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Using patent analysis to explore corporate growth

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  • Yu-Shan Chen

    (National Taipei University)

Abstract

This study applies patent analysis to discuss the influences of the three aspects of patent trait—a firm’s revealed technology advantage in its most important technological field (RTAMIT), relative patent position in its most important technological field (RPPMIT), and patent share in its most important technological field (PSMIT)—upon corporate growth and discusses the moderation effect of relative growth rate of its most important technological field (RGRMIT) in the American pharmaceutical industry. The results demonstrate that the three relationships between corporate growth and the three aspects of patent trait are positive, and verify that RGRMIT moderates the three relationships. This study suggests that pharmaceutical companies should enhance their R&D capabilities, the degree of leading position, and concentration of R&D investment in their most important technological fields to increase their growth. Finally, this study classifies the pharmaceutical companies into four types, and provides some suggestions to them.

Suggested Citation

  • Yu-Shan Chen, 2011. "Using patent analysis to explore corporate growth," Scientometrics, Springer;Akadémiai Kiadó, vol. 88(2), pages 433-448, August.
    • Handle: RePEc:spr:scient:v:88:y:2011:i:2:d:10.1007_s11192-011-0396-8
    DOI: 10.1007/s11192-011-0396-8
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    References listed on IDEAS

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    Cited by:

    1. Yu-Shan Chen & Chun-Yu Shih, 2011. "Re-examine the relationship between patents and Tobin’s q," Scientometrics, Springer;Akadémiai Kiadó, vol. 89(3), pages 781-794, December.
    2. Jorge Nogueira de Paiva Britto & Leonardo Costa Ribeiro & Lucas Teixeira Araújo & Eduardo da Motta e Albuquerque, 2019. "Patent citations, knowledge flows and catching-up: evidences of different national experiences for the period 1982-2006," Textos para Discussão Cedeplar-UFMG 606, Cedeplar, Universidade Federal de Minas Gerais.
    3. Ching-Yan Wu, 2014. "Comparisons of technological innovation capabilities in the solar photovoltaic industries of Taiwan, China, and Korea," Scientometrics, Springer;Akadémiai Kiadó, vol. 98(1), pages 429-446, January.
    4. Mohammad Javad Mansourzadeh & Behrooz Shahmoradi & Hossein Dehdarirad & Elmira Janavi, 2019. "A note on using revealed comparative advantages in scientometrics studies," Scientometrics, Springer;Akadémiai Kiadó, vol. 121(1), pages 595-599, October.
    5. Xia Fan & Wenjie Liu & Guilong Zhu, 2017. "Scientific linkage and technological innovation capabilities: international comparisons of patenting in the solar energy industry," Scientometrics, Springer;Akadémiai Kiadó, vol. 111(1), pages 117-138, April.
    6. Yu-Shan Chen & Chun-Yu Shih & Ching-Hsun Chang, 2013. "Patents and market value in the U.S. pharmaceutical industry: new evidence from panel threshold regression," Scientometrics, Springer;Akadémiai Kiadó, vol. 97(2), pages 161-176, November.
    7. Slavo Radosevic & Esin Yoruk, 2014. "Are there global shifts in the world science base? Analysing the catching up and falling behind of world regions," Scientometrics, Springer;Akadémiai Kiadó, vol. 101(3), pages 1897-1924, December.
    8. Yu-Shan Chen & Yu-Hsien Lin & Tai-Hsi Wu & Shu-Tzu Hung & Pei-Ju Lucy Ting & Chen-Han Hsieh, 2019. "Re-examine the determinants of market value from the perspectives of patent analysis and patent litigation," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(1), pages 1-17, July.
    9. Yu-Shan Chen & Chun-Yu Shih & Ching-Hsun Chang, 2014. "Explore the new relationship between patents and market value: a panel smooth transition regression (PSTR) approach," Scientometrics, Springer;Akadémiai Kiadó, vol. 98(2), pages 1145-1159, February.
    10. Bhatt, Priyanka C. & Lai, Kuei-Kuei & Drave, Vinayak A. & Lu, Tzu-Chuen & Kumar, Vimal, 2023. "Patent analysis based technology innovation assessment with the lens of disruptive innovation theory: A case of blockchain technological trajectories," Technological Forecasting and Social Change, Elsevier, vol. 196(C).

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