The economic value of patent portfolios
Alfonso Gambardella, Dietmar Harhoff, and Bart Verspagen
Patent holders may choose to protect innovations with single patents or to develop portfolios of multiple, related patents. We propose a decision-making model in which patent holders allocate resources to either expanding the number of related patents or investing in higher value of patents in the portfolio.
Patent holders may choose to protect innovations with single patents or to develop portfolios of multiple, related patents. We propose a decision-making model in which patent holders allocate resources to either expanding the number of related patents or investing in higher value of patents in the portfolio.