4.5 Article

The log-linear relation between patent citations and patent value

Journal

SCIENTOMETRICS
Volume 110, Issue 2, Pages 879-892

Publisher

SPRINGER
DOI: 10.1007/s11192-016-2208-7

Keywords

Patent citations; Patent value; Patent renewal; Tobin's Q

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This paper reports the results of an analysis of patent citation and patent renewal data, advancing a log-linear relation between patent citations and patent value. A complementary analysis of firms' patent portfolios confirms that modelling the relation between citations and firm value benefits from the adoption of the log-linear form.

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