Review of Methods and Tools for Intellectual Property Analysis of Public Sector Entities

Abstract

The low efficiency of intellectual property (IP) in the public sector in our current economic environment is largely due to the insufficient development of the prevailing accounting and analytical system. Analytical methods, and the information basis of their application, are the core of this system. The formation of an accounting and analytical system consistent with the development priorities of public sector entities requires special research.This article provides a review of the methods and tools of analysis used by Russian and foreign scientists in the field of IP. Our research sample comprises 52 foreign and 39 Russian sources. Through a detailed textual analysis process, we systematise the existing methods used in the analyses of certain aspects of intellectual activity, and assess the information disclosure therein. Our evaluation is targeted towards identifying prospects for harmonising Russian and international approaches, and provide the groundwork for the improvement of accounting and analytical support for IP management in the public sector.Our results reveal possibilities for expanding the system of IP analysis methods for solving problems in the field of the IP economics and management on the basis of patent analytics. We also collate and classify patent analytics methods, and identify existing methodological problems at the macro- and microeconomic levels. Analytical methods are grouped in accordance with three stages of the reciprocal model of IP accounting and analysis in the public sector, developed within the framework of a novel theoretical and methodological approach.In conclusion, we illustrate the potential for applying the methods of nonlinear dynamics and the dynamic theory of innovation (re: patent information) to determine the trajectories of public sector entity development concerning levels of information disclosure. We also identify areas for follow up research revealed through our analysis.

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“…These conclusions are of practical importance for large and medium-size companies, which are looking for tools to increase the availability of financial resources in a faltering economy. In particular, a low efficiency of intel-lectual property is observed in the public sector [24] due to its underdeveloped accounting and analysis system. Patent analysis is another method that can be used for intellectual property analysis to solve economic problems.…”