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Data Analysis of Railway Industry Patents

Published: 27 October 2018 Publication History

Abstract

In this paper, we analyze patents of railway industry in international patent database produced by the European Patent Office from year 2013 to 2017. Based on statistics of patent records in database, we build Auto-Regressive-Moving-Average (ARMA) models to predict the number of different types of patents in railway industry, the analysis results show that high prediction accuracy can be obtained. Furthermore, we propose a patent value evaluation scheme to evaluate patent values in railway industry. Through our work, the hot research spots, technology trajectories and development tendency of patents in railway industry can be adequately understood.

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https://worldwide.espacenet.com/classification. International patent database produced by the European Patent Office.
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Tianqi, Ma. and Xing, Zhao. 2018. Research on the connotation and controlling factors of high value patent. China Invention and Patent, 15, 3 (March, 2018), 24--28.
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Zhimin, Xie., Xiaobo, Fan., and Qianling, Guo. 2018. An comparative study on the effectiveness of patent value evaluation tools. Journal of Modern Information. 38, 4 (April, 2018), 120--124.
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Cited By

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  • (2022)Patent Data Analytics for Technology Forecasting of the Railway Main TransformerSustainability10.3390/su1501027815:1(278)Online publication date: 24-Dec-2022
  • (2020)Patent Prediction Based on Long Short-Term Memory Recurrent Neural NetworkProceedings of the 9th International Conference on Computer Engineering and Networks10.1007/978-981-15-3753-0_28(291-299)Online publication date: 1-Jul-2020

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  1. Data Analysis of Railway Industry Patents

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    cover image ACM Other conferences
    ICBDR '18: Proceedings of the 2nd International Conference on Big Data Research
    October 2018
    221 pages
    ISBN:9781450364768
    DOI:10.1145/3291801
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

    In-Cooperation

    • Shandong Univ.: Shandong University
    • University of Queensland: University of Queensland
    • Dalian Maritime University

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    Association for Computing Machinery

    New York, NY, United States

    Publication History

    Published: 27 October 2018

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    Author Tags

    1. ARMA model
    2. Patents of railway industry
    3. data analysis
    4. patent value evaluation
    5. prediction accuracy

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    Cited By

    View all
    • (2022)Patent Data Analytics for Technology Forecasting of the Railway Main TransformerSustainability10.3390/su1501027815:1(278)Online publication date: 24-Dec-2022
    • (2020)Patent Prediction Based on Long Short-Term Memory Recurrent Neural NetworkProceedings of the 9th International Conference on Computer Engineering and Networks10.1007/978-981-15-3753-0_28(291-299)Online publication date: 1-Jul-2020

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