WebJun 4, 2024 · An advantage of the weighted patent family size measure is that it is based on ex-ante information and is easy to construct for purposes of evaluating patent value. … WebThese results suggest that smaller acquisitions can be seen as part of an innovation strategy by acquiring firms with relatively low levels of internal R&D which seek to offset low R&D …
Innovation and Institutional Ownership - SSRN
Webpatent counts and citation-weighted patent counts.1 The intuition is thus: ceteris paribus, elds with greater innovative activity will have more value to protect and will do so by … WebSee Figure 1 for an example of the difference between raw and citation-weighted patent counts. The citation-based patent measure is examined in more detail in this study. Much in the same way as scholarly articles cite previous work in the area, patent documents record the previous slurm open source
Can patent family size and composition signal patent value?
WebWe find that citation-weighted patent stocks are more highly correlated with market value than patent stocks themselves and that this fact is due mainly to the high valuation placed on firms that hold very highly cited patents. Acknowledgements and … WebThe study is unique in that the authors not only present evidence on spatial knowledge flows by geo-coding the exact longitude and latitude location coordinates of citing and cited patens, but more importantly, the authors also identify geographic drivers of innovation, and examine their impacts on citation-weighted patent counts and knowledge ... WebJun 25, 2024 · Footnote 4 Therefore, the citation-weighted patent variable takes into account not only the output of the innovative activity but also the quality of the innovation via its citations in our measure for innovation. The variable \({ logCitationPatent}_{it-1}\), is the one period lagged logarithm of the citation-weighted patent stock of firm i in ... slurm partition information