A heuristic procedure to identify the most valuable chain of patent priority network |
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Authors: | Fang-Pei SuAuthor VitaeWen-Goang YangAuthor Vitae Kuei-Kuei LaiAuthor Vitae |
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Affiliation: | a Department of Logistics Management, Shu-Te University, Kaohsiung County, Taiwan, ROCb Department of Leisure Services Management, Chaoyang University of Technology, Taichung, Taiwan, ROCc Department of Business Administration, National Yunlin University of Science and Technology, Yunlin, Taiwan, ROC |
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Abstract: | In this study, we provide support for the argument that patents are at their maximum value at those times when they are under litigation. We develop a heuristic procedure to determine the way in which such patents under litigation form a network of patent family members, and then go on to examine the priority patents involved. We subsequently attempt to develop a simple procedure to further identify both the ‘critical’ and ‘significant’ chains within our proposed patent priority network. We suggest that the ‘critical’ and ‘significant’ chains that are created within the above network provide companies with important information which will ultimately provide them with valuable support for the subsequent decision of their patent portfolio strategies. |
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Keywords: | Patent family Patent priority network Patent portfolio |
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