TITLE

ANTECEDENTS AND CONSEQUENCES OF PATENT VALUE: A CONCEPTUAL MODEL OF PRODUCT DEVELOPMENT IMPACT

AUTHOR(S)
Malewicki, Debra S.; Sivakumar, K.
PUB. DATE
July 2000
SOURCE
AMA Winter Educators' Conference Proceedings;2000, Vol. 11, p214
SOURCE TYPE
Conference Proceeding
DOC. TYPE
Proceeding
ABSTRACT
To address this important gap in the literature, this article focuses on the factors governing the perceived value of patents and how such perceptions affect the firm's product development strategies. Our model consists of three sets of variables: the perceived value of patents, the variables that are antecedents to the perceived value of patents, and the strategy options that arise from and are influenced by the perceived value of patents. Our model proposes that perceived patent value is a function of four distinct variables: industry characteristics (perceived market potential, industry globalization, and industry turbulence), firm size, patent scope, and patentrelated external factors. Once the firm has an idea about the perceived value of the patent, it must decide on patent development strategies (whether the firm favors independent development or licensing). We propose that industry turbulence and firm size can also have direct influences on the patent development strategy, in addition to their effects via perceived patent value. We also argue that once the basic development decision has been made, the perceived patent value will impact subsequent decisions on propensity to license the product or develop it independently.
ACCESSION #
10561568

 

Related Articles

  • Patents. Fox, Barry // New Scientist;06/13/98, Vol. 158 Issue 2138, p7 

    Presents recently patented ideas as of June 13, 1998. Aroma-emitting television and computers by Ricoh of Japan; Alternating speeds at which a movie is recorded patented by Robert Weisgerber of New York; Effect of alternating speeds; Toothbrush with variable heads patented by Michael Sotirakis...

  • PATENTS. Fox, Barry // New Scientist;9/29/2001, Vol. 171 Issue 2310, p21 

    Presents products with pending patents as of September 29, 2001. Proposed binoculars with image sensors that send moving pictures to a memory chip; Geneticware's development of an innovative way to keep Internet messages secret; University of Bristol's development of electrodes that could give...

  • ASK JEFF ABOUT. Sheldon, Jeffrey G. // Inventors' Digest;Jul2014, Vol. 30 Issue 7, p22 

    The article presents an answer to question related to product development and claiming of patent right.

  • New Product Development and the Optimal Duration of Patents. Chien-Fu Chou; Shy, Oz // Southern Economic Journal;Jan91, Vol. 57 Issue 3, p811 

    Economists and policy makers have always argued that the patent system is necessary for a growing economy despite the fact that temporary monopoly rights to innovators imply a distortion of the price system. However, economists have not yet come up with a unified theory to determine the optimal...

  • Triclosan-containing Medical Devices.  // Nonwovens Industry;Jun2004, Vol. 35 Issue 6, p75 

    Reports that a polymeric medical article that has been impregnated with a treatment solution comprising of chlorhexidine, from the Trustees of Columbia University, has been patented in 2004.

  • Time might (or might not) be on your side: Laches survives as a defense in patent infringement suits. Huber, Benjamin R. // Inside Counsel (SyndiGate Media Inc.);10/8/2015, p1 

    The article reports that a patent infringement suit can threaten the plan to develop a popular product and successfully sell that product for years to an ever-growing customer base.

  • Patents must clearly identify the inventors. Fenwick, Mike // Canadian Chemical News;Nov/Dec2013, Vol. 65 Issue 6, p15 

    The article offers the author's insights on patent law and the patentable subject matter. The author says that patent can be obtained for new, inventive, and useful products and invention should have patentable subject matter as the final critical requirement for patentability. He mentions that...

  • Successful product launch requires patent protection. Boyd, Damon // Inside Tucson Business;4/28/2003, Vol. 12 Issue 46, p7 

    Discusses the need to consider patent protection when launching a product in the U.S. Patent issues that need to be addressed; Preservation of U.S. patent rights; Prevention of possible infringement charges; Preparations for patent application; Identification of potentially problematic patents.

  • ASK THE COMMISH. Doll, John // Inventors' Digest;Jun/Jul2007, Vol. 23 Issue 3, p9 

    The article presents a response to a question related to the U.S. patent system. The author explains that there was a requirement that the applicant for a patent provide a written description of the invention and an exact model of the invention as early as the first patent statute of April 1790....

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics