Examining the Relationship between Earnings and Patent Filings among Pharmaceutical Companies in Asia
Asian pharmaceutical firms often take over a decade to develop new patentable technology, with costs running into billions of dollars. It is a widely held belief that the resulting patents determine the future viability of the firm. The purpose of this study is to examine the number of patent filing...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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EconJournals
2020-11-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/10509 |
| _version_ | 1797918370426781696 |
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| author | Alina Okun Randall Valentine |
| author_facet | Alina Okun Randall Valentine |
| author_sort | Alina Okun |
| collection | DOAJ |
| description | Asian pharmaceutical firms often take over a decade to develop new patentable technology, with costs running into billions of dollars. It is a widely held belief that the resulting patents determine the future viability of the firm. The purpose of this study is to examine the number of patent filings and the number of jurisdictional patent filings on the earnings of the firm. We find that a significant relationship exists between the number of patent filings and profitability, but no such relationship exists between the jurisdictional filings and profitability.
Keywords: Pharmaceutical, Patent Filing, Asian Health Care
JEL Classifications: F, G, M
DOI: https://doi.org/10.32479/ijefi.10509
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| first_indexed | 2024-04-10T13:28:00Z |
| format | Article |
| id | doaj.art-771d9f0aa62b454f850dfc74b10b9614 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T13:28:00Z |
| publishDate | 2020-11-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-771d9f0aa62b454f850dfc74b10b96142023-02-15T16:11:47ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382020-11-01106Examining the Relationship between Earnings and Patent Filings among Pharmaceutical Companies in AsiaAlina OkunRandall ValentineAsian pharmaceutical firms often take over a decade to develop new patentable technology, with costs running into billions of dollars. It is a widely held belief that the resulting patents determine the future viability of the firm. The purpose of this study is to examine the number of patent filings and the number of jurisdictional patent filings on the earnings of the firm. We find that a significant relationship exists between the number of patent filings and profitability, but no such relationship exists between the jurisdictional filings and profitability. Keywords: Pharmaceutical, Patent Filing, Asian Health Care JEL Classifications: F, G, M DOI: https://doi.org/10.32479/ijefi.10509 https://www.econjournals.com/index.php/ijefi/article/view/10509 |
| spellingShingle | Alina Okun Randall Valentine Examining the Relationship between Earnings and Patent Filings among Pharmaceutical Companies in Asia International Journal of Economics and Financial Issues |
| title | Examining the Relationship between Earnings and Patent Filings among Pharmaceutical Companies in Asia |
| title_full | Examining the Relationship between Earnings and Patent Filings among Pharmaceutical Companies in Asia |
| title_fullStr | Examining the Relationship between Earnings and Patent Filings among Pharmaceutical Companies in Asia |
| title_full_unstemmed | Examining the Relationship between Earnings and Patent Filings among Pharmaceutical Companies in Asia |
| title_short | Examining the Relationship between Earnings and Patent Filings among Pharmaceutical Companies in Asia |
| title_sort | examining the relationship between earnings and patent filings among pharmaceutical companies in asia |
| url | https://www.econjournals.com/index.php/ijefi/article/view/10509 |
| work_keys_str_mv | AT alinaokun examiningtherelationshipbetweenearningsandpatentfilingsamongpharmaceuticalcompaniesinasia AT randallvalentine examiningtherelationshipbetweenearningsandpatentfilingsamongpharmaceuticalcompaniesinasia |