Title
A combinatorial optimization model for enterprise patent transfer.
Abstract
Enterprises need patent transfer strategies to improve their technology management. This paper proposes a combinatorial optimization model that is based on intelligent computing to support enterprises’ decision making in developing patent transfer strategy. The model adopts the Black–Scholes Option Pricing Model and Arbitrage Pricing Theory to estimate a patent’s value. Based on the estimation, a hybrid genetic algorithm is applied that combines genetic algorithms and greedy strategy for the optimization purpose. Encode repairing and a single-point crossover are applied as well. To validate this proposed model, a case study is conducted. The results indicate that the proposed model is effective for achieving optimal solutions. The combinatorial optimization model can help enterprise promote their benefits from patent sale and support the decision making process when enterprises develop patent transfer strategies.
Year
DOI
Venue
2015
10.1007/s10799-014-0207-z
Information Technology and Management
Keywords
Field
DocType
Optimization model, Knapsack problem 01, Black–Scholes Option Pricing Model, Arbitrage Pricing Theory, Genetic algorithms, Greedy strategy, Patent transfer
ENCODE,Crossover,Computer science,Combinatorial optimization,Black–Scholes model,Arbitrage pricing theory,Genetic algorithm,Technology management,Decision-making,Marketing
Journal
Volume
Issue
ISSN
16
4
1573-7667
Citations 
PageRank 
References 
2
0.41
28
Authors
4
Name
Order
Citations
PageRank
Yi Xie120.41
Josu Takala2356.83
Yang Liu3598.09
Yong Chen45212.67