The Journal of Intellectual Property (J Intellect Property; JIP)
KCI Indexed
OPEN ACCESS, PEER REVIEWED
pISSN 1975-5945
eISSN 2733-8487
Menu
Citation: Lee J et al. 2024. Qualitative factors of patents affecting technology commercialization in 2020: An analysis of U.S. registered patents. The Journal of Intellectual Property 19(3), 111-129.
DOI: https://doi.org/10.34122/jip.2024.19.3.6
The Journal of Intellectual Property, 2024 September, 19(3): 111-129.
Received on 2 May 2024, Revised on 28 May 2024, Accepted on 3 September 2024, Published on 30 September 2024.
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
*Corresponding Author: Myoungsun Jeong (jmsun99@daum.net)
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
The author received manuscript fees for this article from Korea Institute of Intellectual Property.
No potential conflict of interest relevant to this article was reported.