Journal of Intellectual Property (J Intellect Property; JIP)
KCI Indexed
OPEN ACCESS, PEER REVIEWED
pISSN 1975-5945
eISSN 2733-8487
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Jaeheon Lee1
, Heejung Kong2, Myoungsun Jeong3*
1Professor, Intellectual Property Convergence Study, Jeju National University, Republic of Korea
2Professor, Master of Intellectual Property, Dongguk University, Republic of Korea
3Professor, Intellectual Property Convergence Study, Jeonbuk National University, Republic of Korea
Correspondence to Myoungsun Jeong, E-mail: jmsun99@daum.net
Volume 19, Number 3, Pages 111-129, September 2024.
Journal of Intellectual Property 2024;19(3):111-129. https://doi.org/10.34122/jip.2024.19.3.6
Received on May 02, 2024, Revised on May 28, 2024, Accepted on September 03, 2024, Published on September 30, 2024.
Copyright © 2024 Korea Institute of Intellectual Property.
This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives (https://creativecommons.org/licenses/by-nc-nd/4.0/) which permits use, distribution and reproduction in any medium, provided that the article is properly cited, the use is non-commercial and no modifications or adaptations are made.
The efficiency of government-funded R&D support in South Korea appears to be in need of improvement. The amount of patent transfers and total technology royalty income has decreased drastically.
In this study, we analyzed the qualitative factors of patents influencing technology commercialization performance. We focused on 883 U.S. granted patents facilitated by government-funded R&D in 2020. The factors used include the SMART5 score, the number of citations, and the number of family patents. Results reveal that the SMART grade has a statistically significant impact, whereas the number of citations and family patents do not.
This study contributes to the literature as we empirically examine as variables, the qualitative attributes of those patents that generated royalties. This is in combination with the factors influencing technology commercialization performance already identified in extant research.
National R&D Program, Qualitative indicator, SMART5, Technology Commercialization, Family patent
No potential conflict of interest relevant to this article was reported.
The author received manuscript fees for this article from Korea Institute of Intellectual Property.