Authors:Hsin-Ning Su, Carey Ming-Li Chen, and Pei-Chun Lee
analysis are adopted in this study in order to characterize patents and answer the following two questions: (1) what are the characteristic differences between litigated patent and non-litigated patent, (2) how a patent's characteristic influences the
In recent years, firms have increased their use of internal and external knowledge through intermediaries. Knowledge brokers
match buyers and sellers in the technology marketplace as well as connect and combine existing knowledge. We discuss how financial
incentives in the technology marketplace can address challenges to open innovation, and how the marketplace could make individual
inventors essential contributors. And then, we identify the key determinants of intellectual-property auction bids and different
characteristics of auctioned and non-auctioned patents. Relevance, the scope of patents, and other factors suggested in the
literature impact patent auctions, as mediated by knowledge brokers.
number of relevant patents. Therefore, the economic literature systematically relies upon indicators of patent quality. Indicators are quantitative patentcharacteristics that are easily observable and are thought to reflect their social value
Thus to summarise the procedure, we have to do the following: 1. Calculate the patent value based on the renewal formula Eq. 1 . 2. Use a Tobit-model to regress this value on a set of explanatory patentcharacteristics
. Scientometrics 82 1 175 – 183 10.1007/s11192-009-0080-4 .
Cockburn , I , Kortum , S , Stern , S 2003 Are all patent examiners equal? Examiners, patentcharacteristics, and litigation outcomes W Cohen S