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Patent priority network: Linking patent portfolio to strategic goals

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  • Fang Pei Su
  • Kuei Kuei Lai
  • R.R.K. Sharma
  • Tsung Hsien Kuo

Abstract

When applying for patents, companies should consider performing patent portfolios as a means of integrating their patent strategy to shape their overall business strategy. This is an important issue for any company in pursuit of enhanced operational performance because the whole raison d'être behind the application of patents is the anticipation of achieving maximum competitive advantage. A prerequisite for such a company is a decision analysis model of patent portfolios because this has the added advantage of being readily applicable to the evaluation of the quality of its competitors' portfolios; thus, by understanding both itself and its competitors, a company can attain a superior position. To demonstrate this, we examine patent priority networks (PPNs) formed through patent family members and claimed priority patents, performing a model of patent portfolio analysis and then going on to determine the algorithms. We suggest that information retrieved from this network can provide a useful reference tool for decision‐making by company CEOs, CTOs, R&D managers, and intellectual property managers.

Suggested Citation

  • Fang Pei Su & Kuei Kuei Lai & R.R.K. Sharma & Tsung Hsien Kuo, 2009. "Patent priority network: Linking patent portfolio to strategic goals," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 60(11), pages 2353-2361, November.
    • Handle: RePEc:bla:jamist:v:60:y:2009:i:11:p:2353-2361
    DOI: 10.1002/asi.21169
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    Cited by:

    1. Zhang, Lin & Sun, Mengting & Peng, Yujie & Zhao, Wenjing & Chen, Lixin & Huang, Ying, 2022. "How public investment fuels innovation: Clues from government-subsidized USPTO patents," Journal of Informetrics, Elsevier, vol. 16(3).
    2. Xiangcheng Meng & Alan H. S. Chan, 2021. "Current States and Future Trends in Safety Research of Construction Personnel: A Quantitative Analysis Based on Social Network Approach," IJERPH, MDPI, vol. 18(3), pages 1-17, January.
    3. Hiroko Nakamura & Shinji Suzuki & Yuya Kajikawa & Masataka Osawa, 2015. "The effect of patent family information in patent citation network analysis: a comparative case study in the drivetrain domain," Scientometrics, Springer;Akadémiai Kiadó, vol. 104(2), pages 437-452, August.
    4. Zhang, Yi & Shang, Lining & Huang, Lu & Porter, Alan L. & Zhang, Guangquan & Lu, Jie & Zhu, Donghua, 2016. "A hybrid similarity measure method for patent portfolio analysis," Journal of Informetrics, Elsevier, vol. 10(4), pages 1108-1130.
    5. Powell, K. Skylar & Lim, Eunah, 2022. "All or nothing: International coalitions responding to competing pressures in challenges to IP rights," Journal of International Management, Elsevier, vol. 28(3).
    6. Chang, Shann-Bin, 2012. "Using patent analysis to establish technological position: Two different strategic approaches," Technological Forecasting and Social Change, Elsevier, vol. 79(1), pages 3-15.
    7. Yu-Shan Chen & Chun-Yu Shih & Ching-Hsun Chang, 2014. "Explore the new relationship between patents and market value: a panel smooth transition regression (PSTR) approach," Scientometrics, Springer;Akadémiai Kiadó, vol. 98(2), pages 1145-1159, February.

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