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The evolution of patent functions: New trends, main challenges and implications for firm strategy

Author

Listed:
  • Pascal Corbel

    (University of Versailles Saint-Quentin-en-Yvelines (UVSQ), F-78000 Versailles, France)

  • Christian Le Bas

    (Université de Lyon, Lyon, F-69007, France ; CNRS, GATE Lyon St Etienne,F-69130 Ecully, France)

Abstract

Recent 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.

Suggested Citation

  • Pascal Corbel & Christian Le Bas, 2011. "The evolution of patent functions: New trends, main challenges and implications for firm strategy," Working Papers 1106, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    • Handle: RePEc:gat:wpaper:1106
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    File URL: ftp://ftp.gate.cnrs.fr/RePEc/2011/1106.pdf
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    References listed on IDEAS

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    1. Penin, Julien, 2005. "Patents versus ex post rewards: A new look," Research Policy, Elsevier, vol. 34(5), pages 641-656, June.
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    More about this item

    Keywords

    Patent; Intellectual Property; Strategic Management; Functions; Motives to patent;
    All these keywords.

    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

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