Vol.6, No.2, May 2017.                                                                                                              ISSN: 2217-8309

                                                                                                                                                 eISSN: 2217-8333


TEM Journal



Association for Information Communication Technology Education and Science

Factors Affecting Innovation and Patent Propensity of SMEs:

Evidence from Macedonia


Slavica Rocheska, Dimitar Nikoloski, Marjan Angeleski, Gjorgji Mancheski


© 2017 Slavica Rocheska et al, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)


Citation Information: TEM Journal. Volume 6, Issue 2, Pages 407-415, ISSN 2217-8309, DOI: 10.18421/TEM62-28, May 2017.




The innovation and proprietary knowledge nowadays represent a basis for new competitive strategies of the companies. In that regard, the patents are among the most representative indicators for their innovative activities. This paper is primarily focused on assessing the relationship between innovation and patent propensity of SMEs. More precisely, the main objective is to identify the significant factors that affect patent propensity of SMEs and to determine the implications of patents upon the SMEs innovation. In this context, the paper encompasses an analysis of several relevant factors such as: the available resources of SMEs, the strategies for development of intellectual property rights and the impact of policy measures. The empirical analysis of the patent propensity of SMEs is performed in a country specific context for Macedonia which provides a basis for proposing appropriate policy recommendations.


Keywords – patent propensity, innovation, SMEs growth.



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