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Open AccessArticle

Sustainable Technology Innovation Path Recognition: An Evaluation of Patent Risk of International Trade

by Ben Zhang 1,2, Lei Ma 2,*, Zheng Liu 2,3 and Ping Wang 4
1
School of Management, Huazhong University of Science and Technology, Wuhan 430074, China
2
Centre for Innovation and Development, Nanjing University of Science and Technology, Nanjing 210094, China
3
Business School, University of South Wales, Pontypridd CF37 1DL, Wales, UK
4
Henan Investment Group Co., Ltd., Zhengzhou 450008, China
*
Author to whom correspondence should be addressed.
Sustainability 2019, 11(18), 5002; https://doi.org/10.3390/su11185002
Received: 23 July 2019 / Revised: 9 September 2019 / Accepted: 10 September 2019 / Published: 12 September 2019
(This article belongs to the Special Issue Sustainability in 2nd IT Revolution with Dynamic Open Innovation)
Patent protection is a critical aspect of sustainable technology innovation, which is currently facing the challenge of patent risk. This study aimed to help enterprises prevent and avoid patent risk in a global view of technology innovation, and to propose a systematic evaluation model for patent risk. By combining the entropy method with the analytic hierarchy process (AHP), this study constructed an analytic hierarchy model of patent risk. Some indexes in the model were selected based on the summary of prior literature, and other indexes were selected according to experts’ communication, which helped us to generalize the patent risk as comprehensively as possible. The AHP evaluation results determined the weight and relative materiality for each risk factor, which were contained in a criteria layer and a sub-criteria layer. The entropy method integrated the evaluation weights of different experts’ opinions. By dividing the risk factors into three categories, namely “high”, “medium”, or “low”, according to the priority degree, the risk priority ranking was obtained. Suggestions are discussed regarding support for enterprises in dealing with patent risk that may occur during international trade or other commercial activities. View Full-Text
Keywords: sustainable technology innovation; patent risk; analytic hierarchy process; entropy method; international trade sustainable technology innovation; patent risk; analytic hierarchy process; entropy method; international trade
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Zhang, B.; Ma, L.; Liu, Z.; Wang, P. Sustainable Technology Innovation Path Recognition: An Evaluation of Patent Risk of International Trade. Sustainability 2019, 11, 5002.

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