Research on Pricing of High-value Patent Mining in Equipment R&D

Abstract

This paper focuses on the structural system of mining factors for high-value patents in equipment R&D. According to the characteristics of high-value patents in equipment R&D, this paper starts from five primary influencing factors including military, economy, technology, law and efficiency to establish 14 secondary influencing factors including national defense classification, use yield, innovation, examination and approval system and efficiency. In addition, these 14 secondary influencing factors are explained in detail, and an improved real option model is constructed to evaluate high-value patents.