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Patent citations and licensing value

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dc.contributor.advisor Fiona Murray. en_US
dc.contributor.author Daines, Gregory P en_US
dc.contributor.other Sloan School of Management. en_US
dc.date.accessioned 2007-11-16T14:18:09Z
dc.date.available 2007-11-16T14:18:09Z
dc.date.copyright 2007 en_US
dc.date.issued 2007 en_US
dc.identifier.uri http://hdl.handle.net/1721.1/39530
dc.description Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2007. en_US
dc.description Includes bibliographical references (leaves 68-71). en_US
dc.description.abstract Innovation has become the dominant economic idea of our time and has resulted in a proliferation of innovation-oriented rhetoric, and policies. There is a great need to understand and harness innovation, but it has proven to be as difficult to measure as it is to define. At present, the quest to understand innovation hinges on finding reliable ways to identify and measure it, the most promising of which is the analysis of patent information. Patents have been increasingly used by economists to track inventiveness, the transmission of knowledge, and their economic impact. However, it is evident that the maiority of patents have little or no economic potential, and so merely observing the number of patents provides little insight on innovation. It has become important, therefore, to develop reliable methods for measuring the true economic potential of patents. Of all the solutions proposed, the analysis of patent citations is the most promising. This study examines the relationship between patent citations and the private economic value of patents, and makes both theoretical and empirical contributions. en_US
dc.description.abstract (cont.) First, the previous literature is reviewed to further extend and clarify the theory of the economic meaning of patent citations. Second, a typology of patent value is proposed to contextualize the relevance of the theory under different appropriation regimes. Finally, this study tests the economic meaning of citations using a new dataset where the licensing value of a group of patents is observed directly. The findings confirm a consistent relationship between patent citations and two different measures of patent value. en_US
dc.description.provenance Made available in DSpace on 2007-11-16T14:18:09Z (GMT). No. of bitstreams: 2 173993864.pdf: 3406718 bytes, checksum: 3f65861dcff94e980d90ded08fe7b851 (MD5) 173993864-MIT.pdf: 3406528 bytes, checksum: 09dbeffb95beebdba7e3052eb71fe1be (MD5) Previous issue date: 2007 en
dc.description.statementofresponsibility by Gregory P. Daines. en_US
dc.format.extent 71 leaves en_US
dc.language.iso eng en_US
dc.publisher Massachusetts Institute of Technology en_US
dc.rights M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. en_US
dc.rights.uri http://dspace.mit.edu/handle/1721.1/7582
dc.subject Sloan School of Management. en_US
dc.title Patent citations and licensing value en_US
dc.type Thesis en_US
dc.description.degree M.B.A. en_US
dc.contributor.department Sloan School of Management. en_US
dc.identifier.oclc 173993864 en_US

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