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The Dynamic Management of Intellectual Property : Empirical Evidence From Technology Intensive Industries
Type
conference paper
Date Issued
2011-04-10
Author(s)
Abstract
This paper explores how firms conduct their patent management and how patent management is embedded into overall business strategies and processes. Therefore, case studies with ten firms from the pharmaceutical, chemical, and biotechnological industry were conducted. The findings reveal that patent management is strongly linked to corporate strategy and the technology life cycle. We argue that patent strategy does not start and end with the application of the patent right but demands a holistic approach reaching from technology scouting to the divestment decision of the patented product. Based on the data we develop a holistic patent life cycle management model reflecting five distinctive phases of patent management as well as three core dimensions of patenting: freedom to operate, differentiation from competitors, and external patent exploitation. Finally, managerial implications are drawn from the results.
Language
English
Keywords
Intellectual property management
patent life cycle
patent strategy
pharmaceutical industry
HSG Classification
contribution to scientific community
Refereed
Yes
Book title
IAMOT 2011 Proceedings
Event Title
20st International Conference on Management of Technology (IAMOT)
Event Location
Miami FL
Event Date
10.-14.04.2011
Subject(s)
Division(s)
Eprints ID
157450