What does this analysis do?
The analysis maps standard properties of a patent pool.
How does it work?
Every property is backed up with a list of synonyms. The software extracts which properties are described most in the patent text and which properties have not yet been explored. Note that only English words are used for analyzing purposes. Patents using non-English texts will have very low hit rates. This analysis can also search in the vicinity of other words, helping to optimize your results.
How to operate the results?
You can click on each property to get the full patent data underlying it.
What does it tell me?
This analysis can help you to complete the fourth step in the AULIVE Methodology, the DNA variation. The plot shows the current properties of your patent pool and the potential for variation still left open.
Variation of the properties of your system can lead to value creation based on the addition of new or improved functionalities.
Doing the same analysis on different pools and overlaying them (e.g. by exporting to Excel) gives the possibility to compare the evolution of the two patent pools. This can be useful if you want to compare the degree of innovation of 2 companies that work on the same topic.
What is the difference between Nominal and Relative?
For each property in evolutionary potential, we have a list of words (e.g. Fragmentation: break,powder,section,…). We check how many patents in the patent pool have these words, this is the Nominal value (Count). This gives us an indication of how many patents are related to the property in the patent pool.
To calculate the Relative value (Weight), we divide the Count with how many patents also have these words in the total patent database.
Weight = Count/GlobalCount
This give us a better indication of what the potential is for the property (e.g. Fragmentation) in your patent pool. How lower the weight, how higher the potential of innovation. The white space in the visualization indicates the innovation potential.
We have a pool of 1000 patents.
In this pool, we have 100 patents which are referring to Fragmentation (= contains the words break, powder, section, …)
In the global patent db, 10000 patents are referring to Fragmentation.
Weight = 100/10000 = 0.01
This weight is showed in the visualization (Normalized between min and max of all the counts of the terms).
List of properties
- Liquid to foam
- Liquid to spray
- Senses (smell, sound, taste, touch, see)