Changes in a firm’s backward-dispersion patent-citation score are a useful, non-financial indicator of patent value that is positively-related to Tobin’s q. V-scores, which analyze content patterns between patents’ technological-class codes and those of their antecedents, provide contemporaneous information for investors to assess firms’ economic prospects that is more time-sensitive than forward-looking information such as forward citations. V-score analysis offers useful insights about the nature of post-acquisition learning within technologically-tumultuous industries like media-services.

Patent value and the Tobin’s q ratio in media services

DI GUARDO, MARIA CHIARA;MARKU, ELONA
2018-01-01

Abstract

Changes in a firm’s backward-dispersion patent-citation score are a useful, non-financial indicator of patent value that is positively-related to Tobin’s q. V-scores, which analyze content patterns between patents’ technological-class codes and those of their antecedents, provide contemporaneous information for investors to assess firms’ economic prospects that is more time-sensitive than forward-looking information such as forward citations. V-score analysis offers useful insights about the nature of post-acquisition learning within technologically-tumultuous industries like media-services.
2018
Backward citations; Innovation; Patent scores; Radical invention; Tobin’s q; Business and International Management; Accounting; Engineering (all)
File in questo prodotto:
File Dimensione Formato  
Harrigan2018_Article_PatentValueAndTheTobinSQRatioI.pdf

Solo gestori archivio

Tipologia: versione editoriale (VoR)
Dimensione 411.93 kB
Formato Adobe PDF
411.93 kB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11584/212901
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 18
  • ???jsp.display-item.citation.isi??? 15
social impact