• Korean Management Science Review
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• v.28 no.2
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• pp.63-74
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• 2011

As business environment has become more competitive, the R&D strategies of firms have been regarded more important. Patent has information about technology which affects a firm's profit and it is considered as resources which have provided appropriate data for research of innovations and trends in technology. And patent indicators are known as qualitative representation of technology quality in an objective view. Also, they are available for the continuous and systematic analysis. However, most previous studies have focused on developing patent indicators to investigate patent value and characteristics. Furthermore they have limitations that most results is not significant that patent indicators have effect on firm performance-Tobin's q, Intangible assets based on balance sheet, sales and etc. Thus, the purpose of this paper is to propose proper a factor to represent a firm performance and to analyze causal relationship between patent indicators and firm performance. Intangible assets based on market value are employed as one of most significant firm performance indicator. The results indicate that intangible assets are appropriate for analyzing causal relation between patent and a firm performance with 7 significant indicators among 10 patent indicators. Considering firm's exogenous factors, regression analysis of each data for five years is performed. This result is similar to regression analysis of full data for all years.

• Journal of Korea Society of Digital Industry and Information Management
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• v.9 no.2
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• pp.121-137
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• 2013

Now days, firm's technology capability is recognized as important factor to forecast and to evaluate firm's business performance. There are many efforts to develop useful indicators by applying patent information that includes concrete description about technology. Many previous studies analyzed relationship between patent indicators and firm's performance. But they didn't consider time gap between a point of firm's invention activity and a point of firm's performance improvement. They didn't considered a character of industrial fields either. To overcome these limitations, we selected IT industry for target analysis industry. Time-series patent data and financial data from 41 American IT firms between 2000 and 2011 were used to analyze. In this study, We empirically analyzed subsequent effect of patent indicators on firm's business performance by using correlation analysis and regression analysis.

• Journal of Korea Society of Digital Industry and Information Management
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• v.15 no.4
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• pp.41-49
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• 2019

Patents are system to promote the development of industry by disclosing technology. The importance of recent patent is being emphasized. For this reason, companies apply for many patents. And they analyze the patent. Patent analysis helps to protect and foster their technology. Previously this method has been carried out by experts. Expert-based patent analysis, however, has the disadvantage of being time-consuming and expensive. Consequently, we try to solve this problems by developing prediction model. Therefore, this paper proposes a data-based patent analysis method using quantitative indicator and textual information. We confirmed the practical applicability of the proposed method through 1,831 autonomous vehicle patents. As a result, it was possible to confirmed that safety and lane detection related technologies are important.

• Korea Trade Review
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• v.47 no.6
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• pp.211-228
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• 2022

With the advent of a recent knowledge-based society, interest in patents is steadily increasing. The patent is an important indicator that can capture the level of R&D investment and technology development. In an era of deepening new protectionism and the pandemic of COVID-19, patents play an important role in sustainable economic development and establishing a strong domestic industrial ecosystem. In this paper, we analyze the impact of patent applications on the corporate performance of the Korean manufacturing industry over the past 21 years from 1999 to 2019. We divide patents into overseas patents and domestic patents and analyze the respective effects on the entire manufacturing industry, ICT industries, and non-ICT industries. Major findings are summarized as follows. First, patents have a positive effect on both exports and sales of Korean manufacturing companies. Second, overseas patents have a greater impact on corporate performance than domestic patents. Third, Patents have a more positive effect on ICT industries than on non-ICT industries.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2021.10a
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• pp.173-176
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• 2021

Autonomous-driving is a major technology that leads to the fourth industrial revolution. Due to recent advances in autonomous-driving technologies and deregulation, it is expected that commercialization of autonomous vehicle with level 3 or higher will begin in earnest. This research aims to evaluate the competitiveness of technology through patent analysis in autonomous driving field. In this study, patent trends were analyzed and patent indicators were analyzed for patents in Korea, the United States, Japan, and Europe that were published and registered until July 2021. Through this, it is going to identify detailed technologies that need to be focused on in order to be competitive in autonomous driving technologies and diagnose Korea's national competitiveness.

