Value Capture in Open Innovation Markets: The Role of Patent Rights for Innovation Appropriation

Value Capture in Open Innovation Markets: The Role of Patent Rights for Innovation Appropriation

By • on August 17, 2021

The Emerald Insight website posted a study which noted that the role of patents for appropriating (capturing) value from innovation investments has for decades been of major interest to both practitioners and academics in innovation management. Many studies have implicitly assumed that firms appropriate value through in-house creation and marketing

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United Inventors Association Announces Inspire 2021

United Inventors Association Announces Inspire 2021

By • on July 21, 2021

PRNewswire reported that The United Inventors Association of America, a national non-profit dedicated to educating inventors, patent holders and product developers, has announced “Inspire 2021,” a three-day virtual conference, Sep. 15-18. Panels will focus on licensing, crowd-funding, brand

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An Open Innovation Perspective For Patent Policy

An Open Innovation Perspective For Patent Policy

By • on May 9, 2018

An article on the Intellectual Property Watch website noted that based on in-depth interviews with thirty-one entrepreneurs in the IoT space, it was found that firms lacked awareness on Open Innovation, let alone managing IP under an Open Innovation paradigm. The young firms we talked to owned patents

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Patents and Open Innovation

Patents and Open Innovation

By • on January 29, 2018

The Cairn.info website reported that many recent studies have highlighted that the patent system might, paradoxically, promote open innovation by stimulating inter-firm collaborations and markets for technology. Indeed, it seems that to open up a firm’s boundaries can be risky, and patents can often

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Google’s Open Innovation

Google’s Open Innovation

By • on April 6, 2017

The IPWatchdog website discussed innovation at Apple and at Google, noting that Apple has long utilized a business model with a heavy focus on research and development, investing in innovation to improve its successful consumer electronics products, obtaining patents and then dominating an entire sector.

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Opening Your Innovation Processes

Opening Your Innovation Processes

By • on March 16, 2017

A blog on the Garwood Center for Corporate Innovation website noted that whether you are in a large organization or a small one, chances are you need to open up your innovation processes.  But in order to do this effectively, you must connect your business model to your innovation process.  Companies

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Why America’s Patent System Is Not Killing Innovation

Why America’s Patent System Is Not Killing Innovation

By • on May 21, 2015

The Fortune website posted an article which noted that the open innovation model, by which distinct (sometimes even competing) entities share information, research and expertise to develop new inventions and products, is an illustrative example of how patents encourage knowledge-sharing and create value.

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What the Industrial Revolution Can Tell Us About Open Innovation Today

What the Industrial Revolution Can Tell Us About Open Innovation Today

By • on June 13, 2014

An article on the Slate website on “The Lesson of the Power Loom” outlined some of the things that thr Industrial Revolution’s inventors can tell us about open innovation today. The article noted that innovators shared knowledge extensively in the past. Historians have documented that

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Patentless Innovation

Patentless Innovation

By • on July 9, 2013

The Social Science Research Network posted an article by Clark Asay which discusses to what extent patents actually threaten open innovation communities. Previous assessments often treat open innovation communities monolithically in terms of patent risk, but open innovation communities typically consist

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Do Patents Promote Innovation?

Do Patents Promote Innovation?

By • on April 12, 2013

An article on the he IPWatchdog website notes that the emergence of mobile computing as a technology platform has been a game changing development in many ways.  The ability to be connected anywhere and to have real time information at our finger tips has transformed the way we do business and live

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