Search arXiv⌕ Search
Home/Archive/arXiv

arXiv · 2208.07222

Assessing the Impact of Patent Attributes on the Value of Discrete and Complex Innovations

Mohd Shadab Danish·Pritam Ranjan·Ruchi Sharma
View original source ↗Read source document ↗Export metadata ↓

Abstract

This study assesses the degree to which the social value of patents can be connected to the private value of patents across discrete and complex innovation. The underlying theory suggests that the social value of cumulative patents is less related to the private value of patents. We use the patents applied between 1995 to 2002 and granted on or before December 2018 from the Indian Patent Office (IPO). Here the patent renewal information is utilized as a proxy for the private value of the patent. We have used a variety of logit regression model for the impact assessment analysis. The results reveal that the technology classification (i.e., discrete versus complex innovations) plays an important role in patent value assessment, and some technologies are significantly different than the others even within the two broader classifications. Moreover, the non-resident patents in India are more likely to have a higher value than the resident patents. According to the conclusions of this study, only a few technologies from the discrete and complex innovation categories have some private value. There is no evidence that patent social value indicators are less useful in complicated technical classes than in discrete ones.

Explore related subjects

econ.GNq-fin.EC

Keep this discovery

Explore connections, maps & timelines

BibTeXRIS

Mohd Shadab Danish, Pritam Ranjan, Ruchi Sharma. 2022-08-10. Assessing the Impact of Patent Attributes on the Value of Discrete and Complex Innovations. https://doi.org/10.1142/s1363919622500165

Cite the original work for its findings. Save a collection to share your selection of sources.

KEEP EXPLORING

Related papers

arXiv2026

Local Media and the Shaping of Social Norms: Evidence from the Ebola outbreak

Media's influence on norms and behavior is widely recognized. Less is known about the role played by media being local. I examine this in a high-stakes context, the Ebola outbreak in Guinea. I exploit quasi-random variation in access to radio and the timing of a public-health campaign aired on community radio. I find that 12-17% of Ebola cases could have been prevented if places with access to a neighboring community radio station had instead had their own. Impacts are driven by radio being local rather than by ethno-linguistic belonging. Local media facilitates coordination in behaviors observed and sanctioned locally.

econ.GN↗
arXiv2026

Productivity Shocks and Input Misallocation: A Decomposition

This paper asks how much input misallocation productivity uncertainty generates and at which stage of input decisions it arises. I separate revenue productivity by when each component is revealed and trace each into the gap between an input's marginal revenue product and its price. In six European countries, shocks revealed after an input is committed account for 20 percent of capital gap dispersion and 5 percent of labor gap dispersion. An unanticipated one percent rise in productivity raises the capital gap by 0.92 percent and the labor gap by 0.19 percent, because most of the shock passes into the wage.

econ.GN↗
arXiv2026

When Do Type-Specific Wages Buffer Distributional Incidence in TANK?

When do relative wages buffer the unequal incidence of aggregate shocks? I derive a consumption-gap decomposition and a present-value condition for partial offset in a TANK model. An extension separates wage-setting demand elasticity from substitution between labor segments and allows each segment to contain both financial types. With a zero inherited wage gap and a same-sign discounted wedge, substitution above one gives offsetting earnings reallocation; substitution below one gives amplification. The channel disappears when financial types have identical segment exposure. Numerical experiments assess these mechanisms, shock persistence, policy feedback, and aggregate-IRF matching. In the nested perfect-alignment monetary benchmark, the peak consumption gap is about two-fifths smaller under type-specific wages than under the common-wage closure. These are conditional model comparisons, not empirical effect estimates or welfare rankings.

econ.GN↗