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2009 | OriginalPaper | Buchkapitel

3. Institutional Contexts, the Management of Patent Portfolios, and the Role of Public Policies Supporting New Entrepreneurial Ventures

verfasst von : Giovanni Battista Dagnino, Arabella Mocciaro Li Destri, Daniela Baglieri

Erschienen in: Public Policies for Fostering Entrepreneurship

Verlag: Springer US

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Abstract

This chapter aims to increase our understanding of the relationships between firm strategies, the design of institutional contexts on behalf of public agents, and the stimulation of diffused entrepreneurship within the economic system. In particular, it analyzes the way in which firm patent portfolio management strategies may systematically hinder the emergence of entrepreneurial endeavors within the economic system and, on this basis, critically discusses how the acknowledgement of these interactions should influence the design of public policies at the economic system level. We argue that in economic contexts where intellectual property rights (IPR) are influential, large firms may intentionally develop and strategically manage wide portfolios of patents in order to purposely pre-empt the rise of direct competition and thwart the efforts of new potential entrepreneurs, rather than merely to protect the fruits of their R&D. This strategy leads to patent proliferation, eventually hindering the emergence of nascent entrepreneurship, thereby preventing the creation of new value in the system. The pre-emptive strategy described may be observed in a variety of contexts in which global firms (such as IBM, Microsoft and other firms in the biotech, nanotech and pharmaceutical industries) tend to aggressively invest in building and protecting wide ranged and overarching patent portfolios directed primarily toward preventing potential competition.

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Fußnoten
1
Such approaches range from the neoclassical approach in economics to the contingency theory to studies conducted in the original population ecology perspective.
 
2
For a detailed treatment of the building blocks and theoretical process underlying the framework proposed, see Mocciaro Li Destri (2005).
 
3
Cf. Bower and Hilgard (1981), Brandshaw et al. (1983), Simon (1985), Mauzy and Harriman (2003), and Maccoby (2003).
 
4
Cf. Schumpeter (1934, 1942), Kirzner (1973, 1979, 1982), Lachmann (1956), and Casson (1982).
 
5
For an application of the model proposed to the institutional contexts which distinguish the software industry, see Mocciaro Li Destri (2006, 2007).
 
6
This description refers essentially to patents and may be applied to copyrights as well. It cannot be applied to trade secrets as these do not imply disclosure nor grant the same level of protection.
 
7
For an analysis of the metallurgic industry in Birmingham, see Berg (1991); for an analysis of the influence of the patent system on innovation rates in Great Britain, Dutton (1984); for an analysis of the effects of a strong patent system in the USA, Sokoloff (1988) and Khan and Sokoloff (1993). Even North (1981, pp. 164–166) suggests that the increase in the innovation rates, which occurred in Great Britain during the eighteenth century, may be explained as a direct consequence of the progressive development of an institutional context in which intellectual property rights are fully developed.
 
8
In a similar vein, see also Moser (2004).
 
9
Cumulative and systemic technologies are those technologies that are composed of a significant number of interconnected components, whose creative evolution is brought forth on the basis of past advancements.
 
10
Kayat and Greenberg (2006) credit Peter Detkin, formerly at Intel and now at Intellectual Ventures, for coining the term troll.
 
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Metadaten
Titel
Institutional Contexts, the Management of Patent Portfolios, and the Role of Public Policies Supporting New Entrepreneurial Ventures
verfasst von
Giovanni Battista Dagnino
Arabella Mocciaro Li Destri
Daniela Baglieri
Copyright-Jahr
2009
Verlag
Springer US
DOI
https://doi.org/10.1007/978-1-4419-0249-8_3

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