Title
Technological novelty profile and invention's future impact
Abstract
We consider inventions as novel combinations of existing technological capabilities. Patent data allow us to explicitly identify such combinatorial processes in invention activities (Youn et al. in J R Soc Interface 12:20150272, 2015). Unconsidered in the previous research, not every new combination is novel to the same extent. Some combinations are naturally anticipated based on patent activities in the past or mere random choices, and some appear to deviate exceptionally from existing invention pathways. We calculate a relative likelihood that each pair of classification codes is put together at random, and a deviation from the empirical observation so as to assess the overall novelty (or conventionality) that the patent brings forth at each year. An invention is considered as unconventional if a pair of codes therein is unlikely to be used together given the statistics in the past. Temporal evolution of the distribution indicates that the patenting activities become more conventional with occasional cross-over combinations. Our analyses show that patents introducing novelty on top of the conventional units would receive higher citations, and hence have higher impact.
Year
DOI
Venue
2016
10.1140/epjds/s13688-016-0069-1
EPJ Data Sci.
Keywords
Field
DocType
invention, patent, patent citation, co-occurrence, standard score, technology code, technological novelty
Data science,Computer science,Patent citation,Standard score,Co-occurrence,Novelty,Invention
Journal
Volume
Issue
ISSN
5
1
2193-1127
Citations 
PageRank 
References 
2
0.38
15
Authors
4
Name
Order
Citations
PageRank
daniel kim120.72
daniel burkhardt cerigo220.38
Hawoong Jeong3988190.47
HyeJin Youn472.30