• Journal of Digital Convergence
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• v.12 no.5
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• pp.115-123
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• 2014

Patent information analysis has been carried out for technological capability analysis of competitors relating to next generation mobile communication. Various analysis methods, such as applicant analysis, technology classification analysis, indicator analysis and the like have been utilized as a method of analyzing patent information. As a first step for the technological capability analysis of competitors, applicants having high patent activity(PA) were selected, and as a second step therefor, technology classifications showing high technological independence (TI) were selected. Furthermore, portfolios for technology classifications showing high technological independence in the patents of main applicants having high patent activity by matching results the first and second steps together were prepared. Through such a process, portfolios for important technologies which have been concentrically researched by competitors could be analyzed. Accordingly, the present analysis results will help to carry out strategic R&D management, such as the establishment of company R&D plans and patent strategies.

• Journal of the Korean Society of Safety
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• v.35 no.4
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• pp.92-100
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• 2020

Along with the rapid development of industrial technology, the industrial structure has been continuously changed. Accordingly, safety technologies have been gradually developed to be applied into various industrial fields as well, not limited to a specific industry area. As a result, it became important to analyze and predict trends of safety technology development in order to establish technology strategies for industrial safety. In particular, since patents are easily accessible to gather the technology and business information, many studies have highlighted technology forecasting using patent information. Thus, this study proposes the patent analysis of monitoring trends of safety technologies of industry fields, taking into account both static and dynamic aspects through index and text analysis. First, patent documents containing safety-related keywords are collected from the WIPSON database for extracting technology information. Then, the development trends of safety technologies by industry fields are identified and analyzed through the analysis of indicators such as marketability, growth, and activation. The results of various indicator analyses of safety technologies are visualized to compare among industrial safety technologies for businesses and technology developers. Second, textmining algorithm is applied to identify trends of specific technology keywords of major industries extracted from patent index analysis. As a result, it is expected that the safety manager uses the patent analysis of safety technologies to provide safety technology information with safety-related companies and institutes. The extracted safety technologies are applicable to business practice and predict future promising technologies.

• Journal of Korea Society of Digital Industry and Information Management
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• v.8 no.2
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• pp.199-211
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• 2012

There have been studies to evaluate valuation of firms by using patents in various ways. Also, the theory that value of patents helps enterprise's growth is valid in economics. However, when evaluating the value of the company, through the patent evaluation has not been used. Because of previous studies researched relation between patents and firms only at certain points. To solve this problem, this study intends to analyze lag between patent and profitability of the firms. In this study, we classified top 100 software firms in the United States through PBR, PER and value of intangible assets by using cluster analysis. And we applied Almon's distributed lag model to each cluster to find out lag between patent and profitability of the firms. As a result, in the cluster of more valuable companies, patents have an effect on profitability of the firms at regular lags. This study indicates that the patents are an important indicator to assess companies.

• Journal of the Korean Society for information Management
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• v.23 no.3 s.61
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• pp.223-239
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• 2006

As the fact that science is the driving force behind technological development and that technological innovation contributes to economic development has been proved empirically convincing, the interaction between science and technology is highly emphasized in advanced countries. But, Korea has not been active in conducting research on science-based technological development and on the scientific fields that have strong relationships with Korean technology. This study attempts to explore the influence of scientific research papers cited in US patents by Koreans on other US patents and identify the interactions between scientific research papers and patents, by examining the scientific references cited in the Korean-originated US patents.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.10
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• pp.471-479
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• 2020

In this paper, we analyze features of radical innovative businesses using their patents. Although patents have been used to evaluate outcomes of businesses from the 1980s, it is challenging to use patents for radical innovations. We examined the possibility of taking advantage of patents for an indicator that represents a radical innovation in pharmaceutical industry. To this end, we collected FDA approval data from the U.S. Food and Drug Administration and patent data of 18 pharmaceutical companies. For analysis, we utilized the network centrality analysis and Wilcoxon signed ranked test, which is a non-parametric statistical hypothesis test used to compare two related samples. We observed that a radical innovative company typically cooperates with other research groups, such as universities and companies, and acts as a hub for connectivity in pharmaceuticals. Also, we found that there are differences in centrality between radical firms and non-radical firms. Thus, we expect that the results of this study will help in developing strategies for research and development of pharmaceutical companies and identifying factors affecting radical innovation in the future.