Patent Litigation As a Leading Market Indicator
Name
IFM_PatentLit.pdf
Size
320.96 KB
Format
Adobe PDF
Checksum (MD5)
dfdb27cba6d1042852de42ddc91f25cc
Author(s)
Tang, Victor
Huang, Biao
Date Issued
2001
Abstract
The purpose of this paper is to introduce patent litigation as a leading indicator of market
growth. We model the intensity of patent litigation and the market growth for the
personal computer and cellular phone market in the US. By means of these analytic
models, we show that patent litigation is a leading indicator to market growth. We are
also able to very precisely delineate discrete stages of the product’s market life cycle and
demarcate the time when life-cycle transitions are about to take place. We close this
paper with a discussion on new lines of patent research that are potentially useful for
managerial practice and for investment decisions.
Subjects
patent litigation
market growth
analytic models
life cycle
lifecycle
patent
managerial practice
investment decisions
patents
patent infringement
technology diffusion
market growth
market forecasting
leading indicators
knowledge spillover
early adopters
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