IDEAS home Printed from https://ideas.repec.org/a/wsi/ijitmx/v16y2019i02ns0219877019500408.html
   My bibliography  Save this article

Identifying Emerging Technologies with Smart Patent Indicators: The Example of Smart Houses

Author

Listed:
  • Carsten C. Guderian

    (WHU-Otto Beisheim School of Management, Burgplatz 2, 56179 Vallendar, Germany)

Abstract

Patent information plays a key role in technology intelligence. As granted patent rights provide temporary exclusivity to commercialize inventions, emerging technologies are marked by brisk increases in patenting, revealing patent-based information as sources for corporate technology intelligence. In this paper, I analyze one such emerging technology, smart houses, which refers to connected and centrally controlled everyday household solutions. I provide a detailed technology landscape study that tracks longitudinal patenting changes in the technology during the 18-year period from 2000 to 2017. Central to the analyses is the use of smart indicators and longitudinal annual data, allowing tracking changes over time. The analyses encompass general patenting trends in the technology of smart houses, including the detection of key players, pertinent technology class developments, and most relevant countries for the technology of smart houses. The case study results indicate that the use of smart indicators and longitudinal data supplements established patent indicators in technology intelligence by providing additional insights to the emergence of new technologies that cannot be detected by conventional measures.

Suggested Citation

  • Carsten C. Guderian, 2019. "Identifying Emerging Technologies with Smart Patent Indicators: The Example of Smart Houses," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 16(02), pages 1-24, April.
  • Handle: RePEc:wsi:ijitmx:v:16:y:2019:i:02:n:s0219877019500408
    DOI: 10.1142/S0219877019500408
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0219877019500408
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://libkey.io/10.1142/S0219877019500408?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

