IDEAS home Printed from https://ideas.repec.org/p/vuw/vuwmba/19659.html
   My bibliography  Save this paper

Awareness and Perception of Intellectual Property Rights and its processes in New Zealand – The disconnect between innovation and commercialisation, a study based on the Students at Victoria University’s School of Design

Author

Listed:
  • Hill, Martina

Abstract

In New Zealand intellectual property (IP) is seen as an economic driver, however in recent years patent applications have plateaued and design applications decreased in comparison to the previous years. A review of the New Zealand IP system suggested raising IP awareness through education. Students studying at the School of Design at Victoria University create new IP on a daily basis; however currently the school plays no active role in providing IP information to its students. A survey conducted with media and industrial design students confirmed that students have only a basic understanding about IP rights and have not necessarily the knowledge or understanding on how to protect their IP. Most of the time registering a patent requires external investment, disclosure of the IP to other parties as well as getting lawyers involved to ensure the process is followed appropriately. The research identified that there are two succinct parts to the IP protection process. The first is about making an informed decision about whether and how to protect the IP and the second part of actually taking actions to protect the IP. The first part is particularly important for students to decide if they want to continue with the second part, where patent attorneys need to get involved in particular for patent applications. It is recommended that the School of Design lead an initiative with its stakeholders to raise not only awareness, but also understanding by making the first part of the IP protection process part of the overall design process and IP in general part of the curriculum. This will encourage students to think actively about IP rights. They will learn how to make informed decisions about their IP, which is not only beneficial for the students, but also for patent attorneys, IPONZ as well as students’ future employers and the New Zealand economy.

Suggested Citation

  • Hill, Martina, 2014. "Awareness and Perception of Intellectual Property Rights and its processes in New Zealand – The disconnect between innovation and commercialisation, a study based on the Students at Victoria Universit," MBA Research Papers 19659, Victoria University of Wellington, School of Management.
  • Handle: RePEc:vuw:vuwmba:19659
    as

    Download full text from publisher

    File URL: https://ir.wgtn.ac.nz/handle/123456789/19659
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Gould, David M. & Gruben, William C., 1996. "The role of intellectual property rights in economic growth," Journal of Development Economics, Elsevier, vol. 48(2), pages 323-350, March.
    2. Derek Bosworth & Mark Rogers, 2001. "Market Value, R&D and Intellectual Property: An Empirical Analysis of Large Australian Firms," The Economic Record, The Economic Society of Australia, vol. 77(239), pages 323-337, December.
    3. Stanley M. Besen & Leo J. Raskind, 1991. "An Introduction to the Law and Economics of Intellectual Property," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 3-27, Winter.
    4. Bosworth, Derek & Rogers, Mark, 2001. "Market Value, R&D and Intellectual Property: An Empirical Analysis of Large Australian Firms," The Economic Record, The Economic Society of Australia, vol. 77(239), pages 323-337, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hill, Martina, 2014. "Awareness and Perception of Intellectual Property Rights and its processes in New Zealand – The disconnect between innovation and commercialisation, a study based on the Students at Victoria Univers," MBA Research Papers 5628, Victoria University of Wellington, School of Management.
    2. Po-Hsuan Hsu & Dongmei Li & Qin Li & Siew Hong Teoh & Kevin Tseng, 2022. "Valuation of New Trademarks," Management Science, INFORMS, vol. 68(1), pages 257-279, January.
    3. Nasirov, Shukhrat, 2020. "Trademark value indicators: Evidence from the trademark protection lifecycle in the U.S. pharmaceutical industry," Research Policy, Elsevier, vol. 49(4).
    4. Block, Joern H. & De Vries, Geertjan & Schumann, Jan H. & Sandner, Philipp, 2014. "Trademarks and venture capital valuation," Journal of Business Venturing, Elsevier, vol. 29(4), pages 525-542.
    5. Sandner, Philipp G. & Block, Joern, 2011. "The market value of R&D, patents, and trademarks," Research Policy, Elsevier, vol. 40(7), pages 969-985, September.
    6. Garcia-Meca, Emma & Martinez, Isabel, 2007. "The use of intellectual capital information in investment decisions: An empirical study using analyst reports," The International Journal of Accounting, Elsevier, vol. 42(1), pages 57-81.
    7. Glenn Withers & Amanda Denniss, 2009. "Innovation Financing and Use of Income Contingent Loans," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 12(2), pages 145-165.
    8. Ventsislava Nikolova-Minkova, 2022. "Bulgarian and Foreign Trademark Activity in Bulgaria and Bulgarian Trademark Activity Abroad for the Period 2000-2019," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 173-196.
    9. Andrés, Antonio R. & Goel, Rajeev K., 2012. "Does software piracy affect economic growth? Evidence across countries," Journal of Policy Modeling, Elsevier, vol. 34(2), pages 284-295.
    10. Efstathios G. Parcharidis & Nikos C. Varsakelis, 2010. "R&D and Tobin's q in an emerging financial market: the case of the Athens Stock Exchange," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 31(5), pages 353-361.
    11. Jun Hong Park & Hyunseog Chung & Ki Hong Kim & Jin Ju Kim & Chulung Lee, 2021. "The Impact of Technological Capability on Financial Performance in the Semiconductor Industry," Sustainability, MDPI, vol. 13(2), pages 1-20, January.
    12. Crass, Dirk, 2020. "Which firms use trademarks? Firm-level evidence from Germany on the role of distance, product quality and innovation," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 27(7), pages 730-755.
    13. Duong Phuong Thao Pham & Thi Cam Ha Huynh, 2020. "The Impact of Trade Credit Investment on Manufacturing Firms' Profitability: Evidence from Vietnam," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 68(4), pages 775-796.
    14. Sumner J. La Croix & Denise Eby Konan, 2002. "Intellectual Property Rights in China: The Changing Political Economy of Chinese–American Interests," The World Economy, Wiley Blackwell, vol. 25(6), pages 759-788, June.
    15. Byung S. Min & Russell Smyth, 2016. "How does leverage affect R&D intensity and how does R&D intensity impact on firm value in South Korea?," Applied Economics, Taylor & Francis Journals, vol. 48(58), pages 5667-5675, December.
    16. Nicolas van Zeebroeck, 2011. "The puzzle of patent value indicators," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(1), pages 33-62.
    17. SooGeun Ahn & Jeewhan Yoon & YoungJun Kim, 2018. "The innovation activities of small and medium-sized enterprises and their growth: quantile regression analysis and structural equation modeling," The Journal of Technology Transfer, Springer, vol. 43(2), pages 316-342, April.
    18. Yu-Shan Chen & Chun-Yu Shih, 2011. "Re-examine the relationship between patents and Tobin’s q," Scientometrics, Springer;Akadémiai Kiadó, vol. 89(3), pages 781-794, December.
    19. Stephen Petrie & Mitchell Adams & Ben Mitra‐Kahn & Matthew Johnson & Russell Thomson & Paul Jensen & Alfons Palangkaraya & Elizabeth Webster, 2020. "TM‐Link: An Internationally Linked Trademark Database," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 53(2), pages 254-269, June.
    20. Paul H. Jensen & Elizabeth Webster, 2004. "Examining Biases in Measures of Firm Innovation," Melbourne Institute Working Paper Series wp2004n10, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vuw:vuwmba:19659. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Library Technology Services (email available below). General contact details of provider: https://edirc.repec.org/data/fcvuwnz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.