• 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.

• Patent21
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• s.44
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• pp.29-32
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• 2003

• Journal of the Korean Society for information Management
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• v.39 no.1
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• pp.1-15
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• 2022

This study analyzes the relationship of citations appearing in the patent data to understand knowledge transfers and impacts between patent documents in the field of pharmaceutical research. Patent data were collected from a website, Google Patents. The top 25 assignees were selected by searching for patent documents related to pharmaceutical research. We identify the citation relationships between assignees, then calculate and compare the values of h-index and derived indicators by using the number of citations and rank for each document of each assignee. As a result, in the case of pharmaceutical research, the assignee, such as 'Pfizer, MIT, and Abbott' shows a high impact. Among the five bibliometric indicators, the g-index and hS-index show similar results, and the indicators are the most related to the rankings of Total Citation Frequency, Cites per Patents, and Maximum Citation Frequency. In addition, it is highly related to the five indicators in the order of Total Citation Frequency, Cites per Patents, and Maximum Citation Frequency. In some cases, it is difficult to make an accurate comparison with Cites per Patents alone, which is previously known to indicate the technological influence of patent assignees.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.20 no.44
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• pp.257-261
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• 1997

Patents often serve as leading indicators of technological change. This patenting activity reflected R&D (Research & Development) of new technology. The purpose of this study is to set up a forecasting model that anticipate the number of domestic patent applications and the number of patents granted relating to R&D inputs (R&D expenditure, R&D manpower) at the level of three industrial sectors in Korea : electrical-electronic, machinery, chemical etc. In this study, forecasting models were used trend extrapolation and a set of regressions. Both Theil's inequality coefficient and MAE(Mean Absolute Error) were utilized to test the precision of predicted value. The patent data and the R&D data were based on Indicators of Industrial Technology data throught 1980 to 1996. The major results obtained in this study are as follows (1) The regression model is more useful for forecasting the trends of the number of patent applications and patents granted than the trend extrapolation method. (2) The variance of Theil's inequality is smaller in patent applications than in patent granted.

• Journal of Information Technology Applications and Management
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• v.28 no.4
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• pp.79-101
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• 2021

The purpose of this research is to define detailed technologies of smart city based on excellent patents through patent analysis related to major technologies of smart city, and to use quantitative indicators to classify relatively high technology importance and identify related technologies. To achieve the purpose of the study, patent collection is conducted by reflecting literature research and expert opinions based on information related to the smart city Internet of Things/Internet of Things communication core technology. Also, DEA were used to determine the relatively high technology. The inputs and outputs used in the study used quantitative indicators to determine technical value and made up of impact assessment, performance assessment and value assessment. As a result of the analysis, various technology groups were classified into smart city-related platform technologies, information sharing technologies, and network-related technologies, and based on the results of this research, it is expected that it will be able to apply technology patents related to smart cities to research and development strategies through key detailed technologies by major technologies of Smart City.

• Journal of Korea Technology Innovation Society
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• v.15 no.3
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• pp.700-721
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• 2012

This paper deals with methods for determining the reasonable royalty rates in the valuation of patents. To calculate the reliable reasonable royalty rate of a patent, we review pros and cons of the 25% rule royalty calculating method and the recent trend of this method. We also review the game theory of Nash Bargaining equation and review the Investment of Rate of Return Method according to the financial analysis. Next, we refer to the reasonable royalty damage cases among the recent patent infringement cases in USA and analyze the corresponding patents. We extract the patent indicators from the patent bibliographic information. Finally, we obtain a regression model for calculating a reasonable royalty rate using the patent indicators and the reasonable royalty rates in the recent patent infringement cases.

• The Journal of Korea Institute of Information, Electronics, and Communication Technology
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• v.16 no.5
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• pp.292-300
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• 2023

This paper proposes a patent discovery method and strategy for Generative AI-related patents by utilizing qualitative evaluation indicators established based on the core components of the technology. Currently, the evaluation of patent quality relies on quantitative indicators, but existing quantitative indicators cannot represent the characteristics of Generative AI technology, making it difficult to accurately evaluate. Therefore, there is a need for additional qualitative indicators that consider technical characteristics based on patent claims, which can reveal the actual strength of the patent. In this paper, we propose a new evaluation index considering the technical characteristics of Generative AI. Core patents were selected using the proposed evaluation index, and the appropriateness of the proposed index was verified through the existing quantitative evaluation method for the selected core patents.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.23 no.11
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• pp.1414-1419
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• 2019

Patent indicators were used to analyze the movements of local industries in order to derive blank technologies due to rapid changes in technology in the 4th Industrial Revolution and to discover promising technologies. Currently, Changwon-si is gathering a lot of technical information to develop hydrogen electric vehicle technology as a future regional flagship industry to discover it as a promising technology in the future. Collecting technical information has many problems in terms of time and cost due to classification methods, technical trends, and similar technologies. Therefore, a systematic classification of technical information and a method for easily deriving technical trends are needed. In this paper, we analyzed the blank technology and promising technology trends for the future core industries of the region through the method of measuring the growth rate of patents and the frequency of patent application through the patent indicators.

• 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.