Patent Quality: Towards a Systematic Framework for Analysis and Measurement

Kyle Higham, Gaétan de Rassenfosse and Adam Jaffe

Research Policy, 2021, vol. 50, issue 4

Abstract: The quality of novel technological innovations is extremely variable, and the ability to measure innovation quality is essential to sensible, evidence-based policy. Patents, an often vital precursor to a commercialised innovation, share this heterogeneous quality distribution. A pertinent question then arises: How should we define and measure patent quality? Accepting that different parties have different views of, and different sets of terminologies for discussing this concept, we take a multi-dimensional view of patent quality in this work. We first test the consistency of popular post-grant outcomes that are often used as patent quality measures. Finding these measures to be generally inconsistent, we then use a raft of patent indicators available at the time of grant to dissect the characteristics of different post-grant outcomes. We find broad disagreement in the relative importance of individual characteristics between outcomes and, further, significant variation of the same across technologies within outcomes. We conclude that measurement of patent quality is highly sensitive to both the observable outcome selected and the technology type. Our findings bear concrete implications for scholarly research using patent data and policy discussions about patent quality.

Keywords: patents; patent quality; patent value; patent citations; patent policy; technological impact (search for similar items in EconPapers)
JEL-codes: O30 O34 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (46)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0048733321000196
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Patent quality: Towards a Systematic Framework for Analysis and Measurement (2021)
Working Paper: Patent Quality: Towards a Systematic Framework for Analysis and Measurement (2020)
Working Paper: Patent Quality: Towards a Systematic Framework for Analysis and Measurement (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:50:y:2021:i:4:s0048733321000196

DOI: 10.1016/j.respol.2021.104215

Access Statistics for this article

Research Policy is currently edited by M. Bell, B. Martin, W.E. Steinmueller, A. Arora, M. Callon, M. Kenney, S. Kuhlmann, Keun Lee and F. Murray

More articles in Research Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().