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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.

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  • 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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    Cited by:

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    2. Charlotta Grönqvist, 2009. "The private value of patents by patent characteristics: evidence from Finland," The Journal of Technology Transfer, Springer, vol. 34(2), pages 159-168, April.
    3. Svensson, Roger, 2007. "Commercialization of patents and external financing during the R&D phase," Research Policy, Elsevier, vol. 36(7), pages 1052-1069, September.
    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. Gamal Atallah & Gabriel Rodríguez, 2006. "Indirect patent citations," Scientometrics, Springer;Akadémiai Kiadó, vol. 67(3), pages 437-465, June.
    7. Graevenitz, Georg von, 2004. "Spillovers Reconsidered: Analysing Economic Welfare under complementarities in R&D," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 29, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    8. Svensson, Roger, 2006. "Innovation Performance and Government Financing," Working Paper Series 664, Research Institute of Industrial Economics, revised 30 Sep 2006.
    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. Pontus Braunerhjelm & Roger Svensson, 2010. "The inventor’s role: was Schumpeter right?," Journal of Evolutionary Economics, Springer, vol. 20(3), pages 413-444, June.
    12. Zafer Sonmez, 2018. "Interregional inventor collaboration and the commercial value of patented inventions: evidence from the US biotechnology industry," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 61(2), pages 399-438, September.
    13. Per Botolf Maurseth & Roger Svensson, 2014. "Micro evidence on international patenting," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 23(4), pages 398-422, June.
    14. 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).
    15. C. Gay & C. Le Bas, 2005. "Uses without too many abuses of patent citations or the simple economics of patent citations as a measure of value and flows of knowledge," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 14(5), pages 333-338.
    16. Roger Svensson, 2013. "Publicly-funded R&D programs and survival of patents," Applied Economics, Taylor & Francis Journals, vol. 45(10), pages 1343-1358, April.
    17. 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.
    18. Leila Tahmooresnejad & Catherine Beaudry, 2019. "Collaboration or funding: lessons from a study of nanotechnology patenting in Canada and the United States," The Journal of Technology Transfer, Springer, vol. 44(3), pages 741-777, June.
    19. Zhang, Gupeng & Duan, Hongbo & Wang, Shouyang & Zhang, Qianlong, 2018. "Comparative technological advantages between China and developed areas in respect of energy production: Quantitative and qualitative measurements based on patents," Energy, Elsevier, vol. 162(C), pages 1223-1233.
    20. 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.
    21. 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).
    22. C. Gay & C. Le Bas & P. Patel & K. Touach, 2005. "The determinants of patent citations: an empirical analysis of French and British patents in the US," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 14(5), pages 339-350.
    23. Barirani, Ahmad & Beaudry, Catherine & Agard, Bruno, 2017. "Can universities profit from general purpose inventions? The case of Canadian nanotechnology patents," Technological Forecasting and Social Change, Elsevier, vol. 120(C), pages 271-283.
    24. Chihmao Hsieh, 2011. "Explicitly searching for useful inventions: dynamic relatedness and the costs of connecting versus synthesizing," Scientometrics, Springer;Akadémiai Kiadó, vol. 86(2), pages 381-404, February.

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