Gambardella, Alfonso; Harhoff, Dietmar; Verspagen, Bart - C.E.P.R. Discussion Papers - 2008
private economic value of patents. The estimated mean of our patent value distribution is higher than 3 million Euros, the …, claims, and countries in which the patent is applied. Citations explain value as much as the other three indicators combined …, and the right tail of citations is correlated with the right tail of our value measure. Yet, the four indicators only …