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We examine the relationship between fragmented intellectual property (IP) rights and the innovative performance of firms, taking into consideration the role played by in-licensing of IP. We find that firms facing more fragmented IP landscapes have a higher probability of in-licensing. For firms...
Persistent link: https://www.econbiz.de/10003922582
Based on a sample of research units in science and engineering at German universities, this study reports survey evidence showing that research grants impact research content. Research units that receive funds from industry are more likely to source ideas from the private sector. The higher the...
Persistent link: https://www.econbiz.de/10009572474
more forward citations per patent indicating that joint R&D enhances patent quality. In light of literature on strategic … intellectual property, while exchange alliances drive "portfolio patenting", resulting in fewer forward citations. -- R …
Persistent link: https://www.econbiz.de/10009572477
Innovation is commercialization of technology. Imperfections in markets for technology should leave marks on physical investments for innovation. Two types of transaction costs could affect innovative investments: royality stacking and hold-up threats. Backward references in firm's patent...
Persistent link: https://www.econbiz.de/10009510154
Most marketing practitioners and scholars agree that marketing assets such as brand equity significantly contribute to a firm's financial performance. In this paper, we model brand equity as an unobservable stock that results from up to thirty years of past brand-related investment flows. Using...
Persistent link: https://www.econbiz.de/10011418793
Innovators seek to protect their intellectual assets by patenting them, at the same time trying to avoid any disclosure of critical knowledge. Given that a patent specification has to include a clear description of the patented matter so that anybody "skilled in the art" is enabled to reproduce...
Persistent link: https://www.econbiz.de/10009771844
Classical patent literature assumes that patents grant well-defined legal rights to exclude others from practicing an invention. In this scenario, start-up companies benefit from the exclusive right to commercialize patent-protected inventions and the certification effect of patents which...
Persistent link: https://www.econbiz.de/10010204045
This paper tests a number of hypotheses on the use and effectiveness of patents and trade secrets designed to protect innovation. While previous studies have often considered patents and trade secrets as substitutes for one another, we investigate the complementary role of the two protection...
Persistent link: https://www.econbiz.de/10011539042
shown that patents and their quality as measured by citations received by future patents contribute significantly to the … forward citations patents can receive at the European Patent Office. While a patent can be cited as non-infringing state of … the art, it can also be cited because it threatens the novelty of patent applications ("blocking citations"). Empirical …
Persistent link: https://www.econbiz.de/10008937317
This article analyzes how the perceived effectiveness of intellectual property protection and competitive pressure affect firms' innovation strategy choices, concretely, whether to abstain from innovation, to introduce products that are known in the market but new to the firm (imitation) or to...
Persistent link: https://www.econbiz.de/10009686719