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Analysis of Key Features of High-Value Patent Based on Lasso-Logit

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DOI: 10.23977/ferm.2023.060313 | Downloads: 7 | Views: 351

Author(s)

Ge Zhou 1, Yuliang Tong 1, Haiyou Wang 1

Affiliation(s)

1 State Grid Economics and Technology Research Institute Co. Ltd, Beijing, China

Corresponding Author

Ge Zhou

ABSTRACT

High-value patent is the key factor for improving corporate core competitiveness, which carries great significance for achieving high quality corporate development strategy. The “14th Five-Year Plan for the National Protection and Application of Intellectual Property Rights” issued by the State Council clearly states the need to shift from focus on quantity to quality development in advancing intellectual property related work, thus enabling high-quality development of intellectual property rights. In order to provide scientific and effective evaluation of high-value patents, this paper centres on the connotation of high-value patents, analyzes 914 samples including control patents and patents that won gold and silver prize in 15th to 23rd China Patent Award. According to the formation stage of high-value patents-- technical invention, application review, authorization protection and market transformation, a high-value patent evaluation index system consisting of 15 related indexes was constructed. Key features of high-value patents were identified and screened based on Lasso-logit method in order to provide index references for the identification and cultivation of high-value patents.

KEYWORDS

High-value patent, china patent award, evaluation index, lasso-logit model

CITE THIS PAPER

Ge Zhou, Yuliang Tong, Haiyou Wang, Analysis of Key Features of High-Value Patent Based on Lasso-Logit. Financial Engineering and Risk Management (2023) Vol. 6: 87-95. DOI: http://dx.doi.org/10.23977/ferm.2023.060313.

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