Benefits of Persistence in Aspects of Patenting Strategy
Keywords:
persistence, patenting strategy, patent thickets, firms#x2019; performance
Abstract
Although some firms followed persistent patterns of patenting activity over time, results from the technology-intensive electronics industry indicated that patenting may have only a fungible competitive effect, i.e., frequent patenting has become an activity that raises the ticket of admission to compete therein without necessarily improving firms' relative financial returns. Results also suggested that persistence in filing many patents was helpful to improving performance within electronics, as was having radical patent antecedents. Having aboveaverage numbers of uncited patents was associated with an external indicator of firms' efforts to amass patent thickets and associated with increasing firm profitability. Resource recommendations from results are mixed since patenting persistence has an effect on performance, but some types of patenting activity appear to have diminishing returns.
Downloads
- Article PDF
- TEI XML Kaleidoscope (download in zip)* (Beta by AI)
- Lens* NISO JATS XML (Beta by AI)
- HTML Kaleidoscope* (Beta by AI)
- DBK XML Kaleidoscope (download in zip)* (Beta by AI)
- LaTeX pdf Kaleidoscope* (Beta by AI)
- EPUB Kaleidoscope* (Beta by AI)
- MD Kaleidoscope* (Beta by AI)
- FO Kaleidoscope* (Beta by AI)
- BIB Kaleidoscope* (Beta by AI)
- LaTeX Kaleidoscope* (Beta by AI)
How to Cite
References
Ashish Arora, Sharon Belenzon, Andrea Patacconi (2018) The decline of science in corporate R&D. 39(1), 3-32.
Gautam Ahuja, Riitta Katila (2001) Technological acquisitions and the innovation performance of acquiring firms: a longitudinal study. 22(3), 197-220.
N Brinn, J Fleming, F Hannaka, C Thomas, P Beling (2003) Investigation of forward citation count as a patent analysis method. 1-6.
Matthieu Eecke, Daan Coppens, Christoph Kenis, Pascale Paepe, Tom Vauterin, Frederick Dochy (2016) Excision of a PIK3CA Mutated Laryngeal Venous Malformation by TransOral Robotic Surgery (TORS). 1-5.
Michael Cooper, Anne Knott, Wenhao Yang (2019) Measuring Innovation.
K Dahlin, D Behrens (2005) When is an invention really radical? Defining and measuring technological radicalness. 34, 717-737.
G De Rassenfosse, A Jaffe (2018) Are patent fees effective at weeding out low-quality patents. 27(1), 134-148.
M Entezarkheir (2017) Patent thickets, defensive patenting, and induced R&D: an empirical analysis of the costs and potential benefits of fragmentation in patent ownership. 52(2), 599-634.
Alfonso Gambardella, Dietmar Harhoff, Bart Verspagen (2017) The economic value of patent portfolios. 26(4), 735-756.
Martin Ganco, Rosemarie Ziedonis, Rajshree Agarwal (2015) More stars stay, but the brightest ones still leave: Job hopping in the shadow of patent enforcement. 36(5), 659-685.
P Ghemawat (1986) Sustainable advantage. 64(5), 53-58.
B Hall, A Jaffe, M Trajtenberg (2001) The NBER patent citations data file: Lessons, insights and methodological tools.
Kathryn Harrigan, Maria Diguardo (2017) Sustainability of patent-based competitive advantage in the U.S. communications services industry. 42(6), 1334-1361.
Kathryn Harrigan, Maria Di Guardo, Bo Cowgill (2017) Multiplicative-innovation synergies: tests in technological acquisitions. 42(5), 1212-1233.
Kathryn Harrigan, Maria Di Guardo, Elona Marku, Brian Velez (2016) Using a distance measure to operationalise patent originality. 29(9), 988-1001.
K Harrigan, Y Fang (2019) The financial benefits of persistently high forward citations.
Deepak Hegde, David Mowery, Stuart Graham (2009) Pioneering Inventors or Thicket Builders: Which U.S. Firms Use Continuations in Patenting?. 55(7), 1214-1226.
