Improved Patent Quality of Strategy Choice

In an open economy, an appropriate patent system is capable of improving the quality of patents. The behavior of governments, enterprises, university research organizations, and intermediary agencies as innovation subjects may also affect patent quality. This work verifies consumers’ choice under improved patent quality in terms of patent utilization or purchasers. A model is established on the basis of several variables, including residents’ income, patented product price, patented product categories, and complaint rate. The influencing factors that may improve patent quality are also analyzed. Findings show that a product with a considerable number of patents tends to exhibit good quality, but the quality improvement of a highly over-priced patented product may be hindered. Innovation subjects should strengthen the protection of intellectual property rights by improving patent quality.