Patent Scoring in PatSeer
PatSeer scores a patent family by assessing its competitive, market, legal and technological potential. Patents ranking higher on 360° quality are more likely to be used for assertion, licensing, or litigation.
More than 30 parameters used to benchmark each patent family…
More than 30 parameters used to benchmark each patent family…
Metrics for patent family quality
(360Q)
(CQ)
(MQ)
(LQ)
(DQ)
(360Q)
The 360° score is a custom weighted average of all the 4 contributing scores i.e. citation quality (CQ), market quality (MQ), legal score (LQ) and document score (DQ). Citation and market quality contribute maximum weight to the final score followed by legal and then document.
(CQ)
CQ score indicates the impact of the patent in its technology space. The probability of a record with a higher citation score being used in a company’s offensive strategy or for monetization is higher. The number, recency, type of forward citations, generality rating, and originality rating are some of the parameters that are considered for citation quality.
(MQ)
The MQ score is based on the global market coverage where the patent family is active and so is indicative of the overall market value of the patent. All granted and pending applications that are active and not abandoned are considered in this score. A higher MQ indicates that the invention is well covered and protected across different geographies and so is deemed to be more valuable.
(LQ)
The LQ score indicate the aggressiveness and investments of the company to protect the invention and is also a measure of its perceived threat to the competition. A Family that no longer has any alive members will receive a score of 0. Some of the other factors included in this score are remaining life, oppositions, litigations, re-examinations and NPE ownership.
(DQ)
The DQ score is the intrinsic quality indicator of the patent and is based on its technical and structural content. A likelihood of a patent with higher DQ indicates innovation quotient and the capabilities of the company to innovate. Science linkage, technological scope, claim length, and standard declarations are some of the parameters included in this metric.
You asked, we listened.
Scores in PatSeer incorporate both age and classification normalisations. We do that because we know you don’t want to compare apples and oranges on the same reference scale
Metrics for portfolio quality
Portfolio Quality Index
It is the 90th percentile score value across 360º scores for all the portfolio families. Patents in the 90th percentile reflect the portfolio’s most valuable patents as 10% of top patents hold 90% of its value in a company’s portfolio.
Portfolio Value Index
The IP portfolio value index is the sum of the 360Q scores of all the families in the portfolio. Larger portfolios tend to have higher portfolio value. The score is especially useful for tracking portfolio quality over time.
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