The conflict between U.S. patent protection and technological innovation

Wade M. Chumney, David Wasieleski and E Günter Schumacher ()
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Wade M. Chumney: CSUN - California State University [Northridge]
David Wasieleski: ICN Business School, Duquesne University [Pittsburgh]
E Günter Schumacher: ICN Business School, CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine

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Abstract: Criticisms of patent laws for technological innovations in the United States reveal a multifaceted milieu of problems centered around the protection of short-term economic gain and individual property rights. In this article, we consider this a conflict between current patent laws and the innovation capabilities of organizations. We propose a solution that enables the company to assure its long-term survival in the face of these restrictions. This presumes that the firm will at least maintain its innovation capacities while preserving the company's ethical values and those of its social environment. We offer a theoretical model that is designed to help managers and policymakers reorient their governance strategies for managing the innovation process, using the "ethics of responsibility," which establishes the link to individual moral values at the beginning of a governance process as well as the consequences of a decision. Our integrated causal model of ethical innovation for patents is presented and implications for global organizations and possible solutions for patent law process failure are offered.

Keywords: technological innovation; patent protection; conflict; U.S. (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-cse, nep-ino and nep-ipr
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Published in Business and Society Review, 2017, Volume 122 (Issue 4), pp.531-555. ⟨10.1111/basr.12130⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01768893

DOI: 10.1111/basr.12130

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