Add to ORKGWe explore the usefulness of patent citations as a measure of the "importance" of a firm's patents, as indicated by the stock market valuation of the firm's intangible stock of knowledge. Using patents and citations for 1963-1995, we estimate Tobin's q equations on the ratios of R&D to assets stocks, patents to R&D, and citations to patents. We find that each ratio significantly affects market value, with an extra citation per patent boosting market value by 3%. Further findings indicate that "unpredictable" citations have a stronger effect than the predictable portion, and that self-citations are more valuable than external citations
This paper provides novel empirical evidence on the private value of patents and R&D in European...
In recent years, business practitioners are seen valuing patents on the basis of the market price th...
The aim of the article is to investigate the determinants of patent citations which are reasonably g...
As patent data become more available in machine-readable form, an increasing number of researchers h...
Prior work suggests that more valuable patents are cited more and this view has become standard in t...
There is a growing literature that aims at assessing the private value of knowledge assets and paten...
This thesis examines the effect of the nature of a startup firm's underlying technological relations...
Prior work suggests that more valuable patents are cited more and this view has become standard in t...
ABSTRACT: Over the last decade, the use of patent citation based measures as proxies for the private...
Version 5 In recent years, economists have begun asking whether incentive schemes like the patent sy...
This paper reports the results of an analysis of patent citation and patent renewal data, advancing ...
Patents form a central pathway for capturing the value of intangible assets in a knowledge-intensive...
This paper provides novel empirical evidence on the private value of patents and R&D in European fir...
The number of times a patent is referenced by other patents is generally seen as a good indication o...
This paper provides novel empirical evidence on the private value of patents and R&D in European...
This paper provides novel empirical evidence on the private value of patents and R&D in European...
In recent years, business practitioners are seen valuing patents on the basis of the market price th...
The aim of the article is to investigate the determinants of patent citations which are reasonably g...
As patent data become more available in machine-readable form, an increasing number of researchers h...
Prior work suggests that more valuable patents are cited more and this view has become standard in t...
There is a growing literature that aims at assessing the private value of knowledge assets and paten...
This thesis examines the effect of the nature of a startup firm's underlying technological relations...
Prior work suggests that more valuable patents are cited more and this view has become standard in t...
ABSTRACT: Over the last decade, the use of patent citation based measures as proxies for the private...
Version 5 In recent years, economists have begun asking whether incentive schemes like the patent sy...
This paper reports the results of an analysis of patent citation and patent renewal data, advancing ...
Patents form a central pathway for capturing the value of intangible assets in a knowledge-intensive...
This paper provides novel empirical evidence on the private value of patents and R&D in European fir...
The number of times a patent is referenced by other patents is generally seen as a good indication o...
This paper provides novel empirical evidence on the private value of patents and R&D in European...
This paper provides novel empirical evidence on the private value of patents and R&D in European...
In recent years, business practitioners are seen valuing patents on the basis of the market price th...
The aim of the article is to investigate the determinants of patent citations which are reasonably g...