Papers
How to prioritize inventions
Author(s)Thomas Saaty
Joseph M. Katz Graduate School of Business
University of Pittsburgh
United States
Elena Rokou
Joseph M. Katz Graduate School of Business
University of Pittsburgh
United States
Publication date: Mar, 2017
Journal: World Patent InformationVol.: 48- Pages: 78-95
Abstract: In this paper we consider many intangible criteria that influence the priorities and ranks of inventions as they contribute to human welfare, by using the Analytic Hierarchy Process. We apply the ideas to evaluate a number of modern inventions along with a few old ones. Both the categories of inventions and the effects they have on human well-being and human progress are considered in this weighting process. Different effects of similar types of inventions could have different properties. To our knowledge this work breaks new ground about the numerical prioritization of all kinds of inventions because of the effort spent in structuring the process in a comprehensive hierarchy.
Keywords: OR in inventions, Invention priority, Patents, Analytic Hierarchy Process, Ratings, AHP