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Article
Publication date: 20 April 2020

Wei Liu, Runhua Tan, Zibiao Li, Guozhong Cao and Fei Yu

The purpose of this paper is to investigate the diffusion patterns of knowledge in inspiring technological innovations and to enable monitoring development trends of

Abstract

Purpose

The purpose of this paper is to investigate the diffusion patterns of knowledge in inspiring technological innovations and to enable monitoring development trends of technological innovations based on patent data analysis, thus, to manage knowledge wisely to innovate.

Design/methodology/approach

The notion of knowledge innovation potential (KIP) is proposed to measure the innovativeness of knowledge by the cumulative number of patents originated from its inspiration. KIP calculating formula is regressed in forms of two specific diffusion models by conducting a series of empirical studies with the patent-based indicators involving forward and backward citation numbers to reveal knowledge managing strategies regarding innovative activities.

Findings

Two specific diffusion models for regressing KIP formula are compared by empirical studies with the result indicating the Gompertz model has higher accuracy than the Logistic model to describe the developing curve of technological innovations. Moreover, the analysis of patent-based indicators over diffusion stages also revealed that patents applied at earlier diffusion stages normally has higher forward citation numbers indicating higher innovativeness meanwhile the patents applied at the latter stages usually requiring more knowledge inflows observed by their larger non-patent citation and backward citation amounts.

Originality/value

Although there is a large body of literature concerning knowledge-based technological innovation, there still room for discussing the mechanism of how knowledge diffuses and inspired knowledge. To the best of authors' knowledge, this study is the first attempt to quantitate the innovativeness of knowledge in technological innovation from the knowledge diffusion perspective with findings to support rational knowledge management related to innovation activities.

Details

Journal of Knowledge Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1367-3270

Keywords

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Book part
Publication date: 13 August 2014

Jonas Gabrielsson, Diamanto Politis and Åsa Lindholm Dahlstrand

There has been a significant rise in the number of patents originating from academic environments. However, current conceptualizations of academic patents provide a…

Abstract

There has been a significant rise in the number of patents originating from academic environments. However, current conceptualizations of academic patents provide a largely homogenous approach to define this entrepreneurial form of technology transfer. In this study we develop a novel categorization framework that identifies three subsets of academic patents which are conceptually distinct from each other. By applying the categorization framework on a unique database of Swedish patents we furthermore find support for its usefulness in detecting underlying differences in technology, opportunity, and commercialization characteristics among the three subsets of academic patents.

Details

Academic Entrepreneurship: Creating an Entrepreneurial Ecosystem
Type: Book
ISBN: 978-1-78350-984-3

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Article
Publication date: 25 May 2012

Subba Moorthy

The purpose of this paper is to explore how enhanced and new technological knowledge of firms affects their performance under varying rates of technological change.

Abstract

Purpose

The purpose of this paper is to explore how enhanced and new technological knowledge of firms affects their performance under varying rates of technological change.

Design/methodology/approach

A large‐sample empirical study of US manufacturing firms is used. The main independent variables are measured using firms' patent data. Three hypotheses were developed based on theory and were tested using multivariate regressions. To increase reliability, alternative industry and firm explanators of performance were controlled for.

Findings

It was found that performance effects of enhanced technological knowledge increase with increasing rate of technological change. Effects of each knowledge dimension are found to be non‐linear. New technological knowledge has no independent effect on performance but acts jointly with enhanced knowledge in improving performance under moderate to rapid rates of technological change.

Research limitations/implications

The study is narrow in scope being a fine‐grained analysis of a firm's technological competence. It does not take into account the role of marketing and administrative competence.

Originality/value

This is one of the few studies to disaggregate a firm's total stock of technological knowledge into its enhanced and new components.

Details

Competitiveness Review: An International Business Journal, vol. 22 no. 3
Type: Research Article
ISSN: 1059-5422

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Article
Publication date: 4 November 2014

Adel Moslehi, Henry Linger and Kerry Tanner

The purpose of this paper is to understand the role of k-networks in knowledge creation, as existing literature argues that network structure does not provide sufficient…

Abstract

Purpose

The purpose of this paper is to understand the role of k-networks in knowledge creation, as existing literature argues that network structure does not provide sufficient explanation per se. This paper proposed diversity as an important construct to explain knowledge creation in SMEs’ k-networks.

Design/methodology/approach

First, by reviewing the literature, this paper proposes a hypothesis that predicts a positive association of content and knowledge creation. Then, focusing on patent co-authorship networks of the biotechnology industry in Victoria, this research used an explanatory multiple case study approach to test the formulated hypothesis.

Findings

By introducing new constructs, the results provide more insight on the positive association of knowledge content and knowledge creation. Based on the emergent constructs, rival hypotheses are also developed for further research.

Originality/value

Beyond the role of network structure, which has dominated the knowledge network literature, this research highlights how other factors like knowledge diversity are needed to be consider.

