Patent Portfolio Model for Measuring Strategic Technological Strength

As technological innovation plays important role in today's knowledge economy, intellectual property as the most important output of technological development is valued highly for generating monopoly position in providing payoffs to innovation. Intellectual Property Management (IPM) helps organizations to identify, enhance and evaluate their technological strength. Patent portfolio Model (PPM) is built for assessing the advantages and disadvantages of organization, identifying the opportunities of development potentials and optimal distribution, to support the decision-making for optimizing resource allocation and developing layout for technical field. The case study of research institute in china show that this method is feasible and fulfilled the needs of different institutions, so as to provide suggestions for R&D technology management.