{"id":"https://openalex.org/W3112859359","doi":"https://doi.org/10.1080/09537325.2020.1855325","title":"How do patent assets affect firm performance? From the perspective of industrial difference","display_name":"How do patent assets affect firm performance? From the perspective of industrial difference","publication_year":2020,"publication_date":"2020-12-07","ids":{"openalex":"https://openalex.org/W3112859359","doi":"https://doi.org/10.1080/09537325.2020.1855325","mag":"3112859359"},"language":"en","primary_location":{"id":"doi:10.1080/09537325.2020.1855325","is_oa":false,"landing_page_url":"https://doi.org/10.1080/09537325.2020.1855325","pdf_url":null,"source":{"id":"https://openalex.org/S130699561","display_name":"Technology Analysis and Strategic Management","issn_l":"0953-7325","issn":["0953-7325","1465-3990"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Technology Analysis & Strategic Management","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5090457718","display_name":"Xiaodong Yuan","orcid":"https://orcid.org/0000-0003-4516-2049"},"institutions":[{"id":"https://openalex.org/I47720641","display_name":"Huazhong University of Science and Technology","ror":"https://ror.org/00p991c53","country_code":"CN","type":"education","lineage":["https://openalex.org/I47720641"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xiaodong Yuan","raw_affiliation_strings":["School of Management, Huazhong University of Science and Technology, Wuhan, People\u2019s Republic of China","School of Management, Huazhong University of Science and Technology, Wuhan, People's Republic of China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Management, Huazhong University of Science and Technology, Wuhan, People\u2019s Republic of China","institution_ids":["https://openalex.org/I47720641"]},{"raw_affiliation_string":"School of Management, Huazhong University of Science and Technology, Wuhan, People's Republic of China","institution_ids":["https://openalex.org/I47720641"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5101778925","display_name":"Fan Hou","orcid":"https://orcid.org/0000-0003-2728-1247"},"institutions":[{"id":"https://openalex.org/I47720641","display_name":"Huazhong University of Science and Technology","ror":"https://ror.org/00p991c53","country_code":"CN","type":"education","lineage":["https://openalex.org/I47720641"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Fan Hou","raw_affiliation_strings":["School of Management, Huazhong University of Science and Technology, Wuhan, People\u2019s Republic of China","School of Management, Huazhong University of Science and Technology, Wuhan, People's Republic of China"],"raw_orcid":"https://orcid.org/0000-0003-2728-1247","affiliations":[{"raw_affiliation_string":"School of Management, Huazhong University of Science and Technology, Wuhan, People\u2019s Republic of China","institution_ids":["https://openalex.org/I47720641"]},{"raw_affiliation_string":"School of Management, Huazhong University of Science and Technology, Wuhan, People's Republic of China","institution_ids":["https://openalex.org/I47720641"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5101581810","display_name":"Cai Xue-hui","orcid":"https://orcid.org/0000-0003-0009-3772"},"institutions":[{"id":"https://openalex.org/I4210119942","display_name":"Wuhan Textile University","ror":"https://ror.org/02jgsf398","country_code":"CN","type":"education","lineage":["https://openalex.org/I4210119942"]},{"id":"https://openalex.org/I47720641","display_name":"Huazhong University of Science and Technology","ror":"https://ror.org/00p991c53","country_code":"CN","type":"education","lineage":["https://openalex.org/I47720641"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Xuehui Cai","raw_affiliation_strings":["Accounting College, Wuhan Textile University, Wuhan, People\u2019s Republic of China","School of Management, Huazhong University of Science and Technology, Wuhan, People\u2019s Republic of China","Accounting College, Wuhan Textile University, Wuhan, People's Republic of China","School of Management, Huazhong University of Science and Technology, Wuhan, People's Republic of China"],"raw_orcid":"https://orcid.org/0000-0003-0009-3772","affiliations":[{"raw_affiliation_string":"Accounting College, Wuhan Textile University, Wuhan, People\u2019s Republic of China","institution_ids":["https://openalex.org/I4210119942"]},{"raw_affiliation_string":"School of Management, Huazhong University of Science and Technology, Wuhan, People\u2019s Republic of