“…As a consequence, organisations may be more interested in acquiring patents with a high scientific content, since they are deemed as more valuable (Messeni Petruzzelli, Rotolo, and Albino 2015), although the advantages provided by employing scientific knowledge in innovation processes vary according to the specific sector and application (Cassiman, Veugelers, and Zuniga 2008;Mansfield 1995). Specifically, scholars suggested that the more patents contain scientific references, the more they refer to basic research (Fischer and Henkel 2012;Meyer 2000;Narin, Hamilton, and Olivastro 1997), and this relationship has been proved to be particularly relevant in specific industries as the biotechnology sector, where science significantly nurtures the innovation process (McMillan, Narin, and Deeds 2000).…”