An innovation indicator is a quantitative measure for technological innovation.
Cites per patent (CPP) is a mean value of citations received by a specific patent class from subsequent patents. High CPP value is often associated with important innovations,which are key to future development in technology innovations.
Patent Impact Index (PII) is the CPP for a specific patent class divided by the CPP for all classes. A class with PII higher than 1 means that this class consists of high qualitypatents for competitiveness in technology innovations compare to other classes.
Patent Family Size (PFS) is the number of international families (foreign patentapplications) for a specific patent class divided by the total number patents for all classes. A class with high value of PFS means that this class may have be competitive in marketshare of emerging global market compare to other classes.
Activity Index (AI) is a measure of a company’s innovation activities in a specific technology field.
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