Why pay for value-added information?

Minoo Philipp

World Patent Information, 2005, vol. 27, issue 1, 7-11

Abstract: The article explores the nature of value-added information in the scientific, technical and patent information fields, in particular in the context of a multinational company needing high quality searches. The article looks at what in author's opinion constitutes added value in this field, how useful they are, how they compare with the use of Internet 'free' information sources and what additional value-added features are most required. Topics covered include: content, time-span, timeliness, coding, indexing, training and customer support and pricing. The author concludes that, for the comprehensive searches required, Internet 'free' offerings are very costly when the true costs are considered and cannot deliver the quality required. The use of commercial value-added databases is thus essential, although many of these still need significant improvements.

Keywords: Value-added; Patent; information; Scientific; information; Technical; information; Internet; databases; High; quality; searches; Database; content; Time; span; Timeliness; Coding; Indexing; Training; Customer; support; Pricing (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0172-2190(04)00068-7
Full text for ScienceDirect subscribers only

Related works:
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:worpat:v:27:y:2005:i:1:p:7-11

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
http://www.elsevier. ... _01_ooc_1&version=01

Access Statistics for this article

World Patent Information is currently edited by Michael Blackman

More articles in World Patent Information from Elsevier
Bibliographic data for series maintained by Catherine Liu ().