The evolution of patent functions: New trends, main challenges and implications for firm strategy
AbstractRecent publications in the field of Intellectual Property (IP) have shown that the previous literature did not grasp how complex patents are. The goal of this paper is to present an overview of all identified functions of patents and of the main strategic implications of such a complex picture. We first survey the main patent functions : innovation protection, functions related to trade and finance, defensive roles, and patent as an input in the innovation process. We then define each function and analyse their main evolution trends in relation with the current environment. We finally identify the strategic implications of each function. We focus on the implications of the newly identified functions and on the interaction between the different functions.
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Bibliographic InfoPaper provided by Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure in its series Working Papers with number 1106.
Date of creation: 2011
Date of revision:
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Patent; Intellectual Property; Strategic Management; Functions; Motives to patent;
Find related papers by JEL classification:
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
- F15 - International Economics - - Trade - - - Economic Integration
- F18 - International Economics - - Trade - - - Trade and Environment
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-03-12 (All new papers)
- NEP-CSE-2011-03-12 (Economics of Strategic Management)
- NEP-INO-2011-03-12 (Innovation)
- NEP-IPR-2011-03-12 (Intellectual Property Rights)
- NEP-TID-2011-03-12 (Technology & Industrial Dynamics)
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