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Profitability decided by patent quality? An empirical study of the U.S. semiconductor industry

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Abstract

The investment in research and development (R&D) for semiconductor industry is never small as the technology cycle time (TCT) is relatively short comparing to other industries, thus a semiconductor company requires lots of technological innovations and capital offerings to maintain. The semiconductor industry contributes primarily part of the micro-electronic industries. Advancing technology and patent application are the centre of attention within the semiconductor sector. This research examines the relationship between patent quality and the profits a patent creates for a company in this selected field. This study distinguishes itself from prior research by including cross-sectional data, time series data to simultaneously collect and analyze. The study result shows that some indicators of patent quality are statistically significant to return on assets.

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Correspondence to Shih-Chieh Chuang.

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Cheng, YH., Kuan, FY., Chuang, SC. et al. Profitability decided by patent quality? An empirical study of the U.S. semiconductor industry. Scientometrics 82, 175–183 (2010). https://doi.org/10.1007/s11192-009-0080-4

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  • DOI: https://doi.org/10.1007/s11192-009-0080-4

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