Patent Value Characterization -- An Empirical Analysis of Elevator Industry Patents
This provides insights into patent trends for stakeholders in the elevator industry, but it is incremental as it applies existing analysis methods to a specific domain.
The paper analyzed patent value in the elevator industry, finding that global patent applications have grown for eight consecutive years, with emerging markets like China and India becoming key contributors.
The global patent application count has steadily increased, achieving eight consecutive years of growth.The global patent industry has shown a general trend of expansion. This is attributed to the increasing innovation activities, particularly in the fields of technology, healthcare, and biotechnology. Some emerging market countries, such as China and India, have experienced significant growth in the patent domain, becoming important participants in global patent activities.