WebJul 13, 2024 · Hall et al. developed measures of generality for each patent, measuring the breadth of subsequent technology space citing it, and originality, measured as the breadth of cited technologies in the patent’s bibliography, so we have weighted patent counts by these alternative measures as well. Generality is measured as: 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 …
Patent Data as Indicators
WebAug 5, 2012 · The positive effect of citation weighted patents on returns is possibly because patents are seen as being closer to the final innovative output (a potential new drug) making the financial markets less impatient with results. Firms with higher innovation activity are thus not expected to display higher returns, unless they are also … 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 ... churchill manor townhomes
The Causal Effects of R&D Grants: Evidence from a Regression
WebJun 20, 2024 · The variable PAT CIT is the citation-weighted patent stock and is calculated as the sum of patent stock (PAT) and the stock of forward patent citations (CIT). Footnote 5. We also add the stock of self-citations (SELF CIT) to control for the cumulativeness of firms’ innovation activities, in line with Hall et al. . Self-citations … 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. … WebOct 27, 1998 · fied their patents, with the number of observations per group recorded in parentheses. In every value group, the average citation frequency for full-term German counterpart patents exceeds the weighted universe average of 6.83. Within our full-term sample, two broad groupings appear. The most profitable patents-those valued at $20 … devon brown