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

    References listed on IDEAS

    as
    1. Ernst, Holger & Omland, Nils, 2011. "The Patent Asset Index - A new approach to benchmark patent portfolios," World Patent Information, Elsevier, vol. 33(1), pages 34-41, March.
    2. Nils Omland, 2011. "Valuing Patents through Indicators," Chapters, in: Federico Munari & Raffaele Oriani (ed.), The Economic Valuation of Patents, chapter 7, Edward Elgar Publishing.
    3. Mary Mathew, 2015. "Introduction to the Special Section on Patent Analytics," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 12(03), pages 1-4.
    4. Ernst, Holger, 2001. "Patent applications and subsequent changes of performance: evidence from time-series cross-section analyses on the firm level," Research Policy, Elsevier, vol. 30(1), pages 143-157, January.
    5. Lee, Changyong & Kang, Bokyoung & Shin, Juneseuk, 2015. "Novelty-focused patent mapping for technology opportunity analysis," Technological Forecasting and Social Change, Elsevier, vol. 90(PB), pages 355-365.
    6. Campbell, Richard S., 1983. "Patent trends as a technological forecasting tool," World Patent Information, Elsevier, vol. 5(3), pages 137-143.
    7. Bronwyn H. Hall & Adam Jaffe & Manuel Trajtenberg, 2005. "Market Value and Patent Citations," RAND Journal of Economics, The RAND Corporation, vol. 36(1), pages 16-38, Spring.
    8. Adam B. Jaffe & Manuel Trajtenberg & Rebecca Henderson, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 577-598.
    9. Criscuolo, Paola & Verspagen, Bart, 2008. "Does it matter where patent citations come from? Inventor vs. examiner citations in European patents," Research Policy, Elsevier, vol. 37(10), pages 1892-1908, December.
    10. repec:fth:harver:1473 is not listed on IDEAS
    11. de Rassenfosse, Gaétan & Dernis, Hélène & Guellec, Dominique & Picci, Lucio & van Pottelsberghe de la Potterie, Bruno, 2013. "The worldwide count of priority patents: A new indicator of inventive activity," Research Policy, Elsevier, vol. 42(3), pages 720-737.
    12. McMillan, G. Steven & Narin, Francis & Deeds, David L., 2000. "An analysis of the critical role of public science in innovation: the case of biotechnology," Research Policy, Elsevier, vol. 29(1), pages 1-8, January.
    13. Baron, Justus & Pohlmann, Tim & Blind, Knut, 2016. "Essential patents and standard dynamics," Research Policy, Elsevier, vol. 45(9), pages 1762-1773.
    14. Zvi Griliches, 1998. "Patent Statistics as Economic Indicators: A Survey," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 287-343, National Bureau of Economic Research, Inc.
    15. repec:bla:jindec:v:46:y:1998:i:4:p:405-32 is not listed on IDEAS
    16. Harhoff, Dietmar & Reitzig, Markus, 2004. "Determinants of opposition against EPO patent grants--the case of biotechnology and pharmaceuticals," International Journal of Industrial Organization, Elsevier, vol. 22(4), pages 443-480, April.
    17. Russell J. Funk & Jason Owen-Smith, 2017. "A Dynamic Network Measure of Technological Change," Management Science, INFORMS, vol. 63(3), pages 791-817, March.
    18. Shyam Sreekumaran Nair & Mary Mathew, 2015. "The Dynamics Between Forward Citations and Price of Singleton Patents," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 12(03), pages 1-12.
    19. Reitzig, Markus, 2004. "Improving patent valuations for management purposes--validating new indicators by analyzing application rationales," Research Policy, Elsevier, vol. 33(6-7), pages 939-957, September.
    20. Tijssen, Robert J. W., 2001. "Global and domestic utilization of industrial relevant science: patent citation analysis of science-technology interactions and knowledge flows," Research Policy, Elsevier, vol. 30(1), pages 35-54, January.
    21. Gao, Lidan & Porter, Alan L. & Wang, Jing & Fang, Shu & Zhang, Xian & Ma, Tingting & Wang, Wenping & Huang, Lu, 2013. "Technology life cycle analysis method based on patent documents," Technological Forecasting and Social Change, Elsevier, vol. 80(3), pages 398-407.
    22. Federico Munari & Raffaele Oriani (ed.), 2011. "The Economic Valuation of Patents," Books, Edward Elgar Publishing, number 13561.
    23. Basberg, Bjorn L., 1987. "Patents and the measurement of technological change: A survey of the literature," Research Policy, Elsevier, vol. 16(2-4), pages 131-141, August.
    24. Brockhoff, Klaus K. & Ernst, Holger & Hundhausen, Eckhard, 1999. "Gains and pains from licensing: Patent-portfolios as strategic weapons in the cardiac rhythm management industry," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 497, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    25. 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.
    26. Paola Criscuolo & Rajneesh Narula & Bart Verspagen, 2005. "Role of home and host country innovation systems in r&d internationalisation: a patent citation analysis," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 14(5), pages 417-433.
    27. Comanor, William S & Scherer, Frederic M, 1969. "Patent Statistics as a Measure of Technical Change," Journal of Political Economy, University of Chicago Press, vol. 77(3), pages 392-398, May/June.
    28. Ernst, Holger, 2003. "Patent information for strategic technology management," World Patent Information, Elsevier, vol. 25(3), pages 233-242, September.
    29. 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.
    30. Harhoff, Dietmar & Scherer, Frederic M. & Vopel, Katrin, 2003. "Citations, family size, opposition and the value of patent rights," Research Policy, Elsevier, vol. 32(8), pages 1343-1363, September.
    31. Benno Buehler & Daniel Coublucq & Cyril Hariton & Gregor Langus & Tommaso Valletti, 2017. "Recent Developments at DG Competition: 2016/2017," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 51(4), pages 397-422, December.
    32. Shin, Jungwoo & Park, Yuri & Lee, Daeho, 2018. "Who will be smart home users? An analysis of adoption and diffusion of smart homes," Technological Forecasting and Social Change, Elsevier, vol. 134(C), pages 246-253.
    33. Narin, Francis & Hamilton, Kimberly S. & Olivastro, Dominic, 1997. "The increasing linkage between U.S. technology and public science," Research Policy, Elsevier, vol. 26(3), pages 317-330, October.
    34. Fischer, Timo & Leidinger, Jan, 2014. "Testing patent value indicators on directly observed patent value—An empirical analysis of Ocean Tomo patent auctions," Research Policy, Elsevier, vol. 43(3), pages 519-529.
    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. Guderian, Carsten C. & Posth, Jan-Alexander & Grob, Linus, 2023. "Investment decisions and passive portfolio construction utilizing patent analytics: A multi-case study on COVID-19 treatment technologies," The Quarterly Review of Economics and Finance, Elsevier, vol. 92(C), pages 66-87.
    2. Peter M. Bican & Dirk Caspary & Carsten C. Guderian, 2023. "Cross-Border Dynamics of IP Modularity: International Patenting in LEDs and Lithium-Ion Secondary Battery Technology," Management International Review, Springer, vol. 63(2), pages 347-376, April.
    3. Terrazas-Santamaria Diana & Mendoza-Palacios Saul & Berasaluce-Iza Julen, 2023. "An Alternative Approach to Frequency of Patent Technology Codes: The Case of Renewable Energy Generation," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 17(1), pages 1-14, January.

