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Article
Publication date: 9 July 2021

Charu Verma and Pradeep Kumar Suri

The purpose of this paper is to highlight the use of big data through patentometric insights for R&D decision-making.

Abstract

Purpose

The purpose of this paper is to highlight the use of big data through patentometric insights for R&D decision-making.

Design/methodology/approach

This study assesses the inventive activity through ‘big datapatents, registered by inventors worldwide, using WIPO Patentscope database. The objective is to use the insights from patentometrics for R&D decision-making. The data from WIPO PatentScope (https://patentscope.wipo.int/search/en/search.jsf) was searched for current patent scenario in area of ‘big data’. The data was further organized and cleaned using the Google ‘OpenRefine’. Data was pre-processed to remove all null values. Cleaned data was analyzed using programming language ‘R’, MS Excel (charts and Pivot tables) and free data visualization tool called ‘Tableau Public’, to get insights for R&D decision-making.

Findings

The key insights included trends (patents with years of publication), top technologies trending the current space, top organizations leading in these technologies and the top inventors who are publishing patents in these technologies through leading organizations were drawn. Details in Section 5 in the paper.

Research limitations/implications

Global patent data is multi-lingual and spreads across a set of multiple databases. Domain experts may be required to assess, identify and extract the relevant information for analysis and visualization of multi-lingual distributed data sets. Government organizations generally have multi-dimensional goals that may be more toward societal benefits. On the other hand, the commercial companies are more focused on profit. Therefore, the performance management process has to be really effective because it is critical for getting value in the government sector.

Practical implications

Insights from patent analytics serve as the important input to R&D managers as well as policymakers to assess the global needs to plan the national orientation according to the global market. This will help further for R&D projects prioritization, planning, budget allocations, human capital planning and other gamut of R&D management and decision-making.

Social implications

Facilitation for R&D institutions (government as well as private) to formulate the research strategy for the domains or research areas to delve into. R&D decisions will be completely data-driven making them more accurate, reliable, valid and informed. These insights are very relevant for policymakers as well to facilitate the need assessment to determine the National priorities, make improvements in meeting societal country-level challenges during the resource allocation at top and subsequently at all other levels.

Originality/value

Data analytics of global patents in “big data” till 2019 to get insights to facilitate R&D decision-making.

Details

Digital Policy, Regulation and Governance, vol. 23 no. 4
Type: Research Article
ISSN: 2398-5038

Keywords

Article
Publication date: 14 September 2020

Vinita Krishna and Sudhir K. Jain

Patents as one of the important components of intellectual capital are emerging as a new source for mining insights on open innovation (OI) practice of the organizations…

Abstract

Purpose

Patents as one of the important components of intellectual capital are emerging as a new source for mining insights on open innovation (OI) practice of the organizations. Their role in value creation through collaboration and the inter-firm differences is yet to be explored in depth.

Design/methodology/approach

To achieve the aim, survey data is analyzed to rank OI practices (collaboration) of the firms, while patent data are analyzed to carry out descriptive and bivariate analysis to study the inter-firm differences in collaboration.

Findings

The survey findings highlight mergers and acquisitions (M&A) and patent pooling as the top two preferred modes of OI, while from patent data M&A has emerged as a predominant OI practice for mainly nonresident firms. At the firm level characteristics, out of firm age, number of granted patents and firm size, firm age has been found to be somewhat significant in few cases of OI practices.

Research limitations/implications

It provides an alternative source, in this case patent data to study open innovation capabilities of firms in India. There is contribution to the patent value theory from profit motive to deriving strategic decisions on collaboration.

Practical implications

The managerial implications of this study lie in realizing granted patents as important business tools for seeking collaboration, tracing competitive intelligence and the geography of innovation of the firms' competitors.

Originality/value

The dataset of granted patents at the Indian Patent office (2005–2017), the sample of pharmaceutical firms drawn from this list of patents, patent data– based OI insights and the use of multiple imputation technique to missing data for meaningful insights are some of the unique aspects of this paper.

Details

Journal of Intellectual Capital, vol. 23 no. 2
Type: Research Article
ISSN: 1469-1930

Keywords

Open Access
Article
Publication date: 9 April 2019

Dolores Modic, Ana Hafner, Nadja Damij and Luka Cehovin Zajc

The purpose of this paper is to evaluate innovations in intellectual property rights (IPR) databases, techniques and software tools, with an emphasis on selected new…

4876

Abstract

Purpose

The purpose of this paper is to evaluate innovations in intellectual property rights (IPR) databases, techniques and software tools, with an emphasis on selected new developments and their contribution towards achieving advantages for IPR management (IPRM) and wider social benefits. Several industry buzzwords are addressed, such as IPR-linked open data (IPR LOD) databases, blockchain and IPR-related techniques, acknowledged for their contribution in moving towards artificial intelligence (AI) in IPRM.