China","institution_ids":["https://openalex.org/I47720641"]},{"raw_affiliation_string":"Accounting College, Wuhan Textile University, Wuhan, People's Republic of China","institution_ids":["https://openalex.org/I4210119942"]},{"raw_affiliation_string":"School of Management, Huazhong University of Science and Technology, Wuhan, People's Republic of China","institution_ids":["https://openalex.org/I47720641"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5101581810"],"corresponding_institution_ids":["https://openalex.org/I4210119942","https://openalex.org/I47720641"],"apc_list":null,"apc_paid":null,"fwci":1.0314,"has_fulltext":false,"cited_by_count":20,"citation_normalized_percentile":{"value":0.82855055,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"33","issue":"8","first_page":"943","last_page":"956"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10856","display_name":"Intellectual Property and Patents","score":0.9957000017166138,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10856","display_name":"Intellectual Property and Patents","score":0.9957000017166138,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12851","display_name":"Firm Innovation and Growth","score":0.9866999983787537,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10058","display_name":"Entrepreneurship Studies and Influences","score":0.9707000255584717,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.7533454895019531},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.6385089159011841},{"id":"https://openalex.org/keywords/stock-exchange","display_name":"Stock exchange","score":0.4974558651447296},{"id":"https://openalex.org/keywords/manufacturing","display_name":"Manufacturing","score":0.46103835105895996},{"id":"https://openalex.org/keywords/stock","display_name":"Stock (firearms)","score":0.45146042108535767},{"id":"https://openalex.org/keywords/complementary-assets","display_name":"Complementary assets","score":0.43514424562454224},{"id":"https://openalex.org/keywords/fixed-asset","display_name":"Fixed asset","score":0.431702584028244},{"id":"https://openalex.org/keywords/production","display_name":"Production (economics)","score":0.4311378598213196},{"id":"https://openalex.org/keywords/quality","display_name":"Quality (philosophy)","score":0.4278486371040344},{"id":"https://openalex.org/keywords/commerce","display_name":"Commerce","score":0.3412213921546936},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.239155113697052},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.23798075318336487},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.22656965255737305},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.09771478176116943}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.7533454895019531},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.6385089159011841},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.4974558651447296},{"id":"https://openalex.org/C175700187","wikidata":"https://www.wikidata.org/wiki/Q187939","display_name":"Manufacturing","level":2,"score":0.46103835105895996},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.45146042108535767},{"id":"https://openalex.org/C2776598745","wikidata":"https://www.wikidata.org/wiki/Q5156422","display_name":"Complementary assets","level":2,"score":0.43514424562454224},{"id":"https://openalex.org/C30472729","wikidata":"https://www.wikidata.org/wiki/Q955421","display_name":"Fixed asset","level":3,"score":0.431702584028244},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.4311378598213196},{"id":"https://openalex.org/C2779530757","wikidata":"https://www.wikidata.org/wiki/Q1207505","display_name":"Quality (philosophy)","level":2,"score":0.4278486371040344},{"id":"https://openalex.org/C54750564","wikidata":"https://www.wikidata.org/wiki/Q26643","display_name":"Commerce","level":1,"score":0.3412213921546936},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.239155113697052},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.23798075318336487},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.22656965255737305},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.09771478176116943},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1080/09537325.2020.1855325","is_oa":false,"landing_page_url":"https://doi.org/10.1080/09537325.2020.1855325","pdf_url":null,"source":{"id":"https://openalex.org/S130699561","display_name":"Technology Analysis and Strategic Management","issn_l":"0953-7325","issn":["0953-7325","1465-3990"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Technology Analysis & Strategic