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Saturday, 18 March 2017

An empirical study on objectives and outcomes of university patents based on the accelerated examination of patent applications in Japan

Author
Daisuke Kanama

Abstract: This paper describes an empirical study of the outcomes of university patents by focusing on the accelerated examination of patent applications. Universities have specific objectives when filing patents using the accelerated patent examination system. Therefore, it is easy to identify the objective of patenting in the case of accelerated patents. The qualitative indicators used in this study show a greater acceptance rate for accelerated patents than for ordinary patents. This finding confirms the assumption that accelerated patents are highly important for the applying universities. The empirical analysis found a positive correlation between the number of objectives and the accelerated patent ratio. The more objectives there are, the stronger is the incentive for achieving them, and the benefits are expected to outweigh the necessary cost. The outcome is measured in terms of technological realisation and license income per patent. The analysis also found that both technological realisation and license income have a positive correlation with the number of objectives.
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