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http://dx.doi.org/10.14400/JDC.2021.19.6.113

A three-dimensional patent evaluation model that considers the factors for calculating the internal and external value of a patent: Arrhenius chemical reaction kinetics-based patent lifespan prediction  

Choi, Yong Muk (Department of Graduate School of Technology & Innovation Management, Hanyang University)
LEE, JAEWON (Department of IT Development & Support, Korea Institute of Patent Information)
Cho, Daemyeong (Department of Graduate School of Technology & Innovation Management, Hanyang University)
Publication Information
Journal of Digital Convergence / v.19, no.6, 2021 , pp. 113-132 More about this Journal
Abstract
This study is a new evaluation using the Arrhenius equation, which is known as the chemical reaction rate estimation equation, to evaluate the intrinsic and extrinsic value elements of patents as a model. The performance of the evaluation model was superior to the SVM, Logistic reg. and ANN models that were used as patent evaluation models in prior studies. In addition, there was a strong correlation between the predicted lifespan of the patent and the actual lifespan of the patent. These evaluation models may be used for evaluation purposes only, or if an evaluation is required, including a commercialization entity or technical characteristics.
Keywords
Evaluation; Arrhenius; Patent; Lifespan; Reaction kinetics; Thermodynamic;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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