A Literature Review on the Factors Influencing Patent Propensity
Nnaemeka Vincent Emodi,
Girish Panchakshara Murthy,
Chinenye Comfort Emodi and
Adaeze Saratu Augusta Emodi
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Nnaemeka Vincent Emodi: Department of