RECORD
Assessing the Impact of Patent Attributes on the Value of Discrete and Complex Innovations
General Economics · Submitted 10 Aug 2022
abstract compiled · 2026-09-23 · no language-model review
The authors' main claim According to the conclusions of this study, only a few technologies from the discrete and complex innovation categories have some private value.
The compiled record
The paper's own sentences, arranged. Each label is drawn from a closed vocabulary; the number beside it is the probability the classifier gave that label. Numbers in the tables are the authors', checked by code. No sentence in this record was written by a model.
Open the compiled record
The abstract, sentence by sentence
This study assesses the degree to which the social value of patents can be connected to the private value of patents across discrete and complex innovation. The underlying theory suggests that the social value of cumulative patents is less related to the private value of patents. We use the patents applied between 1995 to 2002 and granted on or before December 2018 from the Indian Patent Office (IPO). Here the patent renewal information is utilized as a proxy for the private value of the patent. We have used a variety of logit regression model for the impact assessment analysis. The results reveal that the technology classification (i.e., discrete versus complex innovations) plays an important role in patent value assessment, and some technologies are significantly different than the others even within the two broader classifications. Moreover, the non-resident patents in India are more likely to have a higher value than the resident patents. According to the conclusions of this study, only a few technologies from the discrete and complex innovation categories have some private value. There is no evidence that patent social value indicators are less useful in complicated technical classes than in discrete ones.
background contribution method result interpretation main claim
| # | sentence | role | the authors' own work | states the main conclusion | strength |
|---|---|---|---|---|---|
| s0 | This study assesses the degree to which the social value of patents can be connected to the private value of patents across discrete and complex innovation. | contribution 0.97 | 0.78 | 0.05 | asserted 0.56 |
| s1 | The underlying theory suggests that the social value of cumulative patents is less related to the private value of patents. | background 1.00 | 0.06 | 0.11 | hedged possibility 0.86 |
| s2 | We use the patents applied between 1995 to 2002 and granted on or before December 2018 from the Indian Patent Office (IPO). | method 1.00 | 0.89 | 0.02 | asserted 0.94 |
| s3 | Here the patent renewal information is utilized as a proxy for the private value of the patent. | method 1.00 | 0.91 | 0.02 | asserted 0.99 |
| s4 | We have used a variety of logit regression model for the impact assessment analysis. | method 1.00 | 0.92 | 0.02 | asserted 0.95 |
| s5 | The results reveal that the technology classification (i.e., discrete versus complex innovations) plays an important role in patent value assessment, and some technologies are significantly different than the others even within the two broader classifications. | result 1.00 | 0.94 | 0.39 | asserted 1.00 |
| s6 | Moreover, the non-resident patents in India are more likely to have a higher value than the resident patents. | result 1.00 | 0.92 | 0.10 | hedged possibility 0.81 |
| s7 | According to the conclusions of this study, only a few technologies from the discrete and complex innovation categories have some private value. | result 0.76 | 0.89 | 0.36 | asserted 0.97 |
| s8 | There is no evidence that patent social value indicators are less useful in complicated technical classes than in discrete ones. | result 0.87 | 0.82 | 0.14 | asserted 0.99 |
What was examined, and what was not
- arXiv listing abstract v1
- full text
- figures and tables
- references and citing sentences
- relations to other papers
- P abstract
- S sections
- T body sentences
- C citations
- R cross-paper relations
The paper
Original abstract
This study assesses the degree to which the social value of patents can be connected to the private value of patents across discrete and complex innovation. The underlying theory suggests that the social value of cumulative patents is less related to the private value of patents. We use the patents applied between 1995 to 2002 and granted on or before December 2018 from the Indian Patent Office (IPO). Here the patent renewal information is utilized as a proxy for the private value of the patent. We have used a variety of logit regression model for the impact assessment analysis. The results reveal that the technology classification (i.e., discrete versus complex innovations) plays an important role in patent value assessment, and some technologies are significantly different than the others even within the two broader classifications. Moreover, the non-resident patents in India are more likely to have a higher value than the resident patents. According to the conclusions of this study, only a few technologies from the discrete and complex innovation categories have some private value. There is no evidence that patent social value indicators are less useful in complicated technical classes than in discrete ones.
Human review
Discussion
Know something about this paper? Leave a comment, or highlight any passage above to comment on it.