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Estimates of the value of patent rights in China

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  • Huang, Can

    () (UNU-MERIT/MGSoG, Maastricht University)

Abstract

We estimate the value of Chinese invention and utility model patents that were applied for during two periods, 1987-1989 and 1986-1998. We find that patents applied for by foreign entities invariably have higher value than do those applied for by domestic entities, and the gap is significant. The total value of invention and utility model patents in the 1987 cohort together represent about 40 per cent of China's 1987 governmental R&D budget.

Suggested Citation

  • Huang, Can, 2012. "Estimates of the value of patent rights in China," MERIT Working Papers 2012-004, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  • Handle: RePEc:unm:unumer:2012004
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    File URL: https://www.merit.unu.edu/publications/wppdf/2012/wp2012-004.pdf
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    References listed on IDEAS

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    1. Marc Baudry & Béatrice Dumont, 2006. "Patent Renewals as Options: Improving the Mechanism for Weeding Out Lousy Patents," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 28(1), pages 41-62, February.
    2. Gambardella, Alfonso & Harhoff, Dietmar & Verspagen, Bart, 2008. "The Value of European Patents," CEPR Discussion Papers 6848, C.E.P.R. Discussion Papers.
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    Cited by:

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    2. Liu, Li-jun & Cao, Cong & Song, Min, 2014. "China's agricultural patents: How has their value changed amid recent patent boom?," Technological Forecasting and Social Change, Elsevier, vol. 88(C), pages 106-121.
    3. Lee Branstetter & Guangwei Li & Francisco Veloso, 2014. "The Rise of International Coinvention," NBER Chapters, in: The Changing Frontier: Rethinking Science and Innovation Policy, pages 135-168, National Bureau of Economic Research, Inc.
    4. Hao Mao & Lauren A. Johnston & Zhifeng Yin, 2019. "The Self-Reported Patent Quality Of Chinese Firms: Motivation Source And Technology Accumulation Effects Analysis," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 64(04), pages 939-960, September.
    5. 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.
    6. Wang, Shaojian & Zeng, Jingyuan & Liu, Xiaoping, 2019. "Examining the multiple impacts of technological progress on CO2 emissions in China: A panel quantile regression approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 103(C), pages 140-150.

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    More about this item

    Keywords

    Value; Patent; China; Invention Patent; Utility Model Patent; Patent Renewal;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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