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    All Patents Great and Small: A Big Data Network Approach to Valuation

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    Citation and Abstract (6.959Kb)
    Issue Date
    2017
    Author
    Torrance, Andrew W.
    West, Jevin
    Publisher
    Virginia Journal of Law and Technology
    Type
    Article
    Article Version
    Scholarly/refereed, publisher version
    Published Version
    www.vjolt.net
    Version
    https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2942766
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    Abstract
    Measuring patent value is an important goal of scholars in both patent law and patent economics. However, doing so objectively, accurately, and consistently has proved exceedingly difficult. At least part of the reason for this difficulty is that patents themselves are complex documents that are difficult even for patent experts to interpret. In addition, issued patents are the result of an often long and complicated negotiation between applicant and patent office (in the United States, the United States Patent & Trademark Office (USPTO)), resulting in an opaque "prosecution history" upon which the scope of claimed patent rights depends. In this Article, we approach the concept of patent value by using the relative positions of issued United States (U.S.) patents embedded within a comprehensive patent citation network to measure the importance of those patents within the network. Thus, we tend to refer to the "importance" of patents instead of "value," but there is good reason to believe that these two concepts share a very similar meaning.
    URI
    http://hdl.handle.net/1808/23884
    Collections
    • Law School Scholarly Works [621]
    Citation
    30 Va. J.L. & Tech. 466 (2017)

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      Neurobiology and Patenting Thought 

      Torrance, Andrew W. (University of New Hampshire School of Law, 2009)
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      Property Rules, Liability Rules, and Patents: One Experimental View of the Cathedral 

      Tomlinson, Bill; Torrance, Andrew W. (Yale Law School, 2011)
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    KU Libraries
    1425 Jayhawk Blvd
    Lawrence, KS 66045
    785-864-8983

    KU Libraries
    1425 Jayhawk Blvd
    Lawrence, KS 66045
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    Contact KU ScholarWorks
    785-864-8983
    KU Libraries
    1425 Jayhawk Blvd
    Lawrence, KS 66045
    785-864-8983

    KU Libraries
    1425 Jayhawk Blvd
    Lawrence, KS 66045
    Image Credits
     

     

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