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Dec 16, 2023 104 likes •222 views

Intellectual Property Rights: A Few Thoughts from an Entrepreneurship and Organizational Learning Perspective Andreas Schwab Department of Management Iowa State University Visiting Fulbright Senior Scholar Institute of Technology Bandung

SLIDE 1

Intellectual Property Rights: A Few Thoughts from an Entrepreneurship and Organizational Learning Perspective

Andreas Schwab

Department of Management Iowa State University Visiting Fulbright Senior Scholar Institute of Technology Bandung

Presentation BINUS University, Jakarta 2013

SLIDE 2

An Up-Hill Battle

Innovation is not only the process of creating Innovation is not only the process of creating something new, but simultaneously the something new, but simultaneously the destruction of something old. destruction of something old. Innovation as creative destruction. Innovation as creative destruction.

Joseph Schumpeter Joseph Schumpeter (1883-1950) (1883-1950)

SLIDE 3

Some challenges are justified...

Many innovative ideas turn out to be dead ends ...

Pharmaceutical Research

http://www.clinical-trials-info.com/drug- http://www.clinical-trials-info.com/drug- discovery-trends discovery-trends

Total: 15 years

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Some Challenges are justified...

Many other innovative ideas turn out to be less valuable than expected

Very similar solution already exists
Functionally different superior solution exists
Execution and implementation not feasible
... sometimes "not yet"

Magnetic Resonance Magnetic Resonance Imaging (MRI) Imaging (MRI) 1932 - 1970 1932 - 1970

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Other challenges not so justified

Inferior product supported by powerful competitors

Access to distribution channels
Economies of scale

Inferior product supported by powerful institutional norms

Governmental certification
Strong social and behavioral norms

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How can IP help?

Patent database enables novelty evaluations

Patent search during invention process
Patent search after invention process

Patents increase legitimacy of innovating entrepreneurs

Financial support
Customer support

Patents protect innovators against imitation by

thers
Powerful competitors
Powerful customers

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But increasingly IP does not help

Intransparency of patent databases

Globalization
Provisional patent filings
Back-lock of patent applications
Limited scrutiny by some patent offices (e.g., US)

Enforceability of patent rights

Globalization
Costly and unpredictable litigation processes (e.g., US)

Predatory use of patent system

Patent trolls
Defensive patent-based strategies by powerful incumbents

SLIDE 8

Patent System Needs Fixing

National Level

Money talks (e.g., US stagnant budget for patent office)
Better focus of economic policy (e.g., soft infrastructure

matters)

International or Global Level

Harmonized patenting processes
International enforcement

Opportunity to "revolutionize" patent system

SLIDE 9

Organizational knowledge management instrument

Patents
Trade secrets
Limited access
Open access

Traditional knowledge management approaches of organizations are challenged by

Rapid globalization
Continuing advances

in information technology

Patent System and Knowledge Management Strategies

IP/Patent-related issues and solutions are only one part of bigger puzzle.

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Intellectual Property Rights: A Few Thoughts from an Entrepreneurship and Organizational Learning Perspective

Andreas Schwab

Department of Management Iowa State University Visiting Fulbright Senior Scholar Institute of Technology Bandung

Presentation BINUS University, Jakarta 2013