Affiliation:
1. China Jiliang University
2. Bin He Syney Elevator (Hangzhou) Co., Ltd
Abstract
Abstract
Accurately identifying high-value patents can be difficult with the dramatic increase in the number of patent applications. This leads to a low rate of commercialization of patent achievements. Whether a patent is transferred or not is an important reflection of the value of the patent. In order to solve above problems, we proposed a high-value patent identification model that combines hybrid sampling technology and ensemble learning algorithm. First, we add technical capacity of patentees based on traditional high-value patent identification indicators to reconstruct the indicator system. Then we reduce the identification indicator system for high-value patents to eliminate redundant indicators. Second, we use Adaptive Synthetic Sampling - Local Outlier Factor (ADASYN-LOF) to expand minority samples to balance the data. Finally, we use Genetic Algorithm (GA) to optimise the parameters of AdaBoost. For clarity, this model is called the ADASYN-LOF-GA-AdaBoost model. To test the effectiveness of above model, we use patent data in field of scientific instruments. The results demonstrate that the proposed model achieves ACC of 94.47%, AUC of 94.87%, recall of 97.54%, and F1-score of 95.23%. The results show that ADASYN-LOF-GA-AdaBoost model performs better than other models. Therefore, this model can effectively identify high-value patents with transfer potential.
Publisher
Research Square Platform LLC
Reference37 articles.
1. Chang KC, Hao J, Chen C et al (2014) The relationships between the patent deployment strategy and patent value[C]//Proceedings of PICMET'14 Conference: Portland International Center for Management of Engineering and Technology; Infrastructure and Service Integration. IEEE, : 1336–1340
2. Chiu CC, Su HN (2015) What is the value of internationalized patent? [C]//2015 Portland International Conference on Management of Engineering and Technology (PICMET). IEEE, : 1061–1070
3. A preemptive power to offensive patent litigation strategy: Value creation, transaction costs and organizational slack[J];Chen YM;J Bus Res,2016
4. Buyers in the patent auction market: Opening the black box of patent acquisitions by non-practicing entities[J];Caviggioli F;Technol Forecast Soc Chang,2016
5. Software patents and firm value: A real options perspective on the role of innovation orientation and environmental uncertainty[J];Chung S;Inform Syst Res,2019