RESEARCH ON THE RELEVANCE BETWEEN CORPORATE VALUE AND PATENT POWER — BASED ON THE EMPIRICAL TEST OF LISTED COMPANIES ON GEM IN CHINA

RESEARCH ON THE RELEVANCE BETWEEN CORPORATE VALUE AND PATENT POWER — BASED ON THE EMPIRICAL TEST OF LISTED COMPANIES ON GEM IN CHINA

Patent power is not only the embodiment of enterprise R&D capability, but also reflects the core competitiveness of enterprises. This paper analyzes the value relevance of different aspects of patent power. The results show that the patent quality and patent complexity in small and medium-sized enterprises have a positive impact on the corporate value, and the relationship between patent strength, patent content richness, patent comprehensibility and corporate value is not significant.