IDEAS home Printed from https://ideas.repec.org/a/ids/ijbpma/v2y2000i1-2-3p180-193.html
   My bibliography  Save this article

Using patent data to measure innovation performance

Author

Listed:
  • Riitta Katila

Abstract

Technologically radical innovations are a key success factor in many high technology industries. This study examines how firms can measure performance on this key dimension. I ask two questions; 1, how can patent data be used to measure innovation and its radicalism, and 2, what are some of the empirical shortcomings with the current methods using patent data? These research questions are examined through a longitudinal data of 100 biopharmaceutical companies. Two main conclusions are drawn. First, patents and the subsequent patents that cite them provide a useful way to measure innovation performance. Patent data can be used to monitor activities of competitors, form a performance evaluation system in R&D organisations, and identify a specific technological trend. Second, in prior research, patent citation lags used to distinguish between innovations of different quality have been too short to distinguish between incremental and radical innovations. Lags of ten years and longer are recommended. Short lags may obscure patent-based comparisons of firm innovativeness.

Suggested Citation

  • Riitta Katila, 2000. "Using patent data to measure innovation performance," International Journal of Business Performance Management, Inderscience Enterprises Ltd, vol. 2(1/2/3), pages 180-193.
    • Handle: RePEc:ids:ijbpma:v:2:y:2000:i:1/2/3:p:180-193
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=72
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Davide Consoli & Fabrizio Fusillo & Gianluca Orsatti & Francesco Quatraro, 2021. "Skill endowment, routinisation and digital technologies: evidence from U.S. Metropolitan Areas," Industry and Innovation, Taylor & Francis Journals, vol. 28(8), pages 1017-1045, September.
    2. Jie Wu & Kathryn Rudie Harrigan & Siah Hwee Ang & Zefu Wu, 2019. "The impact of imitation strategy and R&D resources on incremental and radical innovation: evidence from Chinese manufacturing firms," The Journal of Technology Transfer, Springer, vol. 44(1), pages 210-230, February.
    3. Nnaemeka Vincent Emodi & Girish Panchakshara Murthy & Chinenye Comfort Emodi & Adaeze Saratu Augusta Emodi, 2017. "Factors Influencing Innovation and Industrial Performance in Chinese Manufacturing Industry," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 14(06), pages 1-32, December.
    4. Mariia Shkolnykova & Muhamed Kudic, 2020. "Who benefits from radical innovations of SMEs? - Empirical evidence from the German Biotechnology," Bremen Papers on Economics & Innovation 2003, University of Bremen, Faculty of Business Studies and Economics.
    5. Andreas Reinstaller & Peter Reschenhofer, 2017. "Using PageRank in the analysis of technological progress through patents: an illustration for biotechnological inventions," Scientometrics, Springer;Akadémiai Kiadó, vol. 113(3), pages 1407-1438, December.
    6. Shankar Ghimire & Nawaraj Sharma Paudel, 2019. "R&D, FDI, and Innovation: Examination of the Patent Applications in the OECD Countries," Journal of Development Innovations, KarmaQuest International, vol. 3(2), pages 1-11, December.
    7. Balkrishna Rao, 2010. "How to Measure Innovation," Challenge, Taylor & Francis Journals, vol. 53(1), pages 109-125.
    8. Mariasole Bannò & Giorgia Maria D’Allura & Graziano Coller & Celeste Varum, 2023. "Men are from Mars, women are from Venus: on lenders’ stereotypical views and the implications for a firm’s debt," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 27(2), pages 651-687, June.
    9. Brem, Alexander & Nylund, Petra A. & Schuster, Gerd, 2016. "Innovation and de facto standardization: The influence of dominant design on innovative performance, radical innovation, and process innovation," Technovation, Elsevier, vol. 50, pages 79-88.
    10. Becsky-Nagy, Patrícia & Fazekas, Balázs, 2018. "Az állam a kockázati tőkés szerepében [The state in its risk-capital role]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1257-1280.
    11. Umeair Shahzad & Jing Liu & Faisal Mahmood & Fukai Luo, 2021. "Corporate innovation and trade credit demand: Evidence from China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(6), pages 1591-1606, September.
    12. Mariia Shkolnykova, 2021. "Who shapes plant biotechnology in Germany? Joint analysis of the evolution of co-authors’ and co-inventors’ networks," Review of Evolutionary Political Economy, Springer, vol. 2(1), pages 27-54, April.
    13. Nunzia Carbonara & Roberta Pellegrino, 2020. "The role of public private partnerships in fostering innovation," Construction Management and Economics, Taylor & Francis Journals, vol. 38(2), pages 140-156, February.
    14. Talya Ponchek, 2016. "To Collaborate or Not to Collaborate? A Study of the Value of Innovation from a Sectoral Perspective," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 7(1), pages 43-79, March.
    15. Adams, Pamela & Bodas Freitas, Isabel Maria & Fontana, Roberto, 2019. "Strategic orientation, innovation performance and the moderating influence of marketing management," Journal of Business Research, Elsevier, vol. 97(C), pages 129-140.
    16. Dziallas, Marisa & Blind, Knut, 2019. "Innovation indicators throughout the innovation process: An extensive literature analysis," Technovation, Elsevier, vol. 80, pages 3-29.
    17. José Giménez & Antonia Madrid-Guijarro & Antonio Duréndez, 2019. "Competitive Capabilities for the Innovation and Performance of Spanish Construction Companies," Sustainability, MDPI, vol. 11(19), pages 1-24, October.
    18. Rehman, Naqeeb Ur, 2016. "Does Internal and External Research and Development Affect Innovation of Small and Medium-Sized Enterprises? Evidence from India and Pakistan," ADBI Working Papers 577, Asian Development Bank Institute.
    19. Mariia Shkolnykova & Muhamed Kudic, 2022. "Who benefits from SMEs’ radical innovations?—empirical evidence from German biotechnology," Small Business Economics, Springer, vol. 58(2), pages 1157-1185, February.
    20. Nylund, Petra A. & Brem, Alexander & Agarwal, Nivedita, 2022. "Enabling technologies mitigating climate change: The role of dominant designs in environmental innovation ecosystems," Technovation, Elsevier, vol. 117(C).

    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:ids:ijbpma:v:2:y:2000:i:1/2/3:p:180-193. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=3 .

    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.