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Value Metrics
Advantages
- Objective measures of strength to rank individual patents & portfolios
- Identify companies (players) with strong portfolios
- Litigation data is used to refine our algorithms
- Average score of all patents is 1 > a score that's higher than 1 is above average for all metrics
- Unlike some of the other metrics, these can be displayed in the search Hitlist.
Definitions
Technology Impact:
- It assesses the technological impact of patents and patent portfolios by attempting to overcome the biases introduced by simple citation counts
- Its a score based on the number of forward citations received by the analyzed patent families, corrected to account for age and technical domains
- Results are normalized so that an average patent family has a score of 1, making it easy to identify whether the portfolio has above or below average scores
- Includes:
- Age of the patent (in days, using earliest application date)
- Technical domain of the patent
- Count of the forward citations ; nature of citations (self or non-self)
Market Strategy:
- Scores are based on the GDP of the countries where the analyzed patent families are granted or pending
- Countries with expired patent rights are kept in the calculation, as long as they were granted at some point
- Using the percentage of the global market which was or could be protected by this family a 40% reduction is applied to pending countries
- WO/EPs figures are calculated based on the statistical chance of patents being granted in the different authorities given that a pending WO/EP exists
Patent Strength:
- Single score which combines the results of the Technical Impact and Market Strategy indexes
- Provides a combined score for both dead and alive patents
- Includes GDP of countries normalized by age, technical domains and citations
Patent Value:
- Score based on the number of forward citations and GDP of the countries where the analyzed patent families are granted or pending and the REMAINING LIFE of those patents
- Calculation is weighted based on the maximum possible remaining life of the patents within the family
- It combines the Patent Strength index with a weighting based on the remaining life of the patent
Search results in the hitlist display
- Value metrics can be displayed in the search results hitlist
- Value metrics can be used to sort the hitlist
- Begin by using the pulldown menu in the Display function at the top of the center panel display of the search results
- Scroll down and click into the 'Edit' function:
- Move the Value Metrics of your choice into the 'Fields to display' section.
Hit Ok to confirm your choice
- This changes the display to a Custom display
- It updates the values at the top of the search results center panel
NB: You can sort by value metrics by clicking on the column:
