Modeling the Dynamic Process of Inventions for Reducing Knowledge Search Costs

Abstract: A knowledge search is a key process for inventions. However, there is inadequate quantitative modeling of dynamic knowledge search processes and associated search costs. In this study, agent-based and complex network methodologies were proposed to quantitatively describe the dynamic process of knowledge search for actual inventions. Prior knowledge networks (PKNs), the search space of historical patents, were constructed, representative search rules were formulated for R&D agents, and measures for knowledge search cost were designed to serve as search objectives. Simulation results in the field of photolithographic technology show that search costs differ significantly with different search rules. Familiarity and Degree rules significantly outperform BFS, DFS and Recency rules in terms of knowledge search costs, and are less affected by the size and density of PKNs. Interestingly, there is no significant correlation between the mean and variance of search costs and patent value, indicating that high-value patents are not particularly difficult to obtain. The implications for innovation theories and R&D practices are drawn from the models and results.