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Mitigating Innovation Risks Concerning Intellectual Property Instruments

Author

Listed:
  • Andreea DUMITRESCU

    (Faculty of Entrepreneurship, Business Engineering and Management, University “Politehnica” of Bucharest, Romania)

  • Geanina S. BANU

    (Faculty of Entrepreneurship, Business Engineering and Management, University “Politehnica” of Bucharest, Romania)

  • Anca A. PURCĂREA

    (Faculty of Entrepreneurship, Business Engineering and management, University “Politehnica” of Bucharest, Romania)

Abstract

As protection of innovation is possible using a variety of intellectual property instruments, the current paper aims at emphasizing the vulnerabilities of these instruments in order to facilitate the right choice in terms of protection, exploitation and dissemination of innovation. Based on a review of the intellectual property instruments and their related risk factors, the study identifies and formulates specific proactive strategies which arise from the fact that an instrument alone does not allow for effective protection, exploitation and dissemination and oftentimes the owners of innovation should combine traditional and alternative instruments. Therefore, the results of this analysis represent a helpful tool for managers in the decisional process.

Suggested Citation

  • Andreea DUMITRESCU & Geanina S. BANU & Anca A. PURCĂREA, 2014. "Mitigating Innovation Risks Concerning Intellectual Property Instruments," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 5, pages 303-310, November.
    • Handle: RePEc:cmj:seapas:y:2014:i:5:p:303-310
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    References listed on IDEAS

    as
    1. Rod Falvey & Neil Foster & David Greenaway, 2006. "Intellectual Property Rights and Economic Growth," Review of Development Economics, Wiley Blackwell, vol. 10(4), pages 700-719, November.
    2. Keith E. Maskus, 2000. "Intellectual Property Rights in the Global Economy," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 99, October.
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    More about this item

    Keywords

    Innovation; Risk factors; Intellectual property;
    All these keywords.

    JEL classification:

    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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