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Open Innovation in R&D: Co-Patenting With Breakthrough Innovations in Pharma

Author

Listed:
  • Bassem E. Maamari

    (Prince Mohammad Bin Fahd University, Saudi Arabia)

  • Alfred Osta

    (Arab Open University, Lebanon)

Abstract

Breakthrough innovations are crucial drivers of economic progress, often depending on external knowledge sources to complement internal knowledge. Co-patenting is one way to achieve this by implementing open innovation within research and development. The purpose of this paper is to explore the impact of co-patenting on breakthrough innovations in the pharmaceutical industry. A research question is tested empirically using an archival dataset comprising 866 patents in Pharma. The findings show that co-patenting has a significant positive impact on breakthrough innovations. Short of previous investigation, this paper provides new empirical insights on the open innovation and co-patenting levels, leading to both academic and practical implications on the field.

Suggested Citation

  • Bassem E. Maamari & Alfred Osta, 2022. "Open Innovation in R&D: Co-Patenting With Breakthrough Innovations in Pharma," International Journal of Knowledge Management (IJKM), IGI Global, vol. 18(1), pages 1-11, January.
    • Handle: RePEc:igg:jkm000:v:18:y:2022:i:1:p:1-11
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    File URL: http://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/IJKM.296261
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    References listed on IDEAS

    as
    1. Schoenmakers, Wilfred & Duysters, Geert, 2010. "The technological origins of radical inventions," Research Policy, Elsevier, vol. 39(8), pages 1051-1059, October.
    2. Belderbos, René & Cassiman, Bruno & Faems, Dries & Leten, Bart & Van Looy, Bart, 2014. "Co-ownership of intellectual property: Exploring the value-appropriation and value-creation implications of co-patenting with different partners," Research Policy, Elsevier, vol. 43(5), pages 841-852.
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    Cited by:

    1. YongChan Kim & Erdal Atukeren & YeonWoo Lee, 2022. "A New Digital Value Chain Model with PLC in Biopharmaceutical Industry: The Implication for Open Innovation," JOItmC, MDPI, vol. 8(2), pages 1-18, March.

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