Capturing the real value of patent analysis for R&D strategies Articles uri icon



publication date

  • September 2013

start page

  • 971

end page

  • 986


  • 25

International Standard Serial Number (ISSN)

  • 0953-7325

Electronic International Standard Serial Number (EISSN)

  • 1465-3990


  • Patent information can be used for strategic planning purposes. Conventional patent analysis has commonly focused on factual information and, in particular, on information extraction, visualisation and interpretation. Less scholarly attention has been devoted to the strategic role of an integrated system of patent intelligence in supporting decision-making in R&D investments. Our paper addresses this gap and explores how patent analysis may benefit those firms that intend capturing the beneficial effects of Open Innovation. We also critically discuss the intrinsic limits of both patent information and patent analysis, which should be taken into account by systems of patent intelligence.