Design/methodology/approach

The evaluation, following an original framework developed by the authors, is based on a literature review, web analysis and interviews carried out with some of the top experts from IPR-savvy multinational companies.

Findings

The paper presents the patent databases landscape, classifying patent offices according to the format of data provided and depicting the state-of-art in the IPR LOD. An examination of existing IPR tools shows that they are not yet fully developed, with limited usability for IPRM. After reviewing the techniques, it is clear that the current state-of-the-art is insufficient to fully address AI in IPR. Uses of blockchain in IPR show that they are yet to be fully exploited on a larger scale.

Originality/value

A critical analysis of IPR tools, techniques and blockchain allows for the state-of-art to be assessed, and for their current and potential value with regard to the development of the economy and wider society to be considered. The paper also provides a novel classification of patent offices and an original IPR-linked open data landscape.

Details

European Journal of Management and Business Economics, vol. 28 no. 2
Type: Research Article
ISSN: 2444-8494

Keywords

Article
Publication date: 27 April 2022

Nils M. Denter, Lukas Jan Aaldering and Huseyin Caferoglu

In recent years patents have become a very popular data source for forecasting technological changes. However, since a vast amount of patents are “worthless” (Moore…

Abstract

Purpose

In recent years patents have become a very popular data source for forecasting technological changes. However, since a vast amount of patents are “worthless” (Moore, 2005), there is a need to identify the promising ones. For this purpose, previous approaches have mainly used bibliographic data, thus neglecting the benefits of textual data, such as instant accessibility at patent disclosure. To leverage these benefits, this study aims to develop an approach that uses textual patent data for predicting promising patents.

Design/methodology/approach

For the identification of promising patents, the authors propose a novel approach which combines link prediction with textual patent data. Thereby the authors are able to predict the emergence of hitherto unmentioned bigrams. By mapping these future bigrams to recent patents, the authors are able to distinguish between promising and nonpromising patents. To validate this approach, the authors apply the methodology to the case example of camera technology.

Findings

The authors identify stochastic gradient descent as a suitable algorithm with both a receiver operating characteristic area under curve score and a positive predictive value of 78%, which outperforms chance by a factor of two. In addition, the authors present promising camera patents for diverse application fields, such as cameras for surgical systems, cameras for rearview vision systems in vehicles or light amplification by stimulated emission of radiation detection and ranging cameras for three-dimensional imaging.

Research limitations/implications

This study contributes in at least three directions to scholarship. First, the authors introduce a novel approach by combining link prediction with textual patent analysis and, in this way, leverage the benefits of both worlds. Second, the authors add to all theories that regard novel technologies as a recombination of existing technologies in presenting word combinations from textual data as a suitable instrument for revealing recombination in patents. And third, the approach can be used by scholars as a complementary or even integrative tool with conventional forecasting methods like the Delphi technique or Scenario planning.

Practical implications

At least three practical implications arise from the study. First, incumbent firms of a technology branch can use this approach as an early-warning system to identify technological change and to identify opportunities related to their company’s technological competence and provide inspiration for new ideas. Second, companies seeking to tap into new markets may also be interested in the approach as managers could anticipate whether their company’s technological competences are in line with upcoming trends. Third, the approach may be used as a supportive tool for various purposes, such as investment decisions or technology life cycle analysis.

Originality/value

The approach introduces textual patent data as suitable means for forecasting activities. As the statistical validation reveals, the promising patents identified by the approach are cited significantly more often than patents with less promising prospects.

Details

foresight, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1463-6689

Keywords

Article
Publication date: 4 December 2017

Juhwan Kim, Sunghae Jun, Dong-Sik Jang and Sangsung Park

Patent contains vast information on developed technologies because of the patent system. So, it is important to analyze patent data for understanding technologies. Most…

1279

Abstract

Purpose

Patent contains vast information on developed technologies because of the patent system. So, it is important to analyze patent data for understanding technologies. Most previous studies on patent analysis were focused on the technology itself. Their research results lacked the consideration of products. But the patent analysis based on products is crucial for company because a company grows by sales of competitive products. The purpose of this paper is to propose a novel methodology of patent analysis for product-based technology. This study contributes to the product development strategy of a company.

Design/methodology/approach

The primary goal for developing technology is to release a new product. So it is important to analyze the technology based on the product. In this study, the authors analyze Apple’s technologies based in iPod, iPhone, and iPad. In addition, the authors propose a new methodology to analyze product-based technology. The authors call this an integrated social network mining (ISNM). In the ISNM, the authors carry out a social network analysis (SNA) according to each product of Apple, and integrate all SNA results of iPod, iPhone, and iPad using the technological keywords.

