“Wacky” patents meet economic indicators


Czarnitzki, Dirk ; Hussinger, Katrin ; Schneider, Cédric


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URL: https://ub-madoc.bib.uni-mannheim.de/3198
URN: urn:nbn:de:bsz:180-madoc-31980
Document Type: Working paper
Year of publication: 2011
The title of a journal, publication series: None
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: O34 ,
Subject headings (SWD): Patent , Qualität , Messung
Individual keywords (German): Publikationsanalyse
Keywords (English): patents , patent indicators , quality measurement
Abstract: This study investigates whether standard patent measures for the importance and basicness of patents are able to distinguish between “wacky” patents and a control group of randomly drawn patents. Our findings show that forward citations are good predictors of importance. However, the “wacky” patents have higher originality, generality and average citation lags than the controls, which suggests that these indicators should be interpreted carefully.
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