Intellectual property rights business management practices: A survey of the literature
TL;DR: In this paper, a survey of the empirical literature regarding the use and management of Intellectual Property rights (IPRs) is presented, focusing on the US, Canada, EU, Japan and Australia and the protection of IP in specific industry groups.
About: This article is published in Technovation.The article was published on 2006-08-01 and is currently open access. It has received 232 citations till now. The article focuses on the topics: Intellectual property & Valuation (finance).
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TL;DR: Text mining is used to transform patent documents into structured data to identify keyword vectors and principal component analysis is employed to reduce the numbers of keyword vectors to make suitable for use on a two-dimensional map.
386 citations
Cites background from "Intellectual property rights busine..."
...However, as the value of firms, particularly in the knowledge-intensive business service sector, is determined by the value of their intellectual property that can be represented and protected by patents (Hanel, 2006), more firms are trying to protect their service innovations (Bader, 2008)....
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TL;DR: The results showed that topological measures are beneficial in detecting branching innovation in the citation network of scientific publications.
293 citations
Cites background from "Intellectual property rights busine..."
...The intellectual property rights are becoming significant for the management of firms (Hanel, 2006; Storto, 2006; Bader, 2008)....
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TL;DR: In this article, the authors investigate how knowledge-intensive business services (KIBS) protect their inventions from imitation by rival firms when choosing among various protection mechanisms, including patents, registration of design patterns, trademarks, secrecy and lead-time advantages over competitors.
222 citations
TL;DR: This article examined the pattern of international collaboration across countries in inventive activities using the information about inventors and assignees as defined by the United States Patent and Trademark Office (USPTO).
133 citations
TL;DR: In this article, the authors propose a specific model of analysis, which includes various hypotheses to be tested in a sample of 258 Spanish manufacturing companies, and confirm that companies that mostly use explicit knowledge chose the patenting system as a defence mechanism, while those companies in which tacit type knowledge predominates tend to opt for industrial secret.
117 citations
Cites background or result from "Intellectual property rights busine..."
...used by Spanish manufacturing companies, confirming the results obtained in the research of Harabi (1995) and Brouwer and Kleinknecht (1999)....
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...of appropriating economic benefits from appropriation (Hanel, 2006)....
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...In this sense, patents are increasingly perceived in many industrial sectors as being a rather ineffectual means of appropriating economic benefits from appropriation (Hanel, 2006)....
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References
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TL;DR: In this article, it was shown that multiple patents per invention are filed in both discrete and complex technologies, and that different legislative issues arise from multiple patenting per innovation in complex and discrete technologies depending on the degree of technological complementarity.
Abstract: On the basis of a novel data set of 612 European patents and related inventions from five different industries, it is shown that multiple patents per invention are filed in both discrete and complex technologies. Multivariate analysis of the data suggests that in selected discrete technologies, patent ‘fences’ may serve to exclude competitors whereas in complex technologies, ‘thickets’ represent exchange forums for complementary technology. The results expand on traditional views of profitable patent exploitation across industries and elaborate on the most recent findings by Cohen et al. (Cohen, W.M., Nelson, R.R. and Walsh, J.P. (2000) Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (or not). Cambridge, MA: NBER.) The analysis suggests that different legislative issues arise from multiple patenting per innovation in complex and discrete technologies depending on the degree of technological complementarity. The results have unexpected policy implica...
128 citations
TL;DR: In this article, the authors improved upon empirical studies that examine only one type of law or lack a component that addresses the actual enforcement of these laws, using three types of IPR laws and enforcement components for them.
Abstract: This research improves upon empirical studies that examine the measurement of intellectual property rights (IPR) protection. Prior measures examine only one type of law or lack a component that addresses the actual enforcement of these laws. The measure presented here uses three types of IPR laws and enforcement components for them.
123 citations
TL;DR: The authors empirically examines patents for financial formulas and methods, whose patentability was recently confirmed in the litigation between State Street Bank and Trust and Signature Financial Group, and finds that patent filings by academics have been very infrequent, which appears to be a consequence of a lack of awareness or interest on the part of faculty members, rather than any fundamental unsuitability of their research for patenting.
Abstract: This paper empirically examines patents for financial formulas and methods, whose patentability was recently confirmed in the litigation between State Street Bank and Trust and Signature Financial Group. The number of such filings and awards has been accelerating. Patent filings by academics have been very infrequent, which appears to be a consequence of a lack of awareness or interest on the part of faculty members, rather than any fundamental unsuitability of their research for patenting. The failure to cite academic research in this area appears to be problematic and may reflect patent examiners' limited exposure to finance research and patents. Copyright The American Finance Association 2002.
123 citations
Book•
01 Jan 1993
TL;DR: In this article, an international group of experts presents the first multidisciplinary look at IPRs in an age of explosive growth in science and technology, including case studies on software, computer chips, optoelectronics, and biotechnology.
Abstract: As technological developments multiply around the globe--even as the patenting of human genes comes under serious discussion--nations, companies, and researchers find themselves in conflict over intellectual property rights (IPRs). Now, an international group of experts presents the first multidisciplinary look at IPRs in an age of explosive growth in science and technology. This thought-provoking volume offers an update on current international IPR negotiations and includes case studies on software, computer chips, optoelectronics, and biotechnology--areas characterized by high development cost and easy reproducibility. The volume covers these and other issues: * Modern economic theory as a basis for approaching international IPRs. * U.S. intellectual property practices versus those in Japan, India, the European Community, and the developing and newly industrializing countries. * Trends in science and technology and how they affect IPRs. * Pros and cons of a uniform international IPRs regime versus a system reflecting national differences.
118 citations
TL;DR: In this article, the authors find that patent citation information may indeed help investors judge the future profit-earning potential of a firm's scientific discoveries, and that patent quality information also appears germane in the case of large cap high-tech companies with relatively high P/E ratios.
116 citations