INNOVATION & INVENTION: patent growth in China...INNOVATION & INVENTION: patent growth in China...
Transcript of INNOVATION & INVENTION: patent growth in China...INNOVATION & INVENTION: patent growth in China...
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INNOVATION & INVENTION: patent growth in China
Stacy OlkowskiSenior Product Manager
Thomson Reuters
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AGENDA
• Patents are cool
• Global trends
• Defining APAC
• China growth
• A quick example
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PatentsIncredibly illuminating data points.
Claims are
like recipes
in a
cookbook
The magic
number:
70%
Analysis of
fielded data
for insight.
Data mining
is like a
crystal ball.
Extremely valuable technical information.
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Patents are more than just technical documents
Story + Visualizations =
Trends & Insight
Content =
something to investigate
Search + Data =
beginning of a story
Content + Analysis =
interesting story
Insight =
answer market & business questions
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Since 1970 . . . Global growth in IP
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1970 1975 1980 1985 1990 1995 2000 2005 2010
Num
be
r o
f B
asic
s
The number of records doubled from 2000 - 2010
1,431,602
DWPI Basic Volumes 1970 - 2010
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Defining Asia Pacific . . . in terms of patent data
China
Republic of
Korea
India
Singapore
Philippines
Taiwan
Australia
New
Zealand
Japan
Vietnam
Malaysia
Thailand:
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1984
#1st
Who
really
benefits?
12.5%
Innovation in China: fears, challenges, stats
Playing
catch-up
Worth the
expense?
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Quality vs. quantity: grants and applications
China is #1 for patent applications
1 Output
Patent subsidies help
2 Enticing innovation
Approximately 40% become granted patents
3 Quality
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Quantity: domestic vs foreign applicants –subsidy began in 2003
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QUICK ANALYSIS: a Chinese application about the “Medical Uses of Chewing Gum”
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We expand . . . And gather all of the forward citations of the app
and corresponding family.
Start with a
highly-cited
Chinese
application:
CN1330516A
We find an interesting Chinese app. . .
What’s the market for this like?
Is there competition in this space?
Who might want to license?
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By analyzing the forward citations, we find others interested in this invention.
Facts:
Wrigley’s initial application WO2000035298: published in 2000
Cited 139 times
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There is a lot of recent interest in this invention.
13
74% of citations to this application are from the last 4 years
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Who is interested in this Mars Wrigley invention?
Pfizer accounts for almost half of the citations, followed by Cadbury.
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Why is “Big Pharma” citing “Big Gum”?
• We see that this gum is for medical use so it makes sense that Pfizer, a large pharmaceutical, shows interest.
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On this landscape map, we find activities of both pharmaceutical and candy companies
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But let’s go a bit broader . . what is the landscape like for “chewing gum with medical indications”?
For this we do a classification search:
We find
12,270 records
2772 INPADOC families
3581 DWPI families
= Lots of activity, many filings in multiple countries
Top companies:
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Potential Global Market for Medical Gum
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TOWARD THE FUTURE . . . • Growth will
continue
• Quality will improve
• Expansion is next
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QUESTIONS?
THANK YOU!