RETRACTED: Open Innovation in R&D: Co-Patenting With Breakthrough Innovations in Pharma

Bassem E. Maamari and Alfred Osta
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Bassem E. Maamari: Prince Mohammad Bin Fahd University, Saudi Arabia
Alfred Osta: Arab Open University, Lebanon

International Journal of Knowledge Management (IJKM), 2022, vol. 18, issue 1, 1-11

Abstract: Breakthrough innovations are crucial drivers of economic progress, often depending on external knowledge sources to complement internal knowledge. Co-patenting is one way to achieve this by implementing open innovation within research and development. The purpose of this paper is to explore the impact of co-patenting on breakthrough innovations in the pharmaceutical industry. A research question is tested empirically using an archival dataset comprising 866 patents in pharma. The findings show that co-patenting has a significant positive impact on breakthrough innovations. Short of previous investigation, this paper provides new empirical insights on the open innovation and co-patenting levels, leading to both academic and practical implications on the field.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:igg:jkm000:v:18:y:2022:i:1:p:1-11

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