USECHE Diego

Coordonnées  

Post Doctorant au GREThA UMR - CNRS 5113
Université de Bordeaux
Avenue Léon Duguit
33608 PESSAC CEDEX
Bureau F347

diego.useche@u-bordeaux.fr

Titre de la thèse  

Les droits de propriété intellectuelle et les marchés financiers dans la stratégie des firmes du logiciel en Europe et aux Etats-Unis

Directeur de thèse  

Date de début de la thèse  

09/2009

Date de fin de thèse  

05/2014

Thèmes de recherche  

  • Empirical studies in economics of intellectual property and innovation, industrial organization, entrepreneurial finance, initial public offerings (IPOs), venture capital support, technology policies and patent behavior in high-tech industries.

  • Technological innovation and public policy
  • Knowledge and Financing
  • Institutions and innovation
  • High-tech industries
  • Migration and Innovation

Enseignement  

    1. Descriptive statistics and financial mathematics I. L2. 
    2. Introduction to Macroeconomics. L1. 
    3. Introduction to Informatics. L1
    4. Decision Making Statistics. L2. 
    5. Research methodology. L3.
    6. Introduction to econometrics with STATA (in English).
    7. Panel data analysis. M2. (in English) 
    8. European Databases. L3. (in English)
    9. Veille territoriale et de l'innovation. L3. IAE ST Etienne
    10. Financement de l'innovation et veille financière. L3. 
    11.  

 

Responsabilités collectives  

Referee Activity
Journal of Management Studies, Research Policy, Industry and Innovation.

 

Présentation/résumé de la thèse  

Les succès du modèle d'innovation américain pour faire émerger des firmes leaders dans plusieurs domaines a largement influencié de nombreuses transformations réglementaires concernant les Droits de Propriété Intellectuelle (DPI) et le financement par les marchés en Europe. Cette thèse vise à analyser le rôle et l'importance de ces transformations dans l'organisation et la performance de firmes du logiciel. Nous montrons que des multiples mutations réglementaires des DPI ont ouvert la voie à un certain type de brevetabilité "très restreint" du logiciel en Europe. En parallèle, les évolutions dans le domaine financier ont favorisé l'émergence des marchés financiers dont le rôle est de plus en plus déterminant dans la croissance et le développement des jeunes firmes innovantes. De plus, il semblerait que l'usage stratégique du brevet soit complémentaire avec le financement par le marché de firmes du logiciel. Nous étudions cette complémentarité à travers l'analyse de la valeur du brevet en tant que signal pour les investisseurs lors de l'introduction en bourse ainsi que son effet sur la survie des firmes du logiciel après leur cotation. Cette complémentarité expliquerait en partie le recours accru au brevet dans un secteur dans lequel il est très controversé. Elle renvoie à un processus de sélection particulier du système et à l'émergence d'acteurs gagnants et perdants.

Abstract: The success of the US innovation model to help start-ups emerge as global leaders has greatly influenced many regulatory changes on Intellectual Property Rights (IPR) and the external finance of firms in Europe. This study aims to analyze the role and importance of these changes in the organization and performance of software firms. We show that multiple regulatory mutations of IPR have paved the way for some kind of “restricted” patentability of software in Europe. In parallel, via changes in financial markets, they play an increasing role in the growth and development of young innovative companies. In addition, it seems that the strategic use of patents is complementary with software firms’ access to capital markets. We study this complementarity by analyzing the value of patents as signals for IPO markets and their impact in the likelihood of survival of newly-listed companies. We argue that this complementarity may explain the increased importance of patents in a sector where patents are highly controversial. It refers to a particular market selection process and the appearance of winning and losing actors.

 

Participation à des projets de recherche  

           

            ANR ODIN Orphan Drugs Innovation. Coordinateur du projet Philippe Gorry. Projet présélectioné.

  • ANR EMTT EMTT, Europe as a Migration continent : A talent and Trade perspective. Coordinateur du projet Professeur Francesco Lissoni. Projet présélectionné. 
  •  
  • INCAMED ORPH Cancers rares et médicaments orphelins : innovation et inégalité. http://gretha.u- -bordeaux.fr/fr/projet-collaboration-de-recherche/autr... Responsable du projet au GREThA : Philippe Gorry (Start January 2016). 
  •  
  •  
  • ICATSEM - Institutional Changes and trajectories of socioeconomic development models. (Under grant agreement n° 225349). Work package 4 « Sectoral studies of institutional configurations and industrial dynamics ». The WP4 leader : Bernard Jullien, University of Bordeaux.
  •  
  • FINNOV - Finance, Innovation and Growth : changing patterns and policy implications. FINNOV is aimed at understanding the relationship between changing financial markets, innovation dynamics, and economic performance. The project was co-ordinated by Professor M. Mazzucato. WP5 -Corporate Governance and Innovation : Implications for Stable and Equitable Economic Growth, WP5 leader : Claude Dupuy, University of Bordeaux.

