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Lovely but dangerous: The impact of patent citations on patent renewal

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  • Per Botolf Maurseth

Abstract

What is the impact of patent citations on patent renewal behaviour? Patent citations are commonly used as an indicator of technology spillovers. For cited patents, therefore, patent citations have a potentially ambiguous impact. On the one hand, patent citations may indicate a scientific breakthrough, a high value of the cited patent and therefore a long survival period. On the other hand, patent citations may indicate competing innovations that render the cited patent obsolete. By discriminating patents by technology field, it is demonstrated that patents that receive citations across technology fields survive longer than other patents. Patents that receive citations within the same technology field lapse earlier.

Suggested Citation

  • Per Botolf Maurseth, 2005. "Lovely but dangerous: The impact of patent citations on patent renewal," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 14(5), pages 351-374.
  • Handle: RePEc:taf:ecinnt:v:14:y:2005:i:5:p:351-374
    DOI: 10.1080/1043859042000307338
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Jurriën Bakker, 2017. "The log-linear relation between patent citations and patent value," Scientometrics, Springer;Akadémiai Kiadó, vol. 110(2), pages 879-892, February.
    2. Svensson, Roger, 2007. "Commercialization of patents and external financing during the R&D phase," Research Policy, Elsevier, vol. 36(7), pages 1052-1069, September.
    3. Roger Svensson, 2013. "Publicly-funded R&D programs and survival of patents," Applied Economics, Taylor & Francis Journals, vol. 45(10), pages 1343-1358, April.
    4. Gupeng, Zhang & Xiangdong, Chen, 2012. "The value of invention patents in China: Country origin and technology field differences," China Economic Review, Elsevier, vol. 23(2), pages 357-370.
    5. Nicolas van Zeebroeck, 2007. "Patents only live twice: a patent survival analysis in Europe," Working Papers CEB 07-028.RS, ULB -- Universite Libre de Bruxelles.
    6. Zhang, Gupeng & Lv, Xiaofeng & Zhou, Jianghua, 2014. "Private value of patent right and patent infringement: An empirical study based on patent renewal data of China," China Economic Review, Elsevier, vol. 28(C), pages 37-54.
    7. Svensson, Roger, 2006. "Innovation Performance and Government Financing," Working Paper Series 664, Research Institute of Industrial Economics, revised 30 Sep 2006.
    8. Pontus Braunerhjelm & Roger Svensson, 2010. "The inventor’s role: was Schumpeter right?," Journal of Evolutionary Economics, Springer, vol. 20(3), pages 413-444, June.
    9. Svensson, Roger, 2008. "Renewal of Patents and Government Financing," Working Paper Series 759, Research Institute of Industrial Economics.
    10. Nicolas van Zeebroeck, 2009. "Filing strategies and the increasing duration of patent applications," Working Papers CEB 09-005.RS, ULB -- Universite Libre de Bruxelles.
    11. Signore, Simone & Torfs, Wouter, 2017. "The European venture capital landscape: an EIF perspective. Volume IV: The value of innovation for EIF-backed startups," EIF Working Paper Series 2017/45, European Investment Fund (EIF).
    12. Nicolas van Zeebroeck, 2011. "Long Live Patents: the Increasing Life Expectancy of Patent Applications and its Determinants," Review of Economics and Institutions, Università di Perugia, vol. 2(3).
    13. repec:eee:tefoso:v:120:y:2017:i:c:p:271-283 is not listed on IDEAS
    14. Nicolas van Zeebroeck, 2009. "From patent renewals to applications survival: do portfolio management strategies play a role in patent length?," Working Papers CEB 09-028.RS, ULB -- Universite Libre de Bruxelles.
    15. repec:spr:scient:v:86:y:2011:i:2:d:10.1007_s11192-010-0290-9 is not listed on IDEAS

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