Management","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/9","score":0.4699999988079071,"display_name":"Industry, innovation and infrastructure"}],"awards":[{"id":"https://openalex.org/G7304997160","display_name":"\u653f\u7b56\u5f15\u5bfc\u521b\u65b0\u6a21\u5f0f\u4e0b\u7684\u4e13\u5229\u96c6\u6210\u95ee\u9898\u53ca\u5176\u653f\u7b56\u4f18\u5316\u7814\u7a76","funder_award_id":"71774058","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":47,"referenced_works":["https://openalex.org/W1497789111","https://openalex.org/W1523086489","https://openalex.org/W1965350231","https://openalex.org/W1973207366","https://openalex.org/W1977522942","https://openalex.org/W1982491301","https://openalex.org/W2003386892","https://openalex.org/W2010635808","https://openalex.org/W2012514490","https://openalex.org/W2019323860","https://openalex.org/W2020324509","https://openalex.org/W2022156453","https://openalex.org/W2023662948","https://openalex.org/W2024380042","https://openalex.org/W2066274523","https://openalex.org/W2068847629","https://openalex.org/W2069607672","https://openalex.org/W2077079584","https://openalex.org/W2081371103","https://openalex.org/W2090818608","https://openalex.org/W2091683391","https://openalex.org/W2100585856","https://openalex.org/W2118575013","https://openalex.org/W2119816321","https://openalex.org/W2124505706","https://openalex.org/W2125863022","https://openalex.org/W2126340332","https://openalex.org/W2153370463","https://openalex.org/W2154748877","https://openalex.org/W2159038365","https://openalex.org/W2163982728","https://openalex.org/W2185583548","https://openalex.org/W2255031052","https://openalex.org/W2617233466","https://openalex.org/W2730955392","https://openalex.org/W2894120170","https://openalex.org/W2903233536","https://openalex.org/W2910676761","https://openalex.org/W2913255726","https://openalex.org/W2914201499","https://openalex.org/W3121564593","https://openalex.org/W3121644661","https://openalex.org/W3122686932","https://openalex.org/W3123057980","https://openalex.org/W3124269743","https://openalex.org/W3124361942","https://openalex.org/W4234067900"],"related_works":["https://openalex.org/W2366851188","https://openalex.org/W4381798941","https://openalex.org/W4380990792","https://openalex.org/W2354445798","https://openalex.org/W2392499073","https://openalex.org/W2571332559","https://openalex.org/W2524430647","https://openalex.org/W3143623642","https://openalex.org/W4312931572","https://openalex.org/W4254324843"],"abstract_inverted_index":{"In":[0],"the":[1,40,60,71,75,80,89,108,118,143,149,158],"era":[2],"of":[3,28,45,70,91],"technological":[4,125],"innovation,":[5],"some":[6],"companies":[7,130,165],"own":[8],"similar":[9],"patent":[10,29,92,112,137,152,172],"assets":[11,30,93,138,153],"but":[12],"capture":[13],"different":[14,26,98,167],"profits.":[15],"The":[16,36],"paper":[17,87],"aims":[18],"to":[19,174],"explore":[20],"whether":[21],"and":[22,65,79,121,162],"why":[23],"there":[24],"are":[25,50,55,84,97],"effects":[27,82,90],"on":[31,94,139,151],"firm":[32,95,105,115,140,176],"performance":[33,96,106,116,141,156],"across":[34,99],"industries.":[35,100,123],"listed":[37],"corporations":[38],"in":[39,68,107,117,135,142,166],"Growth":[41],"Enterprises":[42],"Market":[43],"(GEM)":[44],"Shenzhen":[46],"Stock":[47],"Exchange,":[48],"China,":[49],"taken":[51],"as":[52,57],"samples,":[53],"which":[54],"categorised":[56],"three":[58],"industries:":[59],"technology-intensive":[61,109,144],"industry,":[62,64,67,110],"capital-intensive":[63,119],"labour-intensive":[66,122],"light":[69],"production":[72],"factors.":[73],"Moreover,":[74],"multiple":[76],"stepwise":[77],"regression":[78],"fixed":[81],"model":[83],"utilised.":[85],"This":[86],"highlights":[88],"Patent":[101],"quality":[102],"strongly":[103],"influences":[104],"while":[111],"count":[113],"increases":[114],"industry":[120],"Notably,":[124],"knowledge":[126],"stock":[127],"owned":[128],"by":[129],"plays":[131],"a":[132],"moderating":[133],"role":[134],"influencing":[136,154],"industry.":[145],"Our":[146],"findings":[147],"enrich":[148],"research":[150],"financial":[155],"from":[157],"industrial":[159],"difference":[160],"perspective":[161],"suggest":[163],"that":[164],"industries":[168],"should":[169],"take":[170],"differentiated":[171],"strategies":[173],"improve":[175],"performance.":[177]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":7},{"year":2024,"cited_by_count":6},{"year":2023,"cited_by_count":3},{"year":2021,"cited_by_count":1}],"updated_date":"2026-07-27T08:26:11.824852","created_date":"2025-10-10T00:00:00"}