Is using Technological Cycle Time (TCT) an acceptable way to evaluate the vitality of an industry? If a firm was looking into expanding their core R&D competencies would an industry with a faster growth rate attract them? Rapid growth in an industry is like a forrest full of deer. Easy hunting and big rewards. On the other hand, stagnation can occur within a sector when serious technological hurdles start to slow the pace of development. In that situation, technological breakthroughs are needed in order to pave the way for continued growth (Kayal, 1999). According to Kayal’s theories and observations regarding technological progress in the superconductor and semiconductor fields, looking at the TCT for an industrial sector can give you an idea about the pace of technological development taking place. TCT of several IPCs is shown (thin colored lines) below. The overall range is generally between 5-8. All the IPC’s closely…
patent portfolio
IPC, UPC, ECLA, F-index/F-term are all systems of patent classification. Patent classification is important to organize the granted patents into categories so patent portfolio managers and strategic firm managers can search them as prior art, and for strategic purposes. Concordance tables can help to compare one system to another. In all cases, class is determined by the patent examiner, not chosen by the company. IPC (International Patent Classification System) – 70,000 divisions of the IPC, which is the native patent classification system of the World Intellectual Property Organization (WIPO). IPC’s most general classification system consists of a letter (having 8 general classes in total), with A being human necessities. G & H are the most important and numerous high-tech general classifications for physics and electricity respectively. UPC (USPC) (United States Patent Classification System) – The UPC is separate and not directly linked to the syntax of the IPC. …
This presentation was for my MBA class ‘Strategic Management of IP’ at NCHU. In this paper I outline various patent indicators and their uses, along with example charts from the USPTO. This paper covers indicators of activity, value, economy, and pace of technological innovations, as well as using citations, and litigation data as indicators. If you have any questions please email me at: joseph.lee.esl@gmail.com HERE IS A LINK TO THE PPT: https://dl.dropbox.com/u/45852891/Patent%20Indicators%20-%20FINAL.pdf