Communication  

  • DRUID 20th Anniversary Conference. Copenhagen, Denmark, June 13-15, 2016 (Parallel Paper Session-Funding Entrepreneurship)

    American Association of Geographers. California. USA. April exp. 2016 

    DRUID Academy 2016 as Senior Discussant and Chair. University of Bordeaux. January 2016 

    CERDI, Atelier Migrations Internationales GDRI, Université d'Auvergne, Clermont Ferrand. Nov 2015 

    Urban and Regional Research Center Utrecht (URU), Invited by Pierre-Alexandre Balland. Oct 2015

    ENEF 2015: 12th European Network on the Economics of the Firm meeting. Toulouse, France. Sep 2015

    2nd International Conference on the Dynamics of Entrepreneurship. Center for European Research (ZEW). Mannheim, Germany. May 2014

    DRUID Summer Conference 2013. ESADE Business School, Barcelona. Spain. Juin 2013

    EMAEE 2013: 8th European Meeting on Applied Evolutionary Economics. SKEMA Business School, Sophia Antipolis, France. Juin 2013

    PSDM-OCDE, Patent Statistics For Decision Makers. "Knowledge Assets and Economic Growth". Paris, France. (28-29 November, 2012)

    The Governance of a Complex World. INTERNATIONAL CONFERENCE, Nice, France. (1st-3rd November, 2012)

    DRUID Summer Conference 2012 :“The role of patents as signals for the IPO market : An empirical comparison for the U.S and the European software industry” Best Young Scholar Paper Award, DRUID Summer Conference 2012. Copenhagen Business School. Danemark. (Juin 2012)

    CISS - Competition and Innovation Summerschool, Turunç/Marmaris, Turkey. (May 2012)

    La nouvelle alliance industrielle- Entrepreneurs, innovation et création de valeur dans la mondialisation. ISEG GROUP, Paris. (5 avril 2012)

    DRUID Academic conference 2012 for doctoral students in economics and management of innovation, technology and Organization. The Moeller Centre / University of Cambridge, UK.  (January 2012)

    IIDEOS PHD colloquium in Innovation, Industrial Dynamics, Entrepreneurship, Organisation and Space at the university of Philipps in Marburg, Germany. (October 2011)

    Workpackage 5 FINNOV (Finance Innovation and Growth) Conference on the roles of financial institutions and leading industrial Sectors. Meeting at the University of Bordeaux Montesquieu IV, France. (September 2011)

    Workpackage 4 ICATSEM (Institutional Changes and trajectories of socioeconomic development models) meeting at the university of Limerick, Ireland.  (May 2011)

    Workpackage 4 ICATSEM (Institutional Changes and trajectories of socioeconomic development models) meeting at the university of Padova (Italy). Research project presented : “The comparative data on software industry in France and Germany”. (April 2010)

    Workpackage 4 ICATSEM (Institutional Changes and trajectories of socioeconomic development models) meeting at ENS Cachan – Paris(France). Research project presented : “New economy industries : The historical construction of software industry.” (November 2009)

 

Publication  

Useche D. 2014. Are patents signals for the IPO market? An EU-US comparison for the Software Industry. Research  policy 43, 1299–1311.

Useche, D., 2015, Patent behaviour and the Survival of newly-listed European Software firms. Industry and Innovation 22(01): 1-22. http://dx.doi.org/10.1080/13662716.2015.1013733

Working papers and work in progress

Highly-skilled migrants and Cross-border M&A: Firm-level evidence (with Francesco Lissoni and Ernest Miguelez)  (Expected submission: August 2016- target: Journal of International Business Studies)

Orphan Drug Designations as valuable intangible assets for IPO investors in biotech Companies (with Philippe Gorry) (Expected submission: August 2016) target: Journal of Management Studies)

Conveying quality and competitive advantage in a reputational market (with Sophie Pommet) (Work in progress- target: Academy of Management Proceedings)

 

The political strategy for innovation in the European software industry”. ICATSEM Research project.

The comparative data on software industry in France and Germany”. ICATSEM Research project.

New economy industries: The historical construction of software industry”. ICATSEM Research project.