Sustainable Technology Innovation Path Recognition: An Evaluation on Patent Risk of International Trade

Ben Zhang, Lei Ma, Zheng Liu, Ping Wang

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    Abstract

    Patent protection is a critical aspect of sustainable technology innovation, which is currently facing the challenge of patent risk. This study aimed to help enterprises prevent and avoid patent risk in a global view of technology innovation, and to propose a systematic evaluation model for patent risk. By combining the entropy method with the analytic hierarchy process (AHP), this
    study constructed an analytic hierarchy model of patent risk. Some indexes in the model were selected based on the summary of prior literature, and other indexes were selected according to
    experts’ communication, which helped us to generalize the patent risk as comprehensively as possible. The AHP evaluation results determined the weight and relative materiality for each risk
    factor, which were contained in a criteria layer and a sub-criteria layer. The entropy method integrated the evaluation weights of different experts’ opinions. By dividing the risk factors into
    three categories, namely “high”, “medium”, or “low”, according to the priority degree, the risk priority ranking was obtained. Suggestions are discussed regarding support for enterprises in
    dealing with patent risk that may occur during international trade or other commercial activities.
    Original languageEnglish
    JournalSustainability
    Volume11
    Issue number18
    DOIs
    Publication statusPublished - 12 Sept 2019

    Keywords

    • sustainable technology innovation
    • patent risk
    • analytic hierarchy process
    • entropy method
    • international trade

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