University of California, Riverside

Anderson Graduate School of Management



SoBA News


The Professor of Information Systems will use the award to support his research project on patent valuation.

(January 25, 2011)

Professor of Information Systems Erik Rolland recently received an IBM Faculty Award to help support his project, “Patent Value and Renewal Decisions:  The Role of Clusters and Portfolios.”

“This award allows me to work with world-class colleagues at IBM, and pursue the challenge of understanding patent valuation,” Rolland said. “IBM Research has outstanding expertise in many areas of information systems, business intelligence, and service science. The project will allow me to fully utilize the expertise at IBM, and pursue a project that has real-world implications. Obviously, the IBM Faculty Award is a great honor, but only a starting point for more collaboration with colleagues at IBM Research.”

The IBM award will help fund research support for the project as well as securing hardware and software, Rolland said. The research project aims to analyze the quandary organizations face when maintenance fees for their patents are due. "The analysis of this decision dilemma requires that the value of a patent can be estimated," he said. "However, the decision governing which patent to keep and which to drop is both painful and inefficient, and is a multi-million dollar annual decision-making quandary. Further, little or no research is available to help guide in patent renewal decisions, and very little guidance exists in how factors outside the patent itself play a role in the valuation. These factors include issues like market value, viewing patents as portfolios, changing market conditions, and many other factors related to the patent evaluation process. Also, little guidance exists regarding the relative importance of potential factors that drive patent value. Thus, this research aims to shed more light on patent valuation."

In order to qualify for the IBM Faculty Award, nominees must have an outstanding reputation as a full-time professor teaching at an accredited university. Employees within IBM initiate nominations.

News Contact:
Mark Manalang
Electronic Communications Manager
mark.manalang@ucr.edu



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