Patent value prediction in biomedical textiles: A method based on a fusion of machine learning models.

Patent value prediction is essential for technology innovation management. This study aims to enhance technology innovation management in the field of biomedical textiles by processing complex biomedical patent information to improve the accuracy of predicting patent values. A patent value grading p...

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Main Authors: Yifan He, Kehui Deng, Jiawei Han
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2025-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0322182
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author Yifan He
Kehui Deng
Jiawei Han
author_facet Yifan He
Kehui Deng
Jiawei Han
author_sort Yifan He
collection DOAJ
description Patent value prediction is essential for technology innovation management. This study aims to enhance technology innovation management in the field of biomedical textiles by processing complex biomedical patent information to improve the accuracy of predicting patent values. A patent value grading prediction method based on a fusion of machine learning models is proposed, utilizing 113,428 biomedical textile patents as the research sample. The method combines BERT (Bidirectional Encoder Representations from Transformers) and a stacking strategy to classify and predict the value class of biomedical textile patents using both textual information and structured patent features. We implemented this method for patent value prediction in biomedical textiles, leading to the development of BioTexVal-the first dedicated patent value prediction model for this domain. BioTexVal's innovation lies in employing a stacking strategy that integrates multiple machine learning models to enhance predictive accuracy while leveraging unstructured data during training. Results have shown that this approach significantly outperforms previous predictive methods. Validated on 113,428 biomedical textile patents spanning from 2003 to 2023, BioTexVal achieved an accuracy of 88.38%. This study uses average annual forward citations as an indicator for distinguishing patent value grades. The method may require adjustments based on data characteristics when applied to other research fields to ensure its effectiveness.
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spelling doaj-art-eed32f57df3a47e5a92528fce66380f32025-08-20T03:53:31ZengPublic Library of Science (PLoS)PLoS ONE1932-62032025-01-01204e032218210.1371/journal.pone.0322182Patent value prediction in biomedical textiles: A method based on a fusion of machine learning models.Yifan HeKehui DengJiawei HanPatent value prediction is essential for technology innovation management. This study aims to enhance technology innovation management in the field of biomedical textiles by processing complex biomedical patent information to improve the accuracy of predicting patent values. A patent value grading prediction method based on a fusion of machine learning models is proposed, utilizing 113,428 biomedical textile patents as the research sample. The method combines BERT (Bidirectional Encoder Representations from Transformers) and a stacking strategy to classify and predict the value class of biomedical textile patents using both textual information and structured patent features. We implemented this method for patent value prediction in biomedical textiles, leading to the development of BioTexVal-the first dedicated patent value prediction model for this domain. BioTexVal's innovation lies in employing a stacking strategy that integrates multiple machine learning models to enhance predictive accuracy while leveraging unstructured data during training. Results have shown that this approach significantly outperforms previous predictive methods. Validated on 113,428 biomedical textile patents spanning from 2003 to 2023, BioTexVal achieved an accuracy of 88.38%. This study uses average annual forward citations as an indicator for distinguishing patent value grades. The method may require adjustments based on data characteristics when applied to other research fields to ensure its effectiveness.https://doi.org/10.1371/journal.pone.0322182
spellingShingle Yifan He
Kehui Deng
Jiawei Han
Patent value prediction in biomedical textiles: A method based on a fusion of machine learning models.
PLoS ONE
title Patent value prediction in biomedical textiles: A method based on a fusion of machine learning models.
title_full Patent value prediction in biomedical textiles: A method based on a fusion of machine learning models.
title_fullStr Patent value prediction in biomedical textiles: A method based on a fusion of machine learning models.
title_full_unstemmed Patent value prediction in biomedical textiles: A method based on a fusion of machine learning models.
title_short Patent value prediction in biomedical textiles: A method based on a fusion of machine learning models.
title_sort patent value prediction in biomedical textiles a method based on a fusion of machine learning models
url https://doi.org/10.1371/journal.pone.0322182
work_keys_str_mv AT yifanhe patentvaluepredictioninbiomedicaltextilesamethodbasedonafusionofmachinelearningmodels
AT kehuideng patentvaluepredictioninbiomedicaltextilesamethodbasedonafusionofmachinelearningmodels
AT jiaweihan patentvaluepredictioninbiomedicaltextilesamethodbasedonafusionofmachinelearningmodels