Research Article
Research on the Relationship Between Patent Commonality and Firm Performance
@INPROCEEDINGS{10.4108/eai.17-6-2022.2322620, author={Jie Cen and Wan Wang}, title={Research on the Relationship Between Patent Commonality and Firm Performance}, proceedings={Proceedings of the International Conference on Information Economy, Data Modeling and Cloud Computing, ICIDC 2022, 17-19 June 2022, Qingdao, China}, publisher={EAI}, proceedings_a={ICIDC}, year={2022}, month={10}, keywords={patent commonality firm performance academic background}, doi={10.4108/eai.17-6-2022.2322620} }- Jie Cen
Wan Wang
Year: 2022
Research on the Relationship Between Patent Commonality and Firm Performance
ICIDC
EAI
DOI: 10.4108/eai.17-6-2022.2322620
Abstract
In the face of such a vast treasure house of patent information, many scholars have measured the characteristics of corporate patents from different angles, but these characteristics often focus on enterprises or individual technology systems, ignoring the industrial technology knowledge system as a whole, and ignoring the important dimension of "patent commonality". It can be said that improving the commonality of patented technological innovation and improving the quality of patented technology is a long-term driving force for economic development and social progress, and undertakes the historical mission of high-quality national development. Therefore, starting from the important dimension of patent commonality, this paper conducts an empirical analysis of the relationship between patent commonality and enterprise performance of 335 listed companies from 2009 to 2019, and examines the mechanism of differential influence of different patent characteristics on enterprise performance. The results of the study find that: (1) patent commonality is an inverted U-shaped relationship between firm performance; and (2) academic background plays a positive role in regulating patent commonality and firm performance.