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Examining the Relationship between Earnings and Patent Filings among Pharmaceutical Companies in Asia

Author

Listed:
  • Alina Okun

    (Capella University, Minneapolis, Minnesota, United States,)

  • Randall Valentine

    (William Carey University, Shillong, Meghalaya, United States.)

Abstract
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.

Suggested Citation

  • Alina Okun & Randall Valentine, 2020. "Examining the Relationship between Earnings and Patent Filings among Pharmaceutical Companies in Asia," International Journal of Economics and Financial Issues, Econjournals, vol. 10(6), pages 217-221.
    • Handle: RePEc:eco:journ1:2020-06-25
    as

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    References listed on IDEAS

    as
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    5. Jin Guo, 2015. "On the spillovers between patents and innovation in Japan," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 39(3), pages 590-605, July.
    6. Dunk, Alan S., 2011. "Product innovation, budgetary control, and the financial performance of firms," The British Accounting Review, Elsevier, vol. 43(2), pages 102-111.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Said Muhammad & Ximei Kong & Shahab E. Saqib & Nicholas J. Beutell, 2021. "Entrepreneurial Income and Wellbeing: Women’s Informal Entrepreneurship in a Developing Context," Sustainability, MDPI, vol. 13(18), pages 1-22, September.

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    More about this item

    Keywords

    Pharmaceutical; Patent Filing; Asian Health Care;
    All these keywords.

    JEL classification:

    • F - International Economics
    • G - Financial Economics
    • M - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics

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