Abstract

Intellectual property comes with risks such as value evaluation and externalities. It is an intangible asset involving a large investment and a long return period; however, it plays an important role in enhancing the competitiveness of enterprises. Some companies see intellectual property as being a long-term development strategy, which makes evaluating the performance of corporate intellectual property particularly important. The TOPSIS method is widely used to evaluate the pros and cons, as well as the performance of various programs. It can make full use of the data to accurately reflect the gaps in various programs. This paper uses the TOPSIS method to evaluate the performance of the intellectual property value strategy of six typical technology companies based on three dimensions: financial performance, external performance, and value chain performance. The study found that the value chain performance was the most important in the performance evaluation of the intellectual property value strategy, followed by the external performance, and then by the financial performance. There were also significant differences in the intellectual property value strategy of the six technology companies.

Highlights

  • Is paper summarizes existing performance evaluation index systems and uses the TOPSIS method to apply the index system in a specific practice, which has a certain practical value. is study first constructed a performance evaluation index system for the intellectual property value

  • The intellectual property value strategies were evaluated based on three dimensions: (1) financial performance, (2) external performance, and (3) value chain performance. ese dimensions are summarized as follows: First, the financial performance dimension refers to the contributions of intellectual property to the financial situation of enterprises during the strategic period

  • In the dimension of financial performance, the net income of intangible assets is equal to the intangible assets and goodwill divided by the product of the total assets and the net profit

Read more

Summary

Introduction

Is paper summarizes existing performance evaluation index systems and uses the TOPSIS method to apply the index system in a specific practice, which has a certain practical value. is study first constructed a performance evaluation index system for the intellectual property value. Based on the index system, the TOPSIS method was used to evaluate the performance of specific company’s intellectual property value. The intellectual property value strategies were evaluated based on three dimensions: (1) financial performance, (2) external performance, and (3) value chain performance.

Results
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call