Banks have become involved in a financial technology products competition and the patent barrier has hindered the development of Chinese banking industry under foreign banks' pressures. The paper comparatively analyzes the distribution of years, collaboration, application organizations, subject categories, characteristics and co-occurrence networks of DII class codes of 8 famous Chinese and American banks with data up to 2012 collected from Derwent Innovation Index. Finally, the paper makes corresponding countermeasures and suggestions as to improve the protection of patents and promote technology innovation of Chinese banking industry.
Key words
Bank patents /
patentometrics /
Chinese-funded banks /
U.S. banks /
Patent class code co-occurrence /
financial innovation
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