Abstract
Using a unique dataset of patent assignment from the National Intellectual Property Administration, we attempt to provide a full picture of the markets for technology, including general trends, characteristics of participating actors, and features of traded patents. Our research has uncovered several findings. First, patent trade has experienced a notable increase in markets for technology during our observation, and the total ratio of trade patents is about 11%. Second, the proportion of traded patents is different among various types of sellers, but enterprises sell and buy the most patents, accounting for more than 77% and 93%, respectively. Third, the geographic distance relationships between sellers and buyers are diffused gradually with the increase of patent inputs and outputs per province, and a new balance is reached concerning the geographic distribution of traded patents among different provinces. Fourth, the average age of sold patents is 6.8 years, but more than 50% patents are sold out within 6 years.
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Du, H., She, M., Hu, R. (2021). Insights into Markets for Technology in China: Evidence from Patent Trades. In: Meng, H., Lei, T., Li, M., Li, K., Xiong, N., Wang, L. (eds) Advances in Natural Computation, Fuzzy Systems and Knowledge Discovery. ICNC-FSKD 2020. Lecture Notes on Data Engineering and Communications Technologies, vol 88. Springer, Cham. https://doi.org/10.1007/978-3-030-70665-4_10
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DOI: https://doi.org/10.1007/978-3-030-70665-4_10
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