This paper puts forward new potential determinants of patent value which are mainly related to the identification of institutional sources of knowledge and the geographic scope of patenting strategy. The impact of these new indicators is evaluated through an empirical analysis that focuses on...

This paper analyses the industrial and entrepreneurial value of 334 patent families applied for by six major Belgian universities. It identifies the value determinants underlying the patent documents and highlights the positive and significant impact of collaboration and tacit scientific...

This paper aims at contributing to the literature on the determinants of patent value in two respects. It first puts forward new potential determinants of patent value which are mainly related to the identification of the institutional sources of knowledge and the geographical scope of patenting...

The objective of this paper is to provide an in-depth analysis of the patenting performances of six Belgian universities over the period 1985-1999. Beside the evolution of the number of patent families, we provide insights about the potential value of these patents (through forward patent...

Patent-based measures are frequently used as indicators in empirical research on innovation and technological change. Currently, there is little evidence as to what extent patent-based indicators relate to product market outcomes. Using a unique dataset that links outcomes from product...

This study investigates whether standard patent measures for the importance and basicness of patents are able to distinguish between 'wacky' patents and a control group of randomly drawn patents. Our findings show that forward citations are good predictors of importance. However, the 'wacky'...

The aim of this paper is to analyze the technological activities of Central and Eastern European (CEE) economies and to compare them with the technological activities of other world regions. Using data from the EPO World Wide Statistical Database for the period 1980-2009 the analysis is based on...

We investigate whether standard indicators can distinguish between “wacky” patents and a control group. Forward citations are good predictors of importance. However, “wacky” patents have higher originality, generality and citation lags, suggesting that these indicators should be...

This study investigates whether standard patent measures for the importance and basicness of patents are able to distinguish between 'wacky' patents and a control group of randomly drawn patents. Our findings show that forward citations are good predictors of importance. However, the 'wacky'...

Investments in a technology have to consider its current life cycle stage. The widespread approach of studying technology life cycles by measuring patent activity indices, especially patent applications, raises a practical problem: it requires the survey of all applications and applicants on a...