Do more citations mean better patents?

Fuente: arXiv
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Main Author: de Rassenfosse, Gaetan
Format: Preprint
Published: 2025
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author de Rassenfosse, Gaetan
author_facet de Rassenfosse, Gaetan
contents This article reviews the empirical evidence on the use of patent citations as a proxy for invention importance. It distinguishes between technical merit, private economic value, and social value, and surveys validation studies using expert ratings, market data, renewal records, and compensation reports. The findings confirm that while the count of citations is positively associated with various dimensions of value, it remains a noisy indicator -- correlated but far from definitive.
format Preprint
id arxiv_https___arxiv_org_abs_2508_20503
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Do more citations mean better patents?
de Rassenfosse, Gaetan
General Economics
Economics
This article reviews the empirical evidence on the use of patent citations as a proxy for invention importance. It distinguishes between technical merit, private economic value, and social value, and surveys validation studies using expert ratings, market data, renewal records, and compensation reports. The findings confirm that while the count of citations is positively associated with various dimensions of value, it remains a noisy indicator -- correlated but far from definitive.
title Do more citations mean better patents?
topic General Economics
Economics
url https://arxiv.org/abs/2508.20503