as these citations do constitute a knowledge flow from prior to current
inventions. Removing self-citations increases the percentage of patents with no citations to approximately 44%.
5
MSAs and Micropolitan Areas are defined by the U.S. Office of Management and Budget and are standardized
county-based areas having at least one urbanized area (with 50,000 or more population in the case of MSAs or at
least 10,000, but less than 50,000, in the case of Micropolitan Areas), plus adjacent territory with a high degree of
social and economic integration with the core as measured by commuting ties. Both MSAs and Micropolitan Areas
are in effect unified labor markets.
5. 5
patent is applied for each patent to a Metropolitan Statistical Area (MSA).6
If a patent has
several authors who reside in the same MSA, the metropolitan area’s patent count includes it
once; if the authors of a patent reside in different metropolitan areas, the patent is fractionally
assigned to the metropolitan areas where the inventors reside. (We restrict our analysis to patents
whose authors are U.S. residents.) The variable patents per capita is constructed by dividing the
total number of patents successfully applied for within a year by inventors residing in a
metropolitan area divided by the area’s total population (the measure is reported per 10,000
inhabitants).7
Citations made to a patent by subsequent patents are counted up to the end of the period
covered by the database (end of 2010). The citation counts includes both references made to
prior inventions made by inventors and those added by patent examiners since we are interested
in the extent to which any one invention is relevant to later inventive efforts (but the results and
conclusions reported do not much change when using only the references to prior inventions
made by inventors). It takes time for a patent to accumulate a large number of citations from later
patents, but we have found that most citations are accumulated within eight years of a patent
being granted. The measure citations per patent is constructed by counting the citations received,
from the application year onwards, by patents assigned to a metropolitan area and diving that
count by the number of patents generating the citations.
Tables 1 and 2 present the summary statistics for patents per capita and citations per
patent for all urban areas and for Metropolitan Statistical Areas (MSAs), respectively. To
dampen the effects of fluctuations the two measures are smoothed over five-year windows;
statistics are reported for six windows: 1975-1979, 1980-1984, 1985-1989, 1990-1994, 1995-
1994, and 2000-2004 (patents successfully applied for since 2005 have not had as much time to
accumulate citations). Not surprisingly both patenting productivity and patenting quality exhibit
significant variation across metropolitan areas (as indicated by the coefficients of variation
(CoV)), although the level of variability is much greater for the productivity measure. This
reflects the fact that it is a lot easier to increase inventive output than increase inventive quality.
3. Increasing returns for patenting quality?
We now turn to some simple regression exercises in order to elucidate the relationship
between location-specific patenting output and productivity on the quality of the generated
inventions. These regression models are free from endogeneity concerns due to the
unidirectionality of causality inherent in the chosen variables (patents accrue citations but
citations do not engender inventions) and the time-lag between the granting of a patent and its
being cited by later patents.
6
The patent database covers the period 1975 to 2011, and includes about 5.1 million utility patents (with
information on over 1.5 million uniquely identified inventors). A utility patent—also referred to as “patents for
invention”—is issued for the invention of “new and useful” processes, machines, artifacts, or composition of matter.
Approximately 90% of the patents granted by the USPTO are utility patents.
7
Population data for Metropolitan and Micropolitan Areas was obtained from the Commerce Department’s Bureau
of Economic Analysis (http://www.bea.gov/regional/reis/default.cfm?selTable=CA1-3§ion=2).
6. 6
One way to quantity the relationship between metropolitan patenting output and quality is
to examine the scaling relationship between the number of patents produced by a metropolitan
inventive community and the number of citations generated by those patents. Specifically, we
hypothesize a power-law relationship between the number of patents and the number of citations
accrued by the patents:
,i iCitations c Patents
(1)
where c is a constant, i indexes urban areas and β is the scaling coefficient. Logarithmically
transforming equation (1) we get the estimation equation:
ln( ) ln( ) ,i i icitations c patents (2)
where ε is Gaussian White-Noise. Table 3 shows the estimated scaling coefficients for the six
data periods (the equation was estimated using data for all urban areas and only data from
MSAs). Interpreted as an elasticity, the beta coefficient informs us as to the percentage increase
in total citations induced by a 1% increase in patenting output. The estimated coefficients are all
modestly greater than one, indicating an almost proportional increase in total citations per one
percent increase in output.
