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The e-business Studies Volume 17, Number 4, August, 30, 2016:109~121 Received: 2016/08/09, Accepted: 2016/08/28 Revised: 2016/08/28, Published: 2016/08/30 [ABSTRACT] In this paper, I propose a model to estimate values of essential patents and general patents and estimate thei r values. For the purposes I use the year data from 1998 to 2013 which are selected from Statistics Korea, Ko rea Trade Association(KTA), and Ban k of Korea(BOK). The results are that the elasticities of essential patents in ICT manufacturing industry vary from 0.508 to 0.660 depending on the mod els and both of them are significant statistically. In case of ICT service ind ustry, the elasticity of essential patent is 0.095, but is not significant statistic ally. On the other hand, the elasticitie s of general patents in ICT manufactu ring industry vary from 0.101 to 0.263 depending on the models, none of the m, however, are significant statisticall y. In case of ICT service industry, the elasticity of general patent is 0.688 si gnificant statistically. In the ICT manu facturing industry, value per essential patent is 4,460 million Korean Won, and value per general patents is 2.63 million Korean Won. In case of the IC T service industry, value per essential patent is 3,778 million Korean Won, and value per general patents is 12.7 million Korean Won. [CONTENTS] ABSTRACT Ⅰ. Introduction Ⅱ. Essential Patent Statistics in Korea Ⅲ. Model and Methodology Ⅳ. Estimation Results Ⅴ. Conclusion Reference 국문초록 [Key Words] Essential Patents, Patents, Royalty, ICT industry A Study on Estimation for Value of Essential Patents in Korea s ICT Industry * * Visiting Professor, Dept. of International Trade, Dongguk University (chmuns@hanmail.net) Ⅰ. Introduction 109

A Study on Estimation for Value of Essential Patents in Korea s ICT Industry 110 The e-business Studies. 2016 ; 17(4) : 109~121, http://dx.doi.org/10.20462/tebs.2016.08.17.4.109

Ⅱ. Essential Patent Statistics in Korea <Table 1> Comparison of Patents and Essential Patents Classification Patents Essential Patents 111

A Study on Estimation for Value of Essential Patents in Korea s ICT Industry <Table 2> Essential Patent Statistics by Organization for Standardization(February, 2014) Classification ISO ISO/IEC JTCI IEC ITU-T ITU ITU-R Subtotal Total <Table 3> Essential Patent Statistics by Country(February, 2014) Rank Country 2012 2013 2014 Number Ratio Number Ratio Number Ratio Ⅲ. Model and Methodology 1. Model 112 The e-business Studies. 2016 ; 17(4) : 109~121, http://dx.doi.org/10.20462/tebs.2016.08.17.4.109

113

A Study on Estimation for Value of Essential Patents in Korea s ICT Industry ln ln ln ln ln ln ln ln 2. Data <Table 4> Industry Classification Classification Korean Standard Industry Classification(KSIC) <Table 5> Data Sources Classification Variable Source 114 The e-business Studies. 2016 ; 17(4) : 109~121, http://dx.doi.org/10.20462/tebs.2016.08.17.4.109

[Figure 1] Market Volume by Industry(unit: Million Korean Won) <Table 6> Comparison of KSIC and SITC KSIC SITC 115

A Study on Estimation for Value of Essential Patents in Korea s ICT Industry <Table 7> Royalty rates by Industry (Unit: %) Classification Mean Median Max Min Number 3. Methodology 116 The e-business Studies. 2016 ; 17(4) : 109~121, http://dx.doi.org/10.20462/tebs.2016.08.17.4.109

[Figure 2] Patent Numbers by Year [Figure 3] Essential Patent Numbers by Year 117

A Study on Estimation for Value of Essential Patents in Korea s ICT Industry Ⅳ. Estimation Results <Table 8> Results Variable ICT Manufacture ICT Service 118 The e-business Studies. 2016 ; 17(4) : 109~121, http://dx.doi.org/10.20462/tebs.2016.08.17.4.109

Ⅴ. Conclusion <Table 9> Estimated Value of Patents and Essential Patents (Unit: Million Korean Won) Essential Patent(A) ICT manufacturing industry (2013 Current Price) Patent(B) Ratio(A/B) Essential Patent(A) ICT Service (2012 Current Price) Patent(B) Ratio(A/B) 119

A Study on Estimation for Value of Essential Patents in Korea s ICT Industry References 120 The e-business Studies. 2016 ; 17(4) : 109~121, http://dx.doi.org/10.20462/tebs.2016.08.17.4.109

국문초록 한국 ICT 산업에서의표준특허가치추정 2) 121