6# Policymakers Session: Large firms’ inventions call for strategic innovation policies
November 5, 2020
Which are the principal actors of innovation worldwide? Where are concentrated the inventive activities and why? The 6th RISIS Policymakers Session will take place on the 3rd December in an online format (2 pm – 4 pm) with a presentation of Patricia Laurens, Antoine Schoen and Philippe Larédo (LISIS, Université Gustave Eiffel), aiming to explore the universe of international patents and the role of multinational firms in shaping the dynamics of knowledge production worldwide.
RISIS will focus on a study conducted by LISIS Université Gustave Eiffel whose one of the main results shows how the large firms play a critical role in knowledge production, representing 80% of worldwide international inventive activities. This main role has increased over the last decade. Moreover, though the spread of activities of large multinational firms has significantly grown in one decade and though LMF is present in 60% of inventive metropolitan areas, the 100 top metropolitan areas worldwide concentrate 70% of large multinational firms’ international patents.
The study illustrates also some structural and relevant differences among the continents taken into consideration: the large metropolitan areas gather 90% of international patents in Asia, 70% in the US, but only 37% in Europe. Europe has thus a very different structure where inventive activities are more distributed with a central role of medium-size metropolitan areas. National’ LMF plays a majority role in the overall production of metropolitan areas: over 90% in Asia, and 75% in the US. In Europe, this share is only 57%. This highlights the role of LMF from other European countries (23%) and from outside of Europe (20%). The results suggest opening a debate on the framing of research and innovation policies. Caroline Paunov (OECD) and Pietro Moncada-Paternò-Castello (Joint Research Centre, EC) will add their valuable contribution to the discussion.
The analyses have been conducted using in an integrated way the three major resources developed within RISIS: CIB dataset on large firms, RISIS patent database on patents, and CORTEXT geolocation on metropolitan areas.