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 language | English |
|---|---|
| Pages (from-to) | 2605-2614 |
| Number of pages | 10 |
| Journal | Proceedings of the Design Society |
| Volume | 3 |
| DOIs | |
| State | Published - 2023 |
| Event | 24th International Conference on Engineering Design, ICED 2023 - Bordeaux, France Duration: 24 Jul 2023 → 28 Jul 2023 |
Keywords
- Machine learning
- New product development
- Open source design
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