U Kaiser, H Kongsted, K Laursen, A Ejsing (2018) Experience matters: The role of academic scientist mobility for industrial innovation. 39(7), 1935-1958.
Michael Cooper, Anne Knott, Wenhao Yang (2019) RQ Innovative Efficiency and Firm Value. 57(5), 1649-1694.
Ziqiu Zang, Chiara Di Guardo, Elona Marku, Jesse Kaplan, S, K Vekili (2015) The double-edged sword of recombination in breakthrough innovation. 36, 1435-1457.
Ji Kim, H Steensma (2017) Employee mobility, spin‐outs, and knowledge spill‐in: How incumbent firms can learn from new ventures. 38(8), 1626-1645.
T Madsen, M Leiblein (2015) What factors affect the persistence of an innovation advantage. 52(8), 1097-1127.
Anita Mcgahan, Michael Porter (1997) HOW MUCH DOES INDUSTRY MATTER, REALLY?. 18(S1), 15-30.
A Mcgahan, M Porter (1999) The persistence of shocks to profitability. 81(1), 143-154.
Michael Noel, Mark Schankerman (2013) Strategic Patenting and Software Innovation. 61(3), 481-520.
Margaret Peteraf (1993) The cornerstones of competitive advantage: A resource‐based view. 14(3), 179-191.
M Porter (1980) Competitive Strategy: Techniques for Analyzing Industries and Competitors.
Phanish Puranam, Kannan Srikanth (2007) What they know vs. what they do: how acquirers leverage technology acquisitions. 28(8), 805-825.
Peter Roberts (1999) Product innovation, product-market competition and persistent profitability in the U.S. pharmaceutical industry. 20(7), 655-670.
P Roberts, G Dowling (2002) Corporate reputation and sustained superior financial performance. 23(12), 1077-1093.
Timothy Ruefli, Robert Wiggins (2003) Industry, corporate, and segment effects and business performance: a non‐parametric approach. 24(9), 861-879.
Timothy Ruefli, Robert Wiggins (2005) Response to McGahan and Porter's commentary on 'Industry, corporate and business‐segment effects and business performance: a non‐parametric approach'. 26(9), 881-886.
Rachelle Sampson (2005) Experience effects and collaborative returns in R&D alliances. 26(11), 1009-1031.
Susan Sanderson, Kenneth Simons (2014) Light emitting diodes and the lighting revolution: The emergence of a solid-state lighting industry. 43(10), 1730-1746.
Wilfred Schoenmakers, Geert Duysters (2010) The technological origins of radical inventions. 39(8), 1051-1059.
Joshua Sears, Glenn Hoetker (2014) Technological overlap, technological capabilities, and resource recombination in technological acquisitions. 35(1), 48-67.
Carl Shapiro (2001) Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard-Setting.
(2006) Innovation Policy and the Economy.
Christian Sternitzke (2013) An exploratory analysis of patent fencing in pharmaceuticals: The case of PDE5 inhibitors. 42(2), 542-551.
Toby Stuart (2000) Interorganizational alliances and the performance of firms: a study of growth and innovation rates in a high-technology industry. 21(8), 791-811.
David Teece, Gary Pisano, Amy Shuen (1997) Dynamic capabilities and strategic management. 18(7), 509-533.
Aleksey Mihaylov (2017) Portfolio management at Thomson Reuters.
S Torrisi, A Gambardella, P Giuri, D Harhoff, K Hoisl, M Mariani (2016) Used, blocking and sleeping patents: Empirical evidence from a largescale inventor survey. 45(7), 1374-1385.
D Verhoeven, J Bakker, R Veugelers (2016) Measuring technological novelty with patent-based indicators. 45(3), 707-723.
Birger Wernerfelt (1984) A resource‐based view of the firm. 5(2), 171-180.
Published
2020-10-09
Issue
Section
License
Copyright (c) 2020 Authors and Global Journals Private Limited
This work is licensed under a Creative Commons Attribution 4.0 International License.