What does this analysis do?
The Patent Value analysis helps you to quickly screen a pool of patents that is too large to screen manually. It will find the most important and valuable patents, allowing you to quickly get information on what is happening in your selected domain.
How does it work?
All patents are scored based on 3 criteria: amount of forward citations, recency and family size. That score is then translated to a graphical view for interpretation. Only the top 1000 patents are shown in larger data-sets. On smaller data-sets, all patents are shown in the scored order.
How to interpret the results?
The graphical visualization combines all data necessary to facilitate your judgment. In general, the further away from the origin of the axes, the more valuable the patent is based on the scoring parameters. However, we left some room for interpretation. If, according to you, only the amount of forward citations is important, you can choose to take only that factor into account. Then, the graph should be interpreted as “higher is better”. If you only want to factor in the amount of family members, you should only look at the size of the dot.
What does it tell me?
The Patent Value analysis helps you to find the most valuable patents in a patent pool. It does so by taking into account the amount of forward citations, the size of the patent family and the recency of publication. This analysis is a very powerful tool that allows you to quickly screen large data pools and rapidly develop good insight into a topic.