An entropy-based indicator system for measuring the potential of patents in technological innovation: rejecting moderation

Zhang, Y; Qian, Y; Huang, Y; Guo, Y; Zhang, G; Lu, J

An entropy-based indicator system for measuring the potential of patents in technological innovation: rejecting moderation

Zhang, Y

Qian, Y Huang, Y Guo, Y Zhang, G

Lu, J

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Publication Type:: Journal Article
Citation:: Scientometrics, 2017, 111 (3), pp. 1925 - 1946
Issue Date:: 2017-06-01

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Field	Value	Language
dc.contributor.author	Zhang, Y https://orcid.org/0000-0002-7731-0301	en_US
dc.contributor.author	Qian, Y	en_US
dc.contributor.author	Huang, Y	en_US
dc.contributor.author	Guo, Y	en_US
dc.contributor.author	Zhang, G https://orcid.org/0000-0003-3960-0583	en_US
dc.contributor.author	Lu, J https://orcid.org/0000-0003-0690-4732	en_US
dc.date.available	2020-05-25T19:20:19Z
dc.date.issued	2017-06-01	en_US
dc.identifier.citation	Scientometrics, 2017, 111 (3), pp. 1925 - 1946	en_US
dc.identifier.issn	0138-9130	en_US
dc.identifier.uri	http://hdl.handle.net/10453/86123
dc.description.abstract	© 2017, Akadémiai Kiadó, Budapest, Hungary. How to evaluate the value of a patent in technological innovation quantitatively and systematically challenges bibliometrics. Traditional indicator systems and weighting approaches mostly lead to “moderation” results; that is, patents ranked to a top list can have only good-looking values on all indicators rather than distinctive performances in certain individual indicators. Orienting patents authorized by the United States Patent and Trademark Office (USPTO), this paper constructs an entropy-based indicator system to measure their potential in technological innovation. Shannon’s entropy is introduced to quantitatively weight indicators and a collaborative filtering technique is used to iteratively remove negative patents. What remains is a small set of positive patents with potential in technological innovation as the output. A case study with 28,509 USPTO-authorized patents with Chinese assignees, covering the period from 1976 to 2014, demonstrates the feasibility and reliability of this method.	en_US
dc.relation	http://purl.org/au-research/grants/arc/DP170101632
dc.relation	http://purl.org/au-research/grants/arc/DP150101645
dc.relation	http://purl.org/au-research/grants/arc/DP140101366
dc.relation.ispartof	Scientometrics	en_US
dc.relation.isbasedon	10.1007/s11192-017-2337-7	en_US
dc.subject.classification	Science Studies	en_US
dc.title	An entropy-based indicator system for measuring the potential of patents in technological innovation: rejecting moderation	en_US
dc.type	Journal Article
utslib.citation.volume	3	en_US
utslib.citation.volume	111	en_US
utslib.for	0807 Library and Information Studies	en_US
utslib.for	1605 Policy and Administration	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology/School of Computer Science
pubs.organisational-group	/University of Technology Sydney/Strength - CAI - Centre for Artificial Intelligence
utslib.copyright.status	open_access
pubs.issue	3	en_US
pubs.publication-status	Published	en_US
pubs.volume	111	en_US

Abstract:

© 2017, Akadémiai Kiadó, Budapest, Hungary. How to evaluate the value of a patent in technological innovation quantitatively and systematically challenges bibliometrics. Traditional indicator systems and weighting approaches mostly lead to “moderation” results; that is, patents ranked to a top list can have only good-looking values on all indicators rather than distinctive performances in certain individual indicators. Orienting patents authorized by the United States Patent and Trademark Office (USPTO), this paper constructs an entropy-based indicator system to measure their potential in technological innovation. Shannon’s entropy is introduced to quantitatively weight indicators and a collaborative filtering technique is used to iteratively remove negative patents. What remains is a small set of positive patents with potential in technological innovation as the output. A case study with 28,509 USPTO-authorized patents with Chinese assignees, covering the period from 1976 to 2014, demonstrates the feasibility and reliability of this method.

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http://hdl.handle.net/10453/86123