Details

VINE: The journal of information and knowledge management systems, vol. 44 no. 4
Type: Research Article
ISSN: 0305-5728

Keywords

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Article
Publication date: 10 July 2017

Antonello Cammarano, Mauro Caputo, Emilia Lamberti and Francesca Michelino

The purpose of this paper is to provide a patent-based framework for investigating the effect of previous and current open innovation (OI) adoption on firms’ knowledge

Abstract

Purpose

The purpose of this paper is to provide a patent-based framework for investigating the effect of previous and current open innovation (OI) adoption on firms’ knowledge management strategies and type of innovation output.

Design/methodology/approach

Patent data are employed for gauging innovation practices, exploitation vs exploration strategies, specialization vs diversification choices and type of innovation. The study is performed on a sample of 1,280 patents granted to 66 top R&D spending bio-pharmaceutical companies. The year of analysis is 2010.

Findings

The previous recourse to specific innovation practices influences the current practice selection. R&D collaboration, outsourcing and mergers and acquisitions are employed to pursue exploration. Past purchase of patents increases the likelihood to achieve architectural and radical innovation in current activities.

Research limitations/implications

The work recommends the use of patent data to gauge many key elements for knowledge and innovation management. Results exhort scholars to investigate innovation practices at the knowledge domain level in order to detect specific behaviors.

Practical implications

The study provides a methodology for supporting decision-makers in assessing firms’ OI adoption, also performing the benchmark with competitors and R&D partners. Given the high computational effort required for applying the methodology, the authors are planning to give access to the software specifically developed for this study.

Originality/value

The work contributes to the current debate considering the effect of a combination of innovation practices on knowledge management strategies and type of innovation output, with a particular focus on OI activities. Moreover, the separation between the impact of previous and current innovation practices provides useful insights.

Details

Management Decision, vol. 55 no. 6
Type: Research Article
ISSN: 0025-1747

Keywords

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Article
Publication date: 9 January 2017

Francesca Michelino, Antonello Cammarano, Emilia Lamberti and Mauro Caputo

The purpose of this paper is to provide a methodological framework for evaluating the impact of open innovation (OI) adoption on start-up ventures at the knowledge domain…

Abstract

Purpose

The purpose of this paper is to provide a methodological framework for evaluating the impact of open innovation (OI) adoption on start-up ventures at the knowledge domain level, taking into account the technological specialization and the quality of innovation output.

Design/methodology/approach

The framework employs patent data for investigating joint development activities between start-ups and partners, thus defining an openness degree of R&D. The partner typology and the levels of specialization on the knowledge fields affected by each invention are investigated. The methodology is tested on a sample of bio-pharmaceutical start-ups.

Findings

On average, the openness level in the start-up phase is higher than the consolidation one. Furthermore, the higher the level of openness during the start-up phase, the higher the propensity to collaborate with scientific organizations. And yet, the occurrence of R&D collaborations is positively correlated to the level of specialization on the knowledge fields involved in joint development activities.

Practical implications

OI strategies are valuable for start-ups, particularly in the bio-pharmaceutical industry, since their adoption improves the quality of innovation output. This is particularly true when R&D collaborations are established with scientific entities.

Originality/value

This work investigates the impact of OI adoption on start-up ventures at the knowledge domain level, by employing objective and standardized data. Hence, the methodology can be considered as a first step in developing a useful tool for managers, researchers and business analysts.

Details

European Journal of Innovation Management, vol. 20 no. 1
Type: Research Article
ISSN: 1460-1060

Keywords

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Article
Publication date: 29 November 2019

Shu-Hao Chang

As the university–industry collaboration (UIC) gradually attracts the attention of various national governments, the number of studies on UIC has increased substantially…

Abstract

Purpose

As the university–industry collaboration (UIC) gradually attracts the attention of various national governments, the number of studies on UIC has increased substantially. Past UIC studies have mostly focused on investigating the incentives and the motivation for UIC, forms of UIC and performance output of UIC. However, they have not actively identified the key technologies and technology distribution that are conductive to the commercialization of UIC outcomes. Therefore, this study aims to adopt the licensed UIC patents as the basis for analysis and to construct a patent licensing technology network.

Design/methodology/approach

This study focused on licensed patents because past studies have indicated that such patents usually have higher value. Moreover, patent licensing can be seen as the final step for the commercialization of UIC outcomes. Finally, past studies have rarely explored patent examiners’ views on key technologies. However, during the substantive examination of patents, patent examiners often use their background knowledge regarding the technology to include citations to other patented technologies that they consider valuable or indispensable. Therefore, this study focused on investigating the patents recognized and cited by patent examiners and conducted key technology identification.

