Abstract

http://ssrn.com/abstract=997869
 
 

References (23)



 
 

Citations (5)



 


 



Selling Ideas: The Determinants of Patent Value in an Auction Environment


Daniel K. N. Johnson


Colorado College - Department of Economics and Business

Katherine A. Sneed


Colorado College - Department of Economics and Business

2007

Colorado College Working Paper No. 2007-05

Abstract:     
Although previous empirical studies have found relationships between patent characteristics and value, none have determined how specific attributes relate to auction value or even the probability of a successful auction sale. Using a Heckman two-step model, we regress thirteen independent variables against unique patent auction data, finding that publicly-owned and frequently referenced patents are more valuable, and that other things equal, there is an optimal time to offer a patent up for auction.

Number of Pages in PDF File: 19

Keywords: auction, patent, citation, valuation

JEL Classification: O31, O32, O33, O34

working papers series


Download This Paper

Date posted: July 7, 2007  

Suggested Citation

Johnson, Daniel K. N. and Sneed, Katherine A., Selling Ideas: The Determinants of Patent Value in an Auction Environment (2007). Colorado College Working Paper No. 2007-05. Available at SSRN: http://ssrn.com/abstract=997869 or http://dx.doi.org/10.2139/ssrn.997869

Contact Information

Daniel Kent Neil Johnson (Contact Author)
Colorado College - Department of Economics and Business ( email )
Colorado Springs, CO 80903
United States
719-389-6654 (Phone)
719-389-6927 (Fax)
HOME PAGE: http://faculty1.coloradocollege.edu/~djohnson
Katherine A. Sneed
Colorado College - Department of Economics and Business ( email )
Colorado Springs, CO 80903
United States
Feedback to SSRN


Paper statistics
Abstract Views: 1,398
Downloads: 272
Download Rank: 60,514
References:  23
Citations:  5
Paper comments
No comments have been made on this paper

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo3 in 0.562 seconds