The Patent Asset Index: A New Approach to Benchmark Patent Portfolios January 1, 2010 Author: Ernst, H., Omland, N. 2011 Publication: World Patent Information, Vol. 33, pp. 34-41 download paper Patent metrics are increasingly used to assess the competitive position of technology-oriented firms. Patent rankings and patent scoreboards are popular methods to benchmark patent portfolios of firms against each other. Existing rankings, however, have methodological limitations that significantly reduce the meaningfulness of these benchmarks for managers, investors and other stakeholders. In this paper, we develop a new benchmarking methodology that overcomes the limitations of existing approaches and offers a more accurate assessment of a firm’s patent portfolio vis-à-vis its competitors Firms are ranked according to the Patent Asset Index, which is derived from a set of newly developed patent indicators. Theseindicators are empirically validated and reflect more accurately the value of patents. We apply thenew benchmarking method in the global chemical industry and contrast our findings with those of otherexisting patent portfolio rankings. Get actionable insights for strategic decision making Want to become more effective at managing your patent portfolio, identify worldwide relevant patents and technology trends, assess the competitive landscape, and find partners and licensing opportunities? Learn More about IP Analytics & Intelligence Was this post helpful? Let us know if you liked the post. That’s the only way we can improve. Yes No
The Patent Asset Index: A New Approach to Benchmark Patent Portfolios January 1, 2010 Author: Ernst, H., Omland, N. 2011 Publication: World Patent Information, Vol. 33, pp. 34-41 download paper Patent metrics are increasingly used to assess the competitive position of technology-oriented firms. Patent rankings and patent scoreboards are popular methods to benchmark patent portfolios of firms against each other. Existing rankings, however, have methodological limitations that significantly reduce the meaningfulness of these benchmarks for managers, investors and other stakeholders. In this paper, we develop a new benchmarking methodology that overcomes the limitations of existing approaches and offers a more accurate assessment of a firm’s patent portfolio vis-à-vis its competitors Firms are ranked according to the Patent Asset Index, which is derived from a set of newly developed patent indicators. Theseindicators are empirically validated and reflect more accurately the value of patents. We apply thenew benchmarking method in the global chemical industry and contrast our findings with those of otherexisting patent portfolio rankings. Get actionable insights for strategic decision making Want to become more effective at managing your patent portfolio, identify worldwide relevant patents and technology trends, assess the competitive landscape, and find partners and licensing opportunities? Learn More about IP Analytics & Intelligence Was this post helpful? Let us know if you liked the post. That’s the only way we can improve. Yes No
