Changes in the quality of inventive output and patent based indices of technological change by Derek L. Bosworth

Cover of: Changes in the quality of inventive output and patent based indices of technological change | Derek L. Bosworth

Published by University of Warwick, Centre for Industrial Economic and Business Research in Coventry (Coventry CV4 7AL) .

Written in English

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Subjects:

  • Inventions.,
  • Technological innovations.,
  • Patents.

Edition Notes

Book details

StatementDerek L. Bosworth.
Series(Warwick research in industrial and business studies -- no.17), Warwick research in industrial and business studies -- no.17.
Classifications
LC ClassificationsT212
The Physical Object
Pagination(1),13,ii,(1)leaves :
Number of Pages13
ID Numbers
Open LibraryOL20864208M
ISBN 100902610120

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A patent may both be reclassified to the industry where the invention took place, or to the user B.L. Basberg / Patents and the measurement of technological change industry. The patent owner will most likely repre- sent the industry of origin, and the researcher needs a detailed knowledge of different industries to be able to find the Cited by: It concludes that patent data represent a valuable resource for the analysis of technological change.

They can be used to study longer-run interfirm differences in inventive activity and as a substitute for R&D data where they are not available in the desired detail. Moreover, patent renewal data, which are also becoming available in the U.S., allow one to construct more relevant "quality weighted" inventive "output" measures.

Patent data are considered to be result-based indicators of innovation and the reflection of technological and scientific changes and inventive processes [7]; and are capable of "appropriately Author: Daniele Archibugi.

The Value of Patents as Indicators of Inventive Activity Zvi Griliches, Ariel Pakes, and Bronwyn II. Hall* 1. Introduction In this paper we present an overview of a series of studies pursued at the NBER during the last decade which used patent statistics to study different aspects of the economics of technological change.

It consists of. D.L. Bosworth, Changes in the Quality of Inventive Out- put and Patent Based Indices of Technological Change, Bulletin of Economic Research 25 (2) () [5] D.L.

Bosworth, Technological Environment, Market Structure and Investment in Technological Change, in Puu and Wibe (eds.) Technical Progress (Macmillan, London, ). [6]Cited by: TY - JOUR.

T1 - Copyright protection, technological change, and the quality of new products. T2 - Evidence from recorded music since Napster. AU - Waldfogel, JoelCited by: level of demand, the quality of patents, and technological exhaustion.

We first develop an index of patent ‘quality’ using detailed information on patents in the U.S. in seven technology fields. Using a factor model, we construct a minimum-variance index based on four patent characteristics.

This data set and information about patent institutions allow inferences about changes in the quality of patent examination. Allison and Lemley () and Jaffe () discuss trends in increasing patenting activity over the past two decades, and Merges () discusses the possible ramifications on patent litigation and incentives to innovate.

Technological Change: A Survey of the Literature," Research Policy. Pavitt, Keith (), "Uses and Abuses of Patent based on patent indicators indicators measure the effect of quality technology on the company's futureFile Size: KB. inversely related to the level of demand and average patent quality.

At the same time we find no evidence of technological exhaustion at the micro level, i.e., there are no negative time trends in research productivity, conditional on the level of R&D. We find that differences in (average) patent quality across firms are strongly.

The innovation literature has argued that forward patent citations are a good indicator of the quality of the innovation. Hall, Jaffe, and Trajtenberg () and Nicholas () have argued that forward citations are also correlated with the private value of patents based on a regression of a firm's Tobin's Q on its stock of citation-weighted Cited by: MEASURING THE TECHNOLOGICAL AND ECONOMIC VALUE OF PATENTS Several experimental composite indices, based on groups of relevant factors, generated consistent results.

They all suggest that a) the average technological and economic value of inventions patent quality is widely perceived generate uncertainty, to lower incentives to innovate File Size: KB.

This paper examines the effect of environmental policies on technological innovation in the specific case of renewable energy.

The analysis is conducted using patent data on a panel of 25 countries over the period – We find that public policy plays a significant role in determining patent applications.

Different types of policy instruments are Cited by:   Advances in information technology have increased actual and potential uses of patent statistics as proxy measures of innovative activities. Analytical contributions have come out of economics, bibliometrics, and descriptive comparisons for policy purposes.

They show achievement of promise in analysing (1) international patterns of innovative activities and their Cited by: The worldwide count of priority patents: a new indicator of inventive activity. De Rassenfosse, Gaétan, () Book of abstracts / Seminar on New S&T Indicators for a Knowledge-Based Economy: Development Issues: Canberra 26 - 28 November, () More.

Patent Portfolio Analysis of Cities: Statistics and Maps of Technological Inventiveness. Dieter Franz Kogler a*, Gaston Heimeriks b, and Loet Leydesdorff c. DRAFT – December Abstract. Cities are engines of the knowledge-based Cited by: 1.

Patents forecast technological change Date: Ap relating technological improvement to a variety of patent characteristics. Technological dynamism and other stock-market indices. How To Measure Patent Quality: A View from Silicon Valley We’re continuing our patent quality discussion by tackling the issue of measurement.

How to measure patent quality is an appealing topic for everyone who especially subscribes to a “you. ‘Quality’ Of A Patent: Test Of Inventive Step; Patents are mostly sought for inventions which vary from the known only with respect to some minor element or detail.

An alleged invention may be said to consist purely in putting two known things together to make a single thing. To put Patent Valuation methods into context, simple patent counts are already being integrated into European policy.

