Extracting Patent-Related Information from Online Social Networks: Case of Facebook

Abstract

In this study, we investigate how to identify and extract patent-related information from Facebook, the largest online social network. In the first step, we identified a list of trustworthy sources we started search from. Then, we developed algorithms for extracting and filtering information, and based on them software tool that is able to identify and deliver a patent, the Facebook post where it is mentioned and news / blog article which discuss it. We did a pilot test and collected more than 50 examples of articles (and Facebook posts) that add value to the patent they refer to. We classified collected articles and discussed how they can be used. Finally, we outlined where developed tool can be applied.

New Methods of Online Advertising: Social Media Influencers

“…For example, thanks to social media, individuals like certain bloggers and similar public opinion leaders have a stronger influence and credibility than traditional media such as the Wall Street Journal. Since social networks have become ubiquitous, they have also found their place in business, or exploitation of human resources [21]. Business social networks also help employees collaborate with their colleagues in ways that are based on the ideas and experience of all other employees who can now collaborate on innovative ideas [22].…”