The evolution of patent functions: New trends, main challenges and implications for firm strategy

Pascal Corbel and Christian Le Bas ()
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Pascal Corbel: University of Versailles Saint-Quentin-en-Yvelines (UVSQ), F-78000 Versailles, France
Christian Le Bas: Université de Lyon, Lyon, F-69007, France ; CNRS, GATE Lyon St Etienne,F-69130 Ecully, France

No 1106, Working Papers from Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon

Abstract: Recent publications in the field of Intellectual Property (IP) have shown that the previous literature did not grasp how complex patents are. The goal of this paper is to present an overview of all identified functions of patents and of the main strategic implications of such a complex picture. We first survey the main patent functions : innovation protection, functions related to trade and finance, defensive roles, and patent as an input in the innovation process. We then define each function and analyse their main evolution trends in relation with the current environment. We finally identify the strategic implications of each function. We focus on the implications of the newly identified functions and on the interaction between the different functions.

Keywords: Patent; Intellectual Property; Strategic Management; Functions; Motives to patent (search for similar items in EconPapers)
JEL-codes: F12 F15 F18 Q28 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-cse, nep-ino, nep-ipr, nep-pr~ and nep-tid
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