Cite-weighted patents

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August undefined, 2024

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: WebFeb 23, 2009 · We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional owners increase managerial …

(PDF) R&D, Patents and Stock Return Volatility

Webcited are referenced in patents issued within the same narrowly defined field of innovation as the cited patents ("within citation"). The very existence of those later patents attests to … Webtions to each patent to raw patent counts (as deﬁned by Trajtenberg [1990, p. 175])—conﬁrm a signiﬁcant increase in quality-adjusted patent counts. Plots of citation-weighted patents indicate that the largest increase in quality-adjusted patents occurred after 1856, four years after the award of a prize. how do you spell erwin

Citation Frequency and the Value of Patented Inventions

WebJan 11, 2024 · How to cite a patent is dependent on the citation style you are using. Please see some examples below. Always check with your instructor, editor, or publisher … WebThese results suggest that smaller acquisitions can be seen as part of an innovation strategy by acquiring firms with relatively low levels of internal R&D which seek to offset low R&D … WebMar 2, 2024 · By construction, if a firm files no patent in a given year, both the market-based patent value \({SM}_{k,t}\) and citation-weighted patent counts \({CW}_{k,t}\) equal zero. Figure 1 describes the dynamics of patenting activities among US firms over the sample period 1986 through 2024. Panel A illustrates the number of manufacturing firms and ... phone store malaysia

Evaluating and ranking patents using weighted citations

Innovation and new business formation: the role of innovative …

WebDownloadable! In this paper we investigate the incidence of high technology acquisitions using a large international sample of acquisitions by public high technology firms. Controlling for firms’ financial characteristics, we examine the impact of the following innovation-related factors on the propensity to acquire: R&D-intensity as a proxy for R&D inputs; the … WebJan 26, 2024 · To cite a patent, follow the MLA format template. List the owner of the patent in the “Author” slot, the title of the patent or a description in the “Title of source” … how do you spell eschewWebThis paper demonstrates that distinguishing different types of citations could rank better for these purposes. We differentiate patent citations along two dimensions (assignees and … phone store mcbo

"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 … " - Cite-weighted patents

Cite-weighted patents

Market Value and Patent Citations: A First Look NBER

WebSee Figure 1 for an example of the difference between raw and citation-weighted patent counts. The citation-based patent measure is examined in more detail in this study. Much in the same way as scholarly articles cite previous work in the area, patent documents record the previous WebMay 18, 2015 · First, if pharmaceutical firms are more likely to cite the patents of other firms and other innovators that are nearby, as opposed to firms and other innovators that are …

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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 … Webcal inventor’s career. Using administrative tax and patent data for the population of US patent inventors from 1996 to 2012, we find that an inventor’s premature death causes a large and long-last-ing decline in their co-inventor’s earnings and citation-weighted patents (−4 percent and −15 percent after 8 years, respectively).

WebJul 22, 2024 · They increase investment, notably in intangibles, and innovation outcomes as measured by cite-weighted patents; they trigger faster growth in assets, employment and revenues; they lead to higher likelihood of receiving follow-on equity financing and lower failure chances. These effects tend to be larger for firms that are smaller and younger ... Webbased on the citation history at a given moment has the largest impact. (iv) Self-citations (i.e., those coming from down-the-line patents owned by the same firm) are more valuable than citations coming from external patents, but this effect decreases with the size of patent portfolio held by the firm, as might be expected.

WebDec 1, 2013 · I control for the possible endogeneity of competition by using a trade-weighted average of industry exchange rates as an instrument. I find a mildly negative relationship between competition (as measured by the inverse of markups) and innovation (as measured by citation-weighted patents). Web(measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional owners increase managerial incentives to innovate by reducing the career risk of risky projects. The data supports the career concerns model.

WebA patent citation is any important document or research paper cited by a patent applicant, patent examiner, or third party that relates to the content of a patent application. Truly any publicly available patent …

WebTo do so, we empirically examine the impact of innovation, measured by patents weighted by citations and R&D expenditure, on the idiosyncratic volatility of firms. Using a large … how do you spell ese in spanishWebJun 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. … how do you spell eschatologyWebI'm interested in citation-weighted patent data for the US. There seem to be a lot of different weighing schemes and construction procedures, so just to get started I wonder … phone store near me nowWebOct 27, 1998 · to all U.S. patents issued to U.S. corporations, weighted by issue year counts of patents in our sample, was 6.83. (Citation rates to patents held by … how do you spell especially correctlyWebtake the average value of citation-weighted patents of ﬁrms within each industry (SIC code) in each year. We do not observe a sufﬁcient number of ﬁrms in all industries in all years, so our resulting industry level panel is also unbalanced with 354 industry-year observations. Some descriptive statistics are pro- how do you spell eternallyWebCitation-weighted patents as a measure of innovation radicality Several authors (see for example Jaffe et al., 1993; Patel and Pavitt, 1995; Trajtenberg, 1990) have argued that … how do you spell eternalWebDec 16, 2024 · OLS and IV estimates of citation-weighted patent stocks with respect to firm-specific labour productivity are positive and consistently significant. Further, mergers are significantly correlated with a rise in citation-weighted patent stocks and research and development (R&D) spending. In tandem, our findings suggest that larger firms resulting ... phone store on 52nd and market