What determines patent value?: Insights from the semiconductor industry
This paper contributes to an understanding which impacts certain patent characteristics have on the value of patent rights. In an exploratory study, 127 individual patents from a semiconductor company were evaluated comprehensively by technical and marketing representatives. The analysis of this rar...
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| Veröffentlicht in: | Research policy 2003, Vol.32 (1), p.13-26 |
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| container_title | Research policy |
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| creator | Reitzig, Markus |
| description | This paper contributes to an understanding which impacts certain patent characteristics have on the value of patent rights. In an exploratory study, 127 individual patents from a semiconductor company were evaluated comprehensively by technical and marketing representatives. The analysis of this rare data shows that for patents used as “bargaining chips”, novelty and inventive activity are most important. Difficulty of inventing around and disclosure turn out to be of limited importance. Due to a selection bias the influence of patent age on its value cannot be determined. The results hint at a differentiated theoretical plausibility of value indicators. |
| doi_str_mv | 10.1016/S0048-7333(01)00193-7 |
| format | Article |
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| ispartof | Research policy, 2003, Vol.32 (1), p.13-26 |
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| language | eng |
| recordid | cdi_proquest_journals_223245039 |
| source | RePEc; ScienceDirect Journals (5 years ago - present) |
| subjects | Empirical research Multivariate analysis Patent indicators Patent value Semiconductors Statistical analysis Studies Value determinants |
| title | What determines patent value?: Insights from the semiconductor industry |
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