For example the European Trend Chart- a monitor of inventive activity in Europe uses two patent based indicators. The use of patent valuation methodologies is also becoming commercialised.

Patent statistics: A good indicator for innovation in China. Patent subsidy its disadvantages in terms of timeliness and thus cannot reflect recent changes in patent quality. Moreover, the two lines of research seem to be parallel when dealing with patent quality.

Studies based on survey data have illustrated exaggerated. For each patent accepted by the U.S. Patent Office, a patent reviewer will file the patent under several classes within both classification systems.

For instance, a solar photovoltaics patent may be entered under the U.S. classes “batteries” and “active solid-state devices” and within the international system as “semiconductor devices.”.

By considering a regional sample of Italian inventors, this paper explores the factors behind the different individual performances in terms of number and quality of patents. Our reference population is composed of inventors residing in the Marche region who, over the periodhave contributed to patent applications filed at the European Patent Office.

patent is investigated. Finally, the inventive principle used in each category of patent is summarized and the inventive principles used in the formwork patents are displayed.

The future formwork innovation idea is suggested. The contradiction matrix table is used to summarize the inventive principles of the parameters to be improved soCited by: 8. relatively little change in our publishing market.

Prices continued to rise each year. Publishing schedules remained publishing of our book seemed suspended in time. Most frustratingly, our students were paying well over $ for a book that generated just $15 in total royalties. This pattern conflicted the thrust of with ourAuthor: Peter Seth Menell, Mark A.

Lemley, Robert P. Merges. Measuring Outputs and Outcomes of Innovation As described in Chapter 4, innovation output may be indicated by statistics on patents, papers, prizes, invention disclosures, and degrees awarded, while outcome proxies include patent and paper citations, expert evaluations, innovation counts, new product sales, measured productivity growth, and.

For those with a deep interest in patent evaluation and value assessment, True Patent Value is a thoughtful and thought-provoking resource.

After outlining core concepts in patents and their valuation, the book dedicates pages to case studies and anecdotes associated with more than two dozen patents from court cases, ITC actions, patent pools, patent sales and PTO /5(6). A patent is a single document with coverage over a specific region (US, EPO designated countries, etc.) A patent family is a collection of docs from different patent offices with coverage of the same invention BUT.

The precise definition and scope of a patent may vary in different regions, so that there can be 2 equivalents in oneFile Size: KB. The central idea of this paper is that innovation systems are a very important determinant of technological change.

We describe that the emergence of a new innovation system and changes in existing innovation systems co-evolve with the process of technological by: and identify a specific technological trend. Second, in prior research, patent citation lags used to distinguish between innovations of different quality have been too short to distinguish between incremental and radical innovations.

Lags of ten years and longer are recommended. Short lags may obscure patent-based comparisons of firm. The Design Publication Quality program was created as a patent quality advancement to improve the image quality of published design patents.

The USPTO received feedback that the images published as part of design patent grants were degraded compared to the images that applicants provided to the Office with initial : Patents. either “low” quality, “medium”, or nominal quality, or high quality.

In the above instances, management or court decisions can, and often do, correlate directly to financial gains or losses. Understanding the business, technology or legal quality of a patent prior to the decision to involve a particular patent in a.

RESEARCH, PATENTING, AND TECHNOLOGICAL CHANGE1. This paper develops a search-theoretic model of technological change that accounts for some puzzling trends in industrial research, patenting, and productivity growth.

In the model, researchers sample from probability distributions of potential new production techniques. The paper contains the fundamental findings and equations relating technological improvement to a variety of patent characteristics. Technological dynamism InMagee began determining the.

Hence, to avoid infringement of a patent, changes to a product or process must be made to avoid literal infringement and infringement under the Doctrine of Equivalents.

Myth: The percentage difference of a product compared to a patented product does not indicate whether the product infringes on claims of the patent. The second uses patent data as an indicator of inventive activity, relying on the fact that patent offices attempt to apply fairly uniform standards of novelty and inventive step when granting patents, so that counts based on them should reflect the innovative activity in a society or in a particular industrial or technology Size: 67KB.

The inventive step and novelty tests should better target an innovation’s technical features. This would help ensure the patent system targets technological innovations, especially where innovations are based on a mix of technical and non-technical features, or mainly involve obvious and/or trivial combinations of pre-existing objects.

The change from the quill pen to the ball point pen we use is today is referred to as: Patent Government helps inventors and innovators of technology protect and control the use of their ideas for a limited time by giving them a.

The recently released USPTO Office Action dataset (Lu, Myers and Beliveau ) allows for further assessment of the informational content of patent citations. The figure above displays the textual similarity between the claims from a focal patent and the claims contained in the focal patent’s citations (what we call invention similarity).

“A new Study on Technological Innovation Index Launched” This study demonstrates the usefulness of patent and citation data in illuminating the process of technological change and as a powerful tool for research in the economics of technology and innovation. Excerpt from the book Not all innovations are equal.trial innovation.

The OECD Patent Manual provides guidelines for the use of patents as well as a guide to the patent-based literature (see also Basberg, ; Pavitt, ; Griliches, ). Like any other technological indicator, patents have advantages and disadvantages, which it .Consumer adoption of technological innovations is the process consumers use to determine whether or not to adopt an process is influenced by consumer characteristics, such as personality traits and demographic or socioeconomic factors, the characteristics of the new product, such as its relative advantage and complexity, and social influences, such as .

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