Patent value assessment and commercialization strategy

Hsieh, Chih-Hung

doi:10.1016/j.techfore.2012.09.014

Cited by 69 publications

(53 citation statements)

References 23 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Many indicators have been used to assess the value or quality of a patent; for example, the number of patents, the percentage of patent growth, technology strength, number of patent citations, patent family size and so on [23]. Due to accessibility and persuasiveness, for the purpose of this study, the following indicators will be employed to measure the technological innovation of CCS: These are the lifespan of a patent, number of claims, number of forward citations, patent strength and competitive position.…”

Section: Methodsmentioning

confidence: 99%

An Assessment of Technological Innovation Capabilities of Carbon Capture and Storage Technology Based on Patent Analysis: A Comparative Study between China and the United States

Hong-hua

Yang

2018

Sustainability

View full text Add to dashboard Cite

Carbon Capture and Storage (CCS) technology is an effective technical means for addressing climate change. The patent documents related to CCS technology filed in China and the United States (U.S.) were searched from INNOGRAPHY, a business database of intellectual property and the technological innovation capabilities of CCS technology were investigated from the perspectives of the lifespan of a patent, the number of claims, the number of forward citations, patent strength and competitive position based on a comparative study between China and the U.S. The results showed that the U.S. has an obvious advantage over the technological innovation capabilities compared to China in the field of CCS technology. The global total number of granted patents in the field of CCS technology was 2325 by the end of 2015, there were 703 and 468 granted patents in U.S. and China respectively. CCS technology in the U.S. has arrived at the stage of growth, or even maturity but is still at the research and development stage in China. Although the number of patents for Chinese CCS technologies is very close to that of the U.S. and is ranked second, China should be focused on enhancing its technological capabilities and patent quality. The policy implications of these research findings and the research limitations are also noted.

show abstract

Section: Methodsmentioning

confidence: 99%

An Assessment of Technological Innovation Capabilities of Carbon Capture and Storage Technology Based on Patent Analysis: A Comparative Study between China and the United States

Hong-hua

Yang

2018

Sustainability

View full text Add to dashboard Cite

show abstract

“…Knowledge network as an important indicator has been used to observe the role and position of key actors [20], analyse the internal mechanism of knowledge flow [2,71], make a strategic assessment [72,73], and identify technological trends [74]. Therefore, we will use patent citation network to assess the importance and positions of our sample firms.…”

Section: Patent Citation Networkmentioning

confidence: 99%

Comparing the International Knowledge Flow of China’s Wind and Solar Photovoltaic (PV) Industries: Patent Analysis and Implications for Sustainable Development

2018

View full text Add to dashboard Cite

Climate-relevant technologies, like wind and solar energy, are crucial for mitigating climate change and for achieving sustainable development. Recent literature argues that Chinese solar firms play more active roles in international knowledge flows, which may better explain their success in international markets when compared to those of Chinese wind firms; however, empirical evidence remains sparse. This study aims to explore to what extent and how do the international knowledge flows differ between China's wind and solar photovoltaic (PV) industries? From a network perspective, this paper develops a three-dimensional framework to compare the knowledge flows in both explicit and tacit dimensions: (i) inter-country explicit knowledge clusters (by topological clustering of patent citation network); (ii) inter-firm explicit knowledge flow (patent citation network of key firms); and, (iii) inter-firm tacit knowledge flow (by desktop research and interviews). The results show that China's PV industry has stronger international knowledge linkages in terms of knowledge clustering and explicit knowledge flow, but the wind power industry has a stronger tacit knowledge flow. Further, this study argues that the differences of global knowledge links between China's wind and solar PV industries may be caused by technology characteristics, market orientation, and policy implementation. This suggests that these industries both have strong connections to global knowledge networks, but they may involve disparate catch-up pathways that concern follower-modes and leader-modes. These findings are important to help us understand how China can follow sustainable development pathways in the light of climate change.

show abstract

“…For example, research and development (R&D) managers need to estimate the value of patents for outlining R&D direction (Reitzig, 2003). Intellectual property (IP) managers need to prioritize strong patents not only to reduce application costs and maintenance fee, but also to maximize the profit generated from patent commercialization (Hsieh, 2013). To undertake further commercialization of patents, marketing managers have to select valuable patents and evaluate their value (e.g., by estimating royalty income) before they are licensed or transferred to others (Gallini, 2002).…”

Section: Demand For Patent Valuationmentioning

confidence: 99%

“…Such appraiser-based valuations have many drawbacks, such as the risk of leaks of confidential information, increased cost, and the inevitable bias of a small group of "outsiders." Furthermore, it is very difficult to determine the value of patents when they are numerous, not yet commercialized (no referential price), or cross-disciplinary (involving many areas of industry) (Hsieh, 2013). In addition, these valuation approaches, which usually do not consider the quality of the criteria used in decision making, are unreliable (Chen and Chang, 2010).…”

Section: Patent Valuation Approachesmentioning

confidence: 99%

“…In such an approach, quality and market criteria are often considered in the matrix construction. Hsieh (Hsieh, 2013) applied factor analysis to extract independent dimensions with which to establish matrices and then used these matrices to design commercialization strategies for different groups of patents. In addition, some scholars have used criteria with financial or simulation models to determine patent value (Ernst et al, 2010).…”

Section: Patent Valuation Approachesmentioning

confidence: 99%

See 1 more Smart Citation

Measuring the value of patents with fuzzy multiple criteria decision making: insight into the practices of the Industrial Technology Research Institute

Wang

Hsieh

2015

Technological Forecasting and Social Change

Self Cite

View full text Add to dashboard Cite

Patent value assessment and commercialization strategy

Cited by 69 publications

References 23 publications

An Assessment of Technological Innovation Capabilities of Carbon Capture and Storage Technology Based on Patent Analysis: A Comparative Study between China and the United States

An Assessment of Technological Innovation Capabilities of Carbon Capture and Storage Technology Based on Patent Analysis: A Comparative Study between China and the United States

Comparing the International Knowledge Flow of China’s Wind and Solar Photovoltaic (PV) Industries: Patent Analysis and Implications for Sustainable Development

Measuring the value of patents with fuzzy multiple criteria decision making: insight into the practices of the Industrial Technology Research Institute

Contact Info

Product

Resources

About