MEASURING PATENT NOVELTY USING NATURAL LANGUAGE PROCESSING

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    Abstract

    This paper develops a novelty measure for patents. We devise a text-based novelty measure using natural language processing (NLP) techniques. The proposed method is applied on patents that belong to a common category, which represents a subset of patents under a specific patent class. We then extract the novelty-value profile of those patents and discuss a use case for product design and development (i.e., extracting patent novelty and predicting inventive value).

    Original languageEnglish
    Pages (from-to)2605-2614
    Number of pages10
    JournalProceedings of the Design Society
    Volume3
    DOIs
    StatePublished - 2023
    Event24th International Conference on Engineering Design, ICED 2023 - Bordeaux, France
    Duration: 24 Jul 202328 Jul 2023

    Keywords

    • Machine learning
    • New product development
    • Open source design

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