    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. Jungpyo Lee & So Young Sohn, 2017. "What makes the first forward citation of a patent occur earlier?," Scientometrics, Springer;Akadémiai Kiadó, vol. 113(1), pages 279-298, October.
    2. Leten, Bart & Kelchtermans, Stijn & Belderbos, Ren, 2010. "Internal Basic Research, External Basic Research and the Technological Performance of Pharmaceutical Firms," Working Papers 2010/12, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
    3. 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.
    4. Hain, Daniel S. & Jurowetzki, Roman & Buchmann, Tobias & Wolf, Patrick, 2022. "A text-embedding-based approach to measuring patent-to-patent technological similarity," Technological Forecasting and Social Change, Elsevier, vol. 177(C).
    5. Nils Omland, 2011. "Valuing Patents through Indicators," Chapters, in: Federico Munari & Raffaele Oriani (ed.), The Economic Valuation of Patents, chapter 7, Edward Elgar Publishing.
    6. Sapsalis, Eleftherios & van Pottelsberghe de la Potterie, Bruno & Navon, Ran, 2006. "Academic versus industry patenting: An in-depth analysis of what determines patent value," Research Policy, Elsevier, vol. 35(10), pages 1631-1645, December.
    7. Manuel Acosta & Daniel Coronado & Esther Ferrándiz & Manuel Jiménez, 2022. "Effects of knowledge spillovers between competitors on patent quality: what patent citations reveal about a global duopoly," The Journal of Technology Transfer, Springer, vol. 47(5), pages 1451-1487, October.
    8. 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.
    9. Guderian, Carsten C. & Posth, Jan-Alexander & Grob, Linus, 2023. "Investment decisions and passive portfolio construction utilizing patent analytics: A multi-case study on COVID-19 treatment technologies," The Quarterly Review of Economics and Finance, Elsevier, vol. 92(C), pages 66-87.
    10. Noh, Heeyong & Lee, Sungjoo, 2020. "What constitutes a promising technology in the era of open innovation? An investigation of patent potential from multiple perspectives," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
    11. Nagaoka, Sadao & Motohashi, Kazuyuki & Goto, Akira, 2010. "Patent Statistics as an Innovation Indicator," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 2, chapter 0, pages 1083-1127, Elsevier.
    12. Inchae Park & Yujin Jeong & Byungun Yoon, 2017. "Analyzing the value of technology based on the differences of patent citations between applicants and examiners," Scientometrics, Springer;Akadémiai Kiadó, vol. 111(2), pages 665-691, May.
    13. Boeing, Philipp & Mueller, Elisabeth, 2019. "Measuring China's patent quality: Development and validation of ISR indices," China Economic Review, Elsevier, vol. 57(C).
    14. Antonio Messeni Petruzzelli & Daniele Rotolo & Vito Albino, 2014. "Determinants of Patent Citations in Biotechnology: An Analysis of Patent Influence Across the Industrial and Organizational Boundaries," SPRU Working Paper Series 2014-05, SPRU - Science Policy Research Unit, University of Sussex Business School.
    15. von Wartburg, Iwan & Teichert, Thorsten & Rost, Katja, 2005. "Inventive progress measured by multi-stage patent citation analysis," Research Policy, Elsevier, vol. 34(10), pages 1591-1607, December.
    16. Wang, Fang, 2024. "Does the recombination of distant scientific knowledge generate valuable inventions? An analysis of pharmaceutical patents," Technovation, Elsevier, vol. 130(C).
    17. Acosta, Manuel & Coronado, Daniel & Toribio, Mª Rosario, 2011. "The use of scientific knowledge by Spanish agrifood firms," Food Policy, Elsevier, vol. 36(4), pages 507-516, August.
    18. Way-Ren Huang & Chia-Jen Hsieh & Ke-Chiun Chang & Yen-Jo Kiang & Chien-Chung Yuan & Woei-Chyn Chu, 2017. "Network characteristics and patent value—Evidence from the Light-Emitting Diode industry," PLOS ONE, Public Library of Science, vol. 12(8), pages 1-14, August.
    19. Hsin-Ning Su & Carey Ming-Li Chen & Pei-Chun Lee, 2012. "Patent litigation precaution method: analyzing characteristics of US litigated and non-litigated patents from 1976 to 2010," Scientometrics, Springer;Akadémiai Kiadó, vol. 92(1), pages 181-195, July.
    20. Leten, Bart & Landoni, Paolo & Van Looy, Bart, 2014. "Science or graduates: How do firms benefit from the proximity of universities?," Research Policy, Elsevier, vol. 43(8), pages 1398-1412.

    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:wsi:ijitmx:v:16:y:2019:i:02:n:s0219877019500408. 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: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ijitm/ijitm.shtml .

    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.