DocumentCode
528980
Title
Valuable patent or not? Depends on the combination of internal patent family and external citation
Author
Chang, Yu-Hsin ; Yang, Wen Goang ; Lai, Kuei Kuei
Author_Institution
Dept. of Bus. Adm., Nat. Yunlin Univ. of Sci. & Technol., Yunlin, Taiwan
fYear
2010
fDate
18-22 July 2010
Firstpage
1
Lastpage
6
Abstract
In this article, we are going to find out the patent´s real value of itself through patent damage award. Damage award is what a patent fight to win. It might be a good approach to get patent monetary value. We find out a significant variable of forward citation representing deserved external reputation earned. Although family size is not significant, it provides better protection as internal portfolio planed. A new joint random variable EPR earn plan ratio, forward citation counts divide by family size, stand for whether a company internal strategical plan could earn external reputation. A low EPR represents that a company might put too much resource to less competitive innovations. It could help a company get its best patent portfolio management.
Keywords
patents; research and development; strategic planning; R&D; company internal strategical plan; internal patent family; patent damage award; patent monetary value; valuable patent; Awards activities; Companies; Correlation; Databases; Law; Patents; Random variables;
fLanguage
English
Publisher
ieee
Conference_Titel
Technology Management for Global Economic Growth (PICMET), 2010 Proceedings of PICMET '10:
Conference_Location
Phuket
Print_ISBN
978-1-4244-8203-0
Electronic_ISBN
978-1-890843-21-2
Type
conf
Filename
5602078
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