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Luojia Economic Forum-No.85
Date:2024-05-24

Topic: Patent value and the use of citations: New evidence from China issued patents


Speaker: Shi Dongbo, Shanghai Jiao Tong University


Time: May 30, 2024, 16:00


Venue: EMS 440


Abstract: This paper seeks to lay the groundwork for future research using citation data from patents issued by the China National Intellectual Property Administration (CNIPA). We comprehensively review the citation practices of CNIPA and build the first citation dataset from the documents of CNIPA-granted patents. Our dataset includes both examiner and applicant citations. Technical validation shows that the accuracy of our dataset is over 95 percent, making it reliable for academic studies. We find that the number of forward citations is significantly and positively associated with patent value. We also find applicant citations are stronger predictors of patent value. We provide recommendations for best practices using the CNIPA citation data and make the dataset publicly available for future research.


Guest Bio: Shi Dongbo is an associate professor at the School of International and Public Affairs, Shanghai Jiao Tong University, a researcher at the Institute of Smart Courts, Shanghai Jiao Tong University, a Shanghai Morning Scholar, and a visiting researcher at the National University of Singapore. Shi Dongbo is an applied economist focused on innovation issues, with research interests in two main areas: the high-skilled labor market represented by scientists and inventors and related incentive issues, and the impact of institutions on firm entry and industrial layout. His research has been published in journals such as Science, Regional Science and Urban Economics, and Journal of Informetrics. He obtained his Bachelor of Science degree from Tsinghua University in 2011 and his Doctorate in Management from the same university in 2016. He was a visiting scholar at the Belfer Center for Science and International Affairs at Harvard University's Kennedy School. To disseminate and popularize the research findings of innovation economics through multiple channels and promote the industrialization of academic research, his laboratory operates the WeChat public account "Schumpeter's Kitchen.".