Patent Value Indicators – Supplement of Patent Analytics Course by Turnip

All patents are not same. There is significant variance in their technical and commercial value. Empirical research (Pakes and Schankerman, 1986) has shown that half of the estimated patent value belongs to 5% of the entire patent population. More recently, based on survey data, Gambardella and Harhoff (2008, p. 79) found the mean value of