Average age of company patents
Definition:
The age of patents from the company. A higher average age means that the organization was less innovative in the recent history since there are more old than new patents.
Calculation:
Average of patent ages
This KPI is measured as: Time (e.g. Years, Minutes)
Interpretation of results: Lower Is Better
Strategic objective:
Innovation
The age of patents from the company. A higher average age means that the organization was less innovative in the recent history since there are more old than new patents.
Calculation:
Average of patent ages
This KPI is measured as: Time (e.g. Years, Minutes)
Interpretation of results: Lower Is Better
Strategic objective:
Innovation
