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Introduction: Exploiting intellectual property to promote innovation and create value

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posted on 2023-06-09, 05:16 authored by Joseph Tidd
There are two traditional views of the role of intellectual property (IP) within the field of innovation management: in innovation management research, as an indicator or proxy for innovation inputs or outputs, e.g. patents or licensing income; or in innovation management practice, as a means of protecting knowledge. Exploiting Intellectual Property to Promote Innovation and Create Value argues that whilst both of these perspectives are useful, neither capture the full potential contribution of intellectual property in innovation management research and practice. The management of IP has become a central challenge in current strategies of Open Innovation and Business Model Innovation, but there is relatively little empirical work available. Theoretical arguments and empirical research suggest that from both an innovation policy and management perspective, the challenge is to use IP to encourage risk-taking and innovation, and that a broader repertoire of strategies is necessary to create and capture the economic and social benefits of innovation. This book identifies how intellectual property can be harnessed to create and capture value through exploiting new opportunities for innovation. It is organized around three related themes: public policies for IP; firm strategies for IP; and creating value from IP, and offers insights from the latest research on IP strategies and practices to create and capture the economic and social benefits of innovation

History

Publication status

  • Published

File Version

  • Published version

Publisher

World Scientific

Volume

29

Pages

350.0

Book title

Exploiting intellectual property to promote innovation and create value

ISBN

9781786343505

Series

Series on technology management

Department affiliated with

  • SPRU - Science Policy Research Unit Publications

Research groups affiliated with

  • Intrapreneurship Hub Publications

Full text available

  • No

Peer reviewed?

  • Yes

Editors

Joseph Tidd

Legacy Posted Date

2017-02-22

First Compliant Deposit (FCD) Date

2017-02-22

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