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Intellectual property management in R&D intensive firms
by Iraj Daizadeh
International Journal of Intellectual Property Management (IJIPM), Vol. 1, No. 3, 2007

 

Abstract: While the number of Intellectual Property (IP)-intensive Research and Development (R&D) firms has grown exponentially over the last decade, little is known of the various Socio-Technological Infrastructures (STI) used by these firms to facilitate the R&D to IP to Market process. This work contributes to this area by revealing the STI that these firms use to create and appropriate value. Using a brief survey and interviews, our study finds, for example, that STIs have grown organically, in a Penrosian fashion, but that firm-wide IP awareness is required. With these results and a literature survey, we propose a novel IP-specialised integrated liaison coordination device for optimising transaction costs through leveraging highly trained, multi-disciplinary managers in a liaison capacity. The model may be an effective tool for resolving classical interdepartment tensions between technology creation and its commercialisation. A discussion on the limits of the approach and proposals for future research are presented.

Online publication date: Fri, 04-May-2007

 

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