Findings

The results indicated that past key technologies in UIC focused on surveying, medicine, biochemistry and electric digital data processing; these fields are crucial to the commercialization of key UIC technologies. Finally, the USA, Japan, Sweden and Germany play critical roles in the network of global university–industry cooperation and technology licensing.

Originality/value

Patent examiners’ perspectives were adopted to establish a patent licensing technology network, through which the key technologies that could promote UIC patent licensing were mined. This study can also serve as a reference for resource allocation in university research and development and for governments to promote new technologies.

Details

International Journal of Innovation Science, vol. 11 no. 4
Type: Research Article
ISSN: 1757-2223

Keywords

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Book part
Publication date: 13 August 2007

Tailan Chi and Edward Levitas

This paper applies and empirically tests a real options approach to conceptualizing the value of patents. Based on a theorem derived by Merton (1973), we propose that…

Abstract

This paper applies and empirically tests a real options approach to conceptualizing the value of patents. Based on a theorem derived by Merton (1973), we propose that greater dispersion in the citations of a firm's patents represents greater flexibility for the firm to exercise the option rights embedded in the patents and thus enhances the option value of the patents. A test of this proposition using a sample of 128 US-based biotechnology firms found corroborative results.

Details

Real Options Theory
Type: Book
ISBN: 978-0-7623-1427-0

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Article
Publication date: 6 April 2020

Gabriel Marcuzzo do Canto Cavalheiro, Mariana Brandao Cavalheiro and Sandra Mariano

This article is aimed at improving understanding of the possibilities and implications of using patents as a teaching instrument for universities in developing countries…

Abstract

Purpose

This article is aimed at improving understanding of the possibilities and implications of using patents as a teaching instrument for universities in developing countries in order to enable undergraduate business students to discuss critical issues associated with the commercialization of technological innovations.

Design/methodology/approach

This study is based on an explorative case of an experiential teaching exercise involving undergraduate students addressing the development of business plans addressing the commercialization of patents. In this way, we proposed the POSTE model to provide a pathway to knowledge creation by integrating entrepreneurial competences of entrepreneurship competences with existing practices.

Findings

Given the complex nature of the patenting process, the experiential exercise proposed by this study contributes to enhance IP commercialization capabilities of undergraduate students by simulating decision-making regarding market size, user requirements, product pricing, competitors, substitute products, time-to-market, product production arrangements and strategic use of the terms of a patent.

Research limitations/implications

One limitation of this research involves the impossibility of completely addressing the venture launch gap. Despite the realistic learning experience based on a real patent, as students do not own the intellectual property rights (IPRs) associated with the patents used in the course, it is not possible to implement the business models developed during the course.

Practical implications

Since patent documents are freely available and companies are increasingly dependent on intellectual property (IP) assets to remain competitive, our study provides evidence that patents can provide a rich source of information that can be used to simulate venture creations by taking into consideration economical, strategical, and legal skills needed to bridge the technology commercialization gap.

Social implications

Given the lack of courses addressing intellectual property in the wide majority of Brazilian undergraduate courses, the teaching experience described in this study contributes to raise the sense of urgency for the commercialization of patents among college students, as a means of turning technology into business.

Originality/value

Despite of the growing correlation between IP and competitiveness, teaching methods relying on IP data, such as patents, industrial designs and trademarks, in research institutions located in developing countries have received limited treatment in the extant literature.

Details

Education + Training, vol. 62 no. 7/8
Type: Research Article
ISSN: 0040-0912

Keywords

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Article
Publication date: 1 June 2010

Subba Moorthy and Douglas E. Polley

The purpose of this paper is to explore how the depth and breadth of firms' technological knowledge affect their performance.

Abstract

Purpose

The purpose of this paper is to explore how the depth and breadth of firms' technological knowledge affect their performance.

Design/methodology/approach

An empirical investigation of a sample of US manufacturing firms was conducted. The main independent variables were measured using firms' patent data. Three hypotheses based on theory were developed and tested using multivariate regressions. To increase reliability, alternative industry and firm explanators of performance are controlled.

Findings

The depth and breadth of technological knowledge, rather than total stock, are significantly better at predicting three measures of firm performance that was used in the study – return on invested capital, sales growth, and Tobin's q. The two knowledge dimensions exhibited either independent non‐linear effects or mutually reinforcing effects on each of the three performance measures.

Research limitations/implications

The study is limited to a fine‐grained analysis of effects of technological knowledge. It does not take into account the facilitating role of marketing and administrative knowledge.

Practical implications

Corporate managers need to measure the depth and breadth of their technological knowledge stocks and include them in their planning models. Extreme combinations of depth and breadth need to be corrected and brought into balance.

Originality/value

The paper represents one of the few studies to disaggregate a firm's total stock of technological knowledge into its depth and breadth components.

Details

Journal of Knowledge Management, vol. 14 no. 3
Type: Research Article
ISSN: 1367-3270

Keywords

1 – 10 of 149