详细信息
企业专利实力指数的构建及与市场价值相关性研究
Study on the Construction of Patent Power Index and Its Market Value Relevance
文献类型:期刊文献
中文题名:企业专利实力指数的构建及与市场价值相关性研究
英文题名:Study on the Construction of Patent Power Index and Its Market Value Relevance
作者:王言[1];鲍新中[1]
第一作者:王言
机构:[1]北京联合大学管理学院
第一机构:北京联合大学管理学院
年份:2016
卷号:35
期号:8
起止页码:122-127
中文期刊名:情报杂志
外文期刊名:Journal of Intelligence
收录:CSTPCD;;国家哲学社会科学学术期刊数据库;北大核心:【北大核心2014】;CSSCI:【CSSCI2014_2016】;
基金:国家社会科学基金项目"基于第三方风险动态监控平台的知识产权质押融资模式研究"(编号:14BGL034);北京市教委市属高校创新能力提升计划项目"北京市知识产权商用化运营机制及政策研究"(编号:PXM2016_014209_000018_00202730_FCG)研究成果之一
语种:中文
中文关键词:专利实力指数;专利质量;中国创业板;格兰杰因果检验;托宾Q值;股票市场表现
外文关键词:patent power index;patent quality;China GEM panel;Granger causality test;Tobin's Q value;stock market performance
摘要:[目的/意义]专利质量对企业自身、对投资人以及其他利益相关者都至关重要,但是关于专利质量与企业价值相关性分析的研究并不多见。[方法/过程]选取了中国创业板上市的100家企业2010-2015年专利指标与企业价值托宾Q值数据,采用面板格兰杰因果检验,研究了专利指标和托宾Q值的关系,并在此基础上选取专利实力指标,建立企业专利实力指数,对企业综合专利实力指数进行了计算,并与这些企业的股票市场表现进行了比较分析。[结果/结论]研究结果表明:企业专利实力指数的高低与其股票的市场表现高度相关。
[ Purpose/Significance] Patent quality is crucial to enterprises themselves, investors and other stakeholders, however, the study of correlation analysis of patent quality and enterprise value is insufficient. [ Method/Process] This paper studies the relationship between patent index and Tobin's Q value data by selecting the patent index and Tobin's Q value data of enterprise value of 100 Chinese GEM listed enterprises and adopting panel Granger causality test, based on which it selects the patent leading index, determines the weight of index by means of analytic hierarchy process, establishes the patent leading index of enterprise, and calculates the general patent leading index of enterprises, and conducts comparative analysis of it and the stock market performance of these enterprises. [ Result/Conclusion ] The study results show that: the patent leading index of enterprise is closely related to the enterprise's stock market performance.
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