Related papers: Patent Value Characterization -- An Empirical Anal…
The contribution of academia to US patents has become increasingly global. Following a pause, with a relatively flat rate, from 1998 to 2008, the long-term trend of university patenting rising as a share of all patenting has resumed, driven…
This study uses patent renewal information to estimate private value of patents by technology and ownership status. Patent value refers to the economic reward that the inventor extracts from the patent by making, using or selling an…
The total number of patents produced by a country (or the number of patents produced per capita) is often used as an indicator for innovation. Here we present evidence that the distribution of patents amongst applicants within many OECD…
While patents and standards have been identified as essential driving components of innovation and market growth, the inclusion of a patent in a standard poses many difficulties. These difficulties arise from the contradicting natures of…
This article examines the complex trade-offs inherent in the patent system, exploring whether patents truly incentivize innovation or inadvertently hinder progress. It traces the historical evolution of patent rights from their origins in…
Green patents are a key indicator to track technological efforts aimed at fighting climate change. Using an original dataset that merges different Patstat releases, we identify three mechanisms that may bias green patent statistics,…
This study investigates the causal relationship between patent grants and firms' dynamics in the Information and Communication Technology (ICT) industry, as the latter is a peculiar sector of modern economies, often under the lens of…
This article reviews the empirical evidence on the use of patent citations as a proxy for invention importance. It distinguishes between technical merit, private economic value, and social value, and surveys validation studies using expert…
Despite decades of research, the relationship between the quality of science and the value of inventions has remained unclear. We present the result of a large-scale matching exercise between 4.8 million patent families and 43 million…
In the rapidly evolving landscape of technological innovation, safeguarding intellectual property rights through patents is crucial for fostering progress and stimulating research and development investments. This report introduces a…
This article examines the proportion of technical knowledge that is eventually patented and discusses implications for innovation. Drawing from economic theory and information science, the study considers a continuum from raw data to…
Patent systems vary widely in how rigorously they define and enforce inventors' rights. On one hand, formal statutes ("law on the books") set the scope of what can be patented and outline procedural safeguards. On the other hand, actual…
Almost by definition, radical innovations create a need to revise existing classification systems. In this paper, we argue that classification system changes and patent reclassification are common and reveal interesting information about…
Using the 138,751 patents filed in 2006 under the Patent Cooperation Treaty, co-classification analysis is pursued on the basis of three- and four-digit codes in the International Patent Classification (IPC, 8th edition). The…
Indian Universities and Research Institutions have been the cornerstone of human resource development in the country, nurturing bright minds and shaping the leaders of tomorrow. Their unwavering commitment to excellence in education and…
Patent quality is a critical yet complex concept of interest to inventors, legal experts, and policymakers alike. This article demystifies patent quality by examining its various dimensions and definitions. It begins by discussing invention…
We develop a high-precision classifier to measure artificial intelligence (AI) patents by fine-tuning PatentSBERTa on manually labeled data from the USPTO's AI Patent Dataset. Our classifier substantially improves the existing USPTO…
In an age of fast-paced technological change, patents have evolved into not only legal mechanisms of intellectual property, but also structured storage containers of knowledge full of metadata, categories, and formal innovation. This…
The dynamics of innovation are nonlinear and complex: geographical, technological, and economic selection environments can be expected to interact. Can patents provide an analytical lens to this process in terms of different attributes such…
Invention has been commonly conceptualized as a search over a space of combinatorial possibilities. Despite the existence of a rich literature, spanning a variety of disciplines, elaborating on the recombinant nature of invention, we lack a…