Findings

In this case study, the authors analyze Apple’s technologies according to Apple’s innovative products, such as the iPod, iPhone, and iPad. From the ISNM results of Apple’s technology, the authors can find which technological detail is more important in overall structure of Apple’s technologies.

Practical implications

This study contributes to the management of technology including new product development, technological innovation, and research and development planning. To know the technological relationship between whole technologies based on products can be the source of intensification of technological competitiveness.

Originality/value

Most of studies on technology analysis were focused on patent technology itself. Though one of their research goals was to develop new product, they had their limits considering the products because they did not use the technology information in the technology analysis. The originality of this research is to use the product information in technology analysis using the proposed ISNM.

Details

Industrial Management & Data Systems, vol. 117 no. 10
Type: Research Article
ISSN: 0263-5577

Keywords

Article
Publication date: 13 July 2018

Lorenzo Ardito, Antonio Messeni Petruzzelli, Umberto Panniello and Achille Claudio Garavelli

The purpose of this paper is to present a comprehensive picture of the innovative efforts undertaken over time to develop the digital technologies for managing the…

9517

Abstract

Purpose

The purpose of this paper is to present a comprehensive picture of the innovative efforts undertaken over time to develop the digital technologies for managing the interface between supply chain management and marketing processes and the role they play in sustaining supply chain management-marketing (SCM-M) integration from an information processing point of view.

Design/methodology/approach

Patent analysis and actual examples are used to carry out this study. In detail, first, the authors identify the subset of enabling technologies pertaining to the fourth industrial revolution (Industry 4.0) that can be considered the most relevant for effective SCM-M integration (i.e. Industrial Internet of Things, Cloud computing, Big Data analytics and customer profiling, Cyber security). Second, the authors carry out a patent analysis aimed at providing a comprehensive overview of the patenting activity trends characterizing the set of digital technologies under investigation, hence highlighting their innovation dynamics and applications.

Findings

This research provides insightful information about which digital technologies may enable the SCM-M integration. Specifically, the authors highlight the role those solutions play in terms of information acquisition, storage and elaboration for SCM-M integration by relying on illustrative actual examples. Moreover, the authors present the organisations more involved in the development of digital technologies for SCM-M integration over time and offer an examination of their technological impact in terms of influence on subsequent technological developments.

Originality/value

So far, much has been said about why marketing and supply chain management functions should be integrated. However, a clear picture of the digital technologies that might be adopted to achieve this objective has yet to be revealed. Thus, the paper contributes to the literature on SCM-M integration and Industry 4.0 by highlighting the enabling technologies for the Industry 4.0 that may particularly serve for managing the SCM-M interface from an information processing perspective.

Article
Publication date: 29 March 2019

Julian Risch and Ralf Krestel

Patent offices and other stakeholders in the patent domain need to classify patent applications according to a standardized classification scheme. The purpose of this…

Abstract

Purpose

Patent offices and other stakeholders in the patent domain need to classify patent applications according to a standardized classification scheme. The purpose of this paper is to examine the novelty of an application it can then be compared to previously granted patents in the same class. Automatic classification would be highly beneficial, because of the large volume of patents and the domain-specific knowledge needed to accomplish this costly manual task. However, a challenge for the automation is patent-specific language use, such as special vocabulary and phrases.

Design/methodology/approach

To account for this language use, the authors present domain-specific pre-trained word embeddings for the patent domain. The authors train the model on a very large data set of more than 5m patents and evaluate it at the task of patent classification. To this end, the authors propose a deep learning approach based on gated recurrent units for automatic patent classification built on the trained word embeddings.

Findings

Experiments on a standardized evaluation data set show that the approach increases average precision for patent classification by 17 percent compared to state-of-the-art approaches. In this paper, the authors further investigate the model’s strengths and weaknesses. An extensive error analysis reveals that the learned embeddings indeed mirror patent-specific language use. The imbalanced training data and underrepresented classes are the most difficult remaining challenge.

Originality/value

The proposed approach fulfills the need for domain-specific word embeddings for downstream tasks in the patent domain, such as patent classification or patent analysis.