What about the relationship between metropolitan inventive intensity (productivity) and
citation intensity? To get at this we estimate the following equation:
ln ln .i i icitations per patent c patents per capita (3)
The estimation results for equation (3), using data for urban areas and for MSAS only are
presented in Table 4. When data is used for all urban areas the amount of variation in patenting
quality explained by differences in patenting intensity is small (no more than 17%) while the
magnitude of the effect, as revealed through the regression coefficient, is quite miniscule (never
mind the significance level). When considering only metropolitan areas (MSAs) the R2
values
improve somewhat but the effect on patenting quality of increasing patenting intensity by 1% is
no more than 0.2%. (The R2
and coefficient values hardly change when the regression is
restricted to include only those metropolitan areas whose output is above a certain threshold; the
relationship remains weak even metropolitan areas with high levels of inventive output.)
4. Conclusions
Is increasing metropolitan patenting productivity accompanied by an increase in the
average quality of the patented inventions? Our results clearly indicate that the answer is “no.”
Urban areas which produce more patents and which have higher patenting productivity do not
necessarily produce higher quality patents (that is, patents that are cited by other patents).
Consider the contrasting cases of Boston, generally considered a patenting powerhouse and
Phoenix, the archetypal Sunbelt metropolitan area (and better known for its real estate excesses
than for its innovativeness): over the 2000-2004 period Boston-based inventors produced almost
three times more patents than inventors in Phoenix, and Boston’s patenting productivity was 2.2
7. 7
times that of Phoenix. Yet the average citations per patent characterizing Boston’s and Phoenix’s
inventive outputs were 5.1 and 4.8, respectively. Boston produced more, but on average not
necessarily better, patents than Phoenix.
The relationship examined here is that between the inventive productivity of a
metropolitan community and the quality of the inventions generated by the whole of that
community. The patenting productivity of a metropolitan area’s inventor community could have
a positive effect on technology-specific patenting quality. We have also examined the
relationship between citations per patent and patents per inventor for 64 patent technology
groupings (communications, drugs, biotechnology, computer software, etc.) and we find that the
correlation remains very small. Highly productive inventor communities do not necessarily
generate highly cited patents.8
Let’s consider patenting as the search for good locations in a space of technological
possibilities (Fleming, 2001; Fleming and Sorenson, 2001). The features of the space make
finding a “good” location (i.e., a high-quality invention) very difficult. A good search strategy on
a rugged space is to deploy many searchers (Macready et al., 1996), a search strategy made even
more attractive in the case of patenting by the fact that over 70% of all inventors patent at most
two times. It is therefore to be expected that having more individuals engaged in invention will
not result in patenting of higher average quality but can increase the likelihood that good patents
will be found. Returning to the examples of Boston and Phoenix, by having more inventors
Boston is more likely to generate a feew high-quality patents. And more generally, metropolitan
areas with larger inventor communities and higher patenting intensities are likely to agglomerate
high-quality patents (but without average quality differing much across urban areas). We will
investigate the agglomeration of high-quality patents in our next research effort.
The absence of a strong relationship between output levels, productivity and quality in
metropolitan patenting raises some questions about the use of patent counts as a prognosticator
of urban prosperity. For many the interest in patents stems from the putative connection between
invention and commercialization (itself an antecedent for wealth creation). But the path from
invention to commercialization is fraught with difficulties; surely high-quality inventions stand
more of a chance of turning into profitable investments (Jaffe and Lerner, 2004; Lerner, 2009).
Creating high-quality inventions is much harder than producing inventions deserving of a patent.
And while increasing R&D investments can result in higher output and productivity levels,
raising the quality of inventive output is much less responsive to higher levels of funding. When
it comes to patenting quality, more is not necessarily better.
8
These results are available upon request.
8. 8
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9. 9
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10. 10
Table 1. Summary statistics for measures of metropolitan patenting productivity and quality. (For Micropolitan Areas and
Metropolitan Statistical Areas.)
1975 - 1979 1980 - 1984 1985 - 1989
Patents per
Capita
Citations per
Patent
Patents per
Capita
Citations per
Patent
Patents per
Capita
Citations per
Patent
Mean 5.54 4.67 Mean 5.38 6.14 Mean 5.58 8.43
Median 3.19 3.00 Median 2.79 5.48 Median 3.25 4.00
Std Dev 11.79 3.65 Std Dev 17.48 4.29 Std Dev 9.44 5.83
CoV 2.13 0.78 CoV 3.25 0.70 CoV 1.69 0.69
N 934 934 N 933 933 N 944 944
Correlation 0.03 Correlation 0.07 Correlation 0.09
1990 - 1994 1995 - 1999 2000 - 2004
Patents per
Capita
Citations per
Patent
Patents per
Capita
Citations per
Patent
Patents per
Capita
Citations per
Patent
Mean 7.77 7.57 Mean 10.02 9.47 Mean 11.66 9.94
Median 4.59 5.43 Median 4.64 4.00 Median 4.54 3.14
Std Dev 12.72 5.41 Std Dev 47.70 5.41 Std Dev 53.39 4.58
CoV 1.64 0.71 CoV 4.76 0.57 CoV 4.58 0.46
N 945 945 N 951 951 N 954 954
Correlation 0.13 Correlation 0.18 Correlation 0.11
11. 11
Table 2. Summary statistics for measures of metropolitan patenting productivity and quality. (Only for Metropolitan
Statistical Areas.)
1975 - 1979 1980 - 1984 1985 - 1989
Patents per
Capita
Citations per
Patent
Patents per
Capita
Citations per
Patent
Patents per
Capita
Citations per
Patent
Mean 7.19 4.97 Mean 6.89 6.41 Mean 8.46 9.48
Median 5.24 3.00 Median 3.61 5.96 Median 5.10 4.00
Std Dev 8.67 2.16 Std Dev 8.83 3.15 Std Dev 9.92 3.48
CoV 1.21 0.43 CoV 1.28 0.49 CoV 1.17 0.37
N 363 363 N 363 363 N 363 363
Correlation 0.22 Correlation 0.27 Correlation 0.31
1990 - 1994 1995 - 1999 2000 - 2004
Patents per
Capita
Citations per
Patent
Patents per
Capita
Citations per
Patent
Patents per
Capita
Citations per
Patent
Mean 10.23 11.68 Mean 13.04 10.95 Mean 15.16 9.92
Median 6.58 3.94 Median 7.56 5.00 Median 7.98 7.04
Std Dev 14.06 5.65 Std Dev 16.83 4.39 Std Dev 20.54 3.33
CoV 1.37 0.48 CoV 1.29 0.40 CoV 1.35 0.34
N 363 363 N 363 363 N 363
Correlation 0.28 Correlation 0.34 Correlation 0.39
12. 12
Table 3. Regression results for LN(Citations) = c +βLN(Patents).
intercept β R 2
N intercept β R 2
N intercept β R 2
N
1.257 1.082 0.93 934 1.383 1.097 0.93 933 1.667 1.117 0.94 944
(0.010) (0.014) (0.006)
1.386 1.068 0.96 363 1.417 1.081 0.94 363 1.814 1.094 0.96 363
(0.013) (0.015) (0.015)
intercept β R 2
N intercept β R 2
N intercept β R 2
N
1.821 1.124 0.95 945 1.642 1.129 0.97 951 0.727 1.093 0.96 954
(0.007) (0.008) (0.008)
1.958 1.098 0.96 363 1.749 1.107 0.96 363 0.777 1.084 0.97 363
(0.011) (0.009) (0.009)
1975 - 1979 1980 - 1984
1990 - 1994 1995 - 1999
1985 - 1989
2000 - 2004
13. 13
Table 4. Regression results for LN(Citations per Patent) = c +αLN(Patents per Capita).
intercept α R 2
N intercept α R 2
N intercept α R 2
N
1.414 0.011 0.05 934 2.622 0.074 0.04 933 2.005 0.114 0.09 944
(0.023) (0.041) (0.021)
1.454 0.037 0.07 363 2.383 0.118 0.08 363 1.844 0.153 0.12 363
(0.031) (0.052) (0.019)
intercept α R 2
N intercept α R 2
N intercept α R 2
N
3.821 0.161 0.15 945 1.814 0.181 0.17 951 0.874 0.144 0.12 954
(0.022) (0.017) (0.015)
3.644 0.211 0.19 363 1.957 0.205 0.24 363 0.921 0.149 0.23 363
(0.031) (0.019) (0.015)
1975 - 1979 1980 - 1984
1990 - 1994 1995 - 1999 2000 - 2004
1985 - 1989
14. Author Bio
Deborah Strumsky is Assistant Professor in the Department of
Geography and Earth Sciences at the University of North Carolina
at Charlotte (dstrumsky@uncc.edu).
José Lobo is Associate Research Professor at the W.P. Carey School
of Business and School of Human Evolution and Social Change at
Arizona State University (jose.lobo@asu.edu)
Working Paper Series
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