TY  - JOUR
AB  - Purpose The purpose of the paper is to advance a framework that can assess and analyze the value of patent portfolios. On this purpose, the framework develops a conceptual and comprehensive index, the patent portfolio value index (PPVI), to assess the patent innovation level and suggest economic-strategic guidelines.Design/methodology/approach The authors have designed and applied a framework that synthesizes into a single index the results of a multiple criteria approach, based on information derived from quantitative objective data (claims, citations, and market coverage), information related to qualitative determinants (strategic positioning and economic importance), and information derived from decision makers’ perceptions and judgments.Findings The authors have applied the PPVI to the 3,532 patent portfolio documents in an Italian worldwide player in aerospace and defense market. The combined analysis, provided by the PPVI and a qualitative synoptic representation, has made it possible to understand the strategic positioning and alignment of patents with the core business of the company. The results of the analysis have provided managers with the necessary suggestions regarding action items to be performed: to reinforce, license, try to dismiss, or sell some of the examined patents of the portfolios.Practical implications The PPVI supplies a quick procedure to ascertain the profitability of patents and accounts for the value of a patent portfolio from an internal business perspective.Originality/value As it is built and defined, the PPVI shows elements of novelty compared to the other indexes existing in the literature, in that it follows a multiple criteria approach by merging quantitative and qualitative information.
VL  - 21
IS  - 2
SN  - 1460-1060
DO  - 10.1108/EJIM-02-2017-0009
UR  - https://doi.org/10.1108/EJIM-02-2017-0009
AU  - Grimaldi Michele
AU  - Cricelli Livio
AU  - Rogo Francesco
PY  - 2017
Y1  - 2017/01/01
TI  - Valuating and analyzing the patent portfolio: the patent portfolio value index
T2  - European Journal of Innovation Management
PB  - Emerald Publishing Limited
SP  - 174
EP  - 205
Y2  - 2024/04/19
ER  -