Details

Data Technologies and Applications, vol. 53 no. 1
Type: Research Article
ISSN: 2514-9288

Keywords

Article
Publication date: 18 May 2012

Sunghae Jun, Sang Sung Park and Dong Sik Jang

The purpose of this paper is to propose an objective method for technology forecasting (TF). For the construction of the proposed model, the paper aims to consider new…

2867

Abstract

Purpose

The purpose of this paper is to propose an objective method for technology forecasting (TF). For the construction of the proposed model, the paper aims to consider new approaches to patent mapping and clustering. In addition, the paper aims to introduce a matrix map and K‐medoids clustering based on support vector clustering (KM‐SVC) for vacant TF.

Design/methodology/approach

TF is an important research and development (R&D) policy issue for both companies and government. Vacant TF is one of the key technological planning methods for improving the competitive power of firms and governments. In general, a forecasting process is facilitated subjectively based on the researcher's knowledge, resulting in unstable TF performance. In this paper, the authors forecast the vacant technology areas in a given technology field by analyzing patent documents and employing the proposed matrix map and KM‐SVC to forecast vacant technology areas in the management of technology (MOT).

Findings

The paper examines the vacant technology areas for MOT patent documents from the USA, Europe, and China by comparing these countries in terms of technology trends in MOT and identifying the vacant technology areas by country. The matrix map provides broad vacant technology areas, whereas KM‐SVC provides more specific vacant technology areas. Thus, the paper identifies the vacant technology areas of a given technology field by using the results for both the matrix map and KM‐SVC.

Practical implications

The authors use patent documents as objective data to develop a model for vacant TF. The paper attempts to objectively forecast the vacant technology areas in a given technology field. To verify the performance of the matrix map and KM‐SVC, the authors conduct an experiment using patent documents related to MOT (the given technology field in this paper). The results suggest that the proposed forecasting model can be applied to diverse technology fields, including R&D management, technology marketing, and intellectual property management.

Originality/value

Most TF models are based on qualitative and subjective methods such as Delphi. That is, there are few objective models. In this regard, this paper proposes a quantitative and objective TF model that employs patent documents as objective data and a matrix map and KM‐SVC as quantitative methods.

Book part
Publication date: 15 July 2020

Jeongsik (Jay) Lee

The past few decades have witnessed a phenomenal progress in our understanding of employee mobility as a critical driver and consequence of various outcomes for

Abstract

The past few decades have witnessed a phenomenal progress in our understanding of employee mobility as a critical driver and consequence of various outcomes for individuals, organizations, industries, and economies. In the process, researchers have tackled several important issues in conducting empirical research on employee mobility. This chapter provides a critical discussion of the extant literature focusing on five broad areas: identification of mobility, timing of mobility, outcomes of mobility and their operationalization, model identification, and other related issues. In doing so, this article identifies some of the empirical choices and methodologies adopted in prior mobility studies, evaluates those practices, and suggests areas of improvements for the practice. It is hoped that future studies will benefit from this chapter's insight by building on the best practices from the literature while continuously and successfully tackling the issues that have been challenging the researchers on this increasingly important topic of scholarly inquiry.

Details

Employee Inter- and Intra-Firm Mobility
Type: Book
ISBN: 978-1-78973-550-5

Book part
Publication date: 10 December 2018

Filippo Buonafede, Giulia Felice, Fabio Lamperti and Lucia Piscitello

Additive manufacturing (AM) has the potential to transform the organisation of all the activities carried out by firms. The growing diffusion of these technologies is…

Abstract

Additive manufacturing (AM) has the potential to transform the organisation of all the activities carried out by firms. The growing diffusion of these technologies is increasingly challenging multinational enterprises to reinvent their businesses. Accordingly, many scholars argue that AM may reduce countries’ participation in global value chains (GVCs) or, at least, affect GVCs’ geography, length and further developments. However, so far, the lack of available data on the real worldwide diffusion of these technologies has precluded the possibility to study this phenomenon from an empirical standpoint.

This study investigates AM technologies, with a particular focus on their possible impact on GVCs, in the framework of the current debate in international business. In order to examine this relationship and overcome the lack of adoption data, the authors identify a potential proxy of AM diffusion – that is, patenting activity. Coherently, the authors employ this proxy and a country-level measure of GVC participation (i.e., the Share of Re-Exported Inputs on Total Imported Inputs) to empirically investigate the role of AM in influencing countries’ participation to GVCs. This country-level analysis is focussed on three specific industries and the aggregate economy in 58 countries for the period 2000–2014.

The results show that AM decreases a country’s participation in GVCs, both at the country level and, in particular, in the sectors which are more likely to be affected by AM technologies. This evidence suggests that this phenomenon might be induced by a decreasing reliance on intermediates processed abroad, hence an increasing importance of domestic goods, manufactured via AM.

Details

International Business in the Information and Digital Age
Type: Book
ISBN: 978-1-78756-326-1

Keywords

1 – 10 of over 17000