IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v8y2016i9p901-d77490.html
   My bibliography  Save this article

Patent-Enhancing Strategies by Industry in Korea Using a Data Envelopment Analysis

Author

Listed:
  • BangRae Lee

    (Department of Electrical and Computer Engineering, The Graduate School of the University of Seoul, 163 Seoulsiripdaero, Dongdaemun-gu, Seoul 02504, Korea
    Korea Institute of Science and Technology Information, 66 Hoegiro, Dongdaemun-gu, Seoul 02456, Korea)

  • DongKyu Won

    (Korea Institute of Science and Technology Information, 66 Hoegiro, Dongdaemun-gu, Seoul 02456, Korea)

  • Jun-Hwan Park

    (Korea Institute of Science and Technology Information, 66 Hoegiro, Dongdaemun-gu, Seoul 02456, Korea)

  • LeeNam Kwon

    (Korea Institute of Science and Technology Information, 66 Hoegiro, Dongdaemun-gu, Seoul 02456, Korea)

  • Young-Ho Moon

    (Korea Institute of Science and Technology Information, 66 Hoegiro, Dongdaemun-gu, Seoul 02456, Korea)

  • Han-Joon Kim

    (Department of Electrical and Computer Engineering, The Graduate School of the University of Seoul, 163 Seoulsiripdaero, Dongdaemun-gu, Seoul 02504, Korea)

Abstract

Global competition has increased the importance of patents as a means to protect and strengthen technology and competitiveness. The purposes of our study were to identify what industries in South Korea are strong or weak in terms of patent applications and to identify some strategies to enable weak industries to become strong. For this, we gathered statistics on seven variables as follows: number of businesses, number of employees, research and development investment, number of full-time equivalent researchers, number of research institutions, domestic market size, and number of patent applications. Especially, to compare the ratio of patent applications and the ratio of domestic market size across industries, the industries were classified into the following three categories: strong-, weak-, and no-patent. Furthermore, data envelopment analysis (DEA) suggested some strategies to strengthen patent applications for each industry. In the DEA analysis, the number of patent applications was used as the output variable and the other six variables were used as input variables. Our study will particularly assist industries where protection by patents is an important aspect of their businesses.

Suggested Citation

  • BangRae Lee & DongKyu Won & Jun-Hwan Park & LeeNam Kwon & Young-Ho Moon & Han-Joon Kim, 2016. "Patent-Enhancing Strategies by Industry in Korea Using a Data Envelopment Analysis," Sustainability, MDPI, vol. 8(9), pages 1-17, September.
    • Handle: RePEc:gam:jsusta:v:8:y:2016:i:9:p:901-:d:77490
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/8/9/901/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/8/9/901/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jae Young Choi & Seongkyoon Jeong & Kyunam Kim, 2015. "A Study on Diffusion Pattern of Technology Convergence: Patent Analysis for Korea," Sustainability, MDPI, vol. 7(9), pages 1-24, August.
    2. Grimaldi, Michele & Cricelli, Livio & Di Giovanni, Martina & Rogo, Francesco, 2015. "The patent portfolio value analysis: A new framework to leverage patent information for strategic technology planning," Technological Forecasting and Social Change, Elsevier, vol. 94(C), pages 286-302.
    3. Sangsung Park & Seung-Joo Lee & Sunghae Jun, 2015. "A Network Analysis Model for Selecting Sustainable Technology," Sustainability, MDPI, vol. 7(10), pages 1-16, September.
    4. Jean O. Lanjouw & Ariel Pakes & Jonathan Putnam, 1998. "How to Count Patents and Value Intellectual Property: The Uses of Patent Renewal and Application Data," Journal of Industrial Economics, Wiley Blackwell, vol. 46(4), pages 405-432, December.
    5. Goldin,Ian & Winters,L. Alan (ed.), 1995. "The Economics of Sustainable Development," Cambridge Books, Cambridge University Press, number 9780521469579, October.
    6. Janusz A. Ordover, 1991. "A Patent System for Both Diffusion and Exclusion," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 43-60, Winter.
    7. Keeeun Lee & Inchae Park & Byungun Yoon, 2016. "An Approach for R&D Partner Selection in Alliances between Large Companies, and Small and Medium Enterprises (SMEs): Application of Bayesian Network and Patent Analysis," Sustainability, MDPI, vol. 8(2), pages 1-18, January.
    8. R. D. Banker & A. Charnes & W. W. Cooper, 1984. "Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis," Management Science, INFORMS, vol. 30(9), pages 1078-1092, September.
    9. Jaehyun Choi & Dongsik Jang & Sunghae Jun & Sangsung Park, 2015. "A Predictive Model of Technology Transfer Using Patent Analysis," Sustainability, MDPI, vol. 7(12), pages 1-21, December.
    10. repec:bla:jindec:v:46:y:1998:i:4:p:405-32 is not listed on IDEAS
    11. Inchae Park & Keeeun Lee & Byungun Yoon, 2015. "Exploring Promising Research Frontiers Based on Knowledge Maps in the Solar Cell Technology Field," Sustainability, MDPI, vol. 7(10), pages 1-30, October.
    12. Nicky J. Welton & Howard H. Z. Thom, 2015. "Value of Information," Medical Decision Making, , vol. 35(5), pages 564-566, July.
    13. Charnes, A. & Cooper, W. W. & Rhodes, E., 1979. "Measuring the efficiency of decision-making units," European Journal of Operational Research, Elsevier, vol. 3(4), pages 339-338, July.
    14. Jean O. Lanjouw & Mark Schankerman, 2004. "Patent Quality and Research Productivity: Measuring Innovation with Multiple Indicators," Economic Journal, Royal Economic Society, vol. 114(495), pages 441-465, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Thi-Nham Le & Chia-Nan Wang, 2017. "The Integrated Approach for Sustainable Performance Evaluation in Value Chain of Vietnam Textile and Apparel Industry," Sustainability, MDPI, vol. 9(3), pages 1-21, March.
    2. Alptekin Durmuşoğlu, 2017. "Effects of Clean Air Act on Patenting Activities in Chemical Industry: Learning from Past Experiences," Sustainability, MDPI, vol. 9(5), pages 1-10, May.
    3. Eun Jin Han & So Young Sohn, 2017. "Firms’ Negative Perceptions on Patents, Technology Management Strategies, and Subsequent Performance," Sustainability, MDPI, vol. 9(3), pages 1-15, March.
    4. Chia-Nan Wang & Thanh-Tuan Dang & Ngoc-Ai-Thy Nguyen & Thi-Thu-Hong Le, 2020. "Supporting Better Decision-Making: A Combined Grey Model and Data Envelopment Analysis for Efficiency Evaluation in E-Commerce Marketplaces," Sustainability, MDPI, vol. 12(24), pages 1-24, December.
    5. Jong-Min Kim & Bainwen Sun & Sunghae Jun, 2019. "Sustainable Technology Analysis Using Data Envelopment Analysis and State Space Models," Sustainability, MDPI, vol. 11(13), pages 1-19, June.
    6. JinHyo Joseph Yun & Tan Yigitcanlar, 2017. "Open Innovation in Value Chain for Sustainability of Firms," Sustainability, MDPI, vol. 9(5), pages 1-8, May.
    7. Xiaochuan Shi & Lei Wu & Xiaoliang Meng, 2017. "A New Optimization Model for the Sustainable Development: Quadratic Knapsack Problem with Conflict Graphs," Sustainability, MDPI, vol. 9(2), pages 1-10, February.
    8. Shuichiro Kajima & Yuta Uchiyama & Ryo Kohsaka, 2020. "Intellectual Property Strategies for Timber and Forest Products: The Case of Regional Collective Trademark Applications by Japanese Forestry Associations," Sustainability, MDPI, vol. 12(5), pages 1-16, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mohd Shadab Danish & Pritam Ranjan & Ruchi Sharma, 2021. "Identification of “Valuable” Technologies via Patent Statistics in India: An Analysis Based on Renewal Information," BASE University Working Papers 13/2021, BASE University, Bengaluru, India.
    2. Junhyeog Choi & Sunghae Jun & Sangsung Park, 2016. "A Patent Analysis for Sustainable Technology Management," Sustainability, MDPI, vol. 8(7), pages 1-13, July.
    3. Leila Tahmooresnejad & Catherine Beaudry, 2018. "Do patents of academic funded researchers enjoy a longer life? A study of patent renewal decisions," PLOS ONE, Public Library of Science, vol. 13(8), pages 1-22, August.
    4. Leila Tahmooresnejad & Catherine Beaudry, 2019. "Capturing the economic value of triadic patents," Scientometrics, Springer;Akadémiai Kiadó, vol. 118(1), pages 127-157, January.
    5. Bo Kyeong Lee & So Young Sohn, 2017. "Exploring the effect of dual use on the value of military technology patents based on the renewal decision," Scientometrics, Springer;Akadémiai Kiadó, vol. 112(3), pages 1203-1227, September.
    6. Yang, Guancan & Lu, Guoxuan & Xu, Shuo & Chen, Liang & Wen, Yuxin, 2023. "Which type of dynamic indicators should be preferred to predict patent commercial potential?," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    7. Jun Hong Park & Sang Ho Kook & Hyeonu Im & Soomin Eum & Chulung Lee, 2018. "Fabless Semiconductor Firms’ Financial Performance Determinant Factors: Product Platform Efficiency and Technological Capability," Sustainability, MDPI, vol. 10(10), pages 1-22, September.
    8. Korhonen, Pekka J. & Dehnokhalaji, Akram & Nasrabadi, Nasim, 2018. "A lexicographic radial projection onto the efficient frontier in Data Envelopment Analysis," European Journal of Operational Research, Elsevier, vol. 265(3), pages 1005-1012.
    9. Jun Hong Park & Hyunseog Chung & Ki Hong Kim & Jin Ju Kim & Chulung Lee, 2021. "The Impact of Technological Capability on Financial Performance in the Semiconductor Industry," Sustainability, MDPI, vol. 13(2), pages 1-20, January.
    10. Mohd Shadab Danish & Pritam Ranjan & Ruchi Sharma, 2022. "Assessing the Impact of Patent Attributes on the Value of Discrete and Complex Innovations," Papers 2208.07222, arXiv.org.
    11. Alptekin Durmuşoğlu, 2017. "Effects of Clean Air Act on Patenting Activities in Chemical Industry: Learning from Past Experiences," Sustainability, MDPI, vol. 9(5), pages 1-10, May.
    12. Moaniba, Igam M. & Lee, Pei-Chun & Su, Hsin-Ning, 2020. "How does external knowledge sourcing enhance product development? Evidence from drug commercialization," Technology in Society, Elsevier, vol. 63(C).
    13. Su, Hsin-Ning & Moaniba, Igam M., 2020. "Does geographic distance to partners affect firm R&D spending? The moderating roles of individuals, firms, and countries," Journal of Business Research, Elsevier, vol. 106(C), pages 12-23.
    14. Antoine Dechezleprêtre & Yann Ménière & Myra Mohnen, 2017. "International patent families: from application strategies to statistical indicators," Scientometrics, Springer;Akadémiai Kiadó, vol. 111(2), pages 793-828, May.
    15. Huang, Kenneth Guang-Lih & Huang, Can & Shen, Huijun & Mao, Hao, 2021. "Assessing the value of China's patented inventions," Technological Forecasting and Social Change, Elsevier, vol. 170(C).
    16. Jongchan Kim & Jaehyun Choi & Sangsung Park & Dongsik Jang, 2018. "Patent Keyword Extraction for Sustainable Technology Management," Sustainability, MDPI, vol. 10(4), pages 1-18, April.
    17. Uijun Kwon & Youngjung Geum, 2020. "Identification of promising inventions considering the quality of knowledge accumulation: a machine learning approach," Scientometrics, Springer;Akadémiai Kiadó, vol. 125(3), pages 1877-1897, December.
    18. Sungchul Kim & Dongsik Jang & Sunghae Jun & Sangsung Park, 2015. "A Novel Forecasting Methodology for Sustainable Management of Defense Technology," Sustainability, MDPI, vol. 7(12), pages 1-17, December.
    19. Eungchan Kim & Young Seok Ock & Seung-Jun Shin & Wonchul Seo, 2018. "An Approach to Generating Reference Information for Technology Evaluation," Sustainability, MDPI, vol. 10(9), pages 1-19, September.
    20. Eun Jin Han & So Young Sohn, 2017. "Firms’ Negative Perceptions on Patents, Technology Management Strategies, and Subsequent Performance," Sustainability, MDPI, vol. 9(3), pages 1-15, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:8:y:2016:i:9:p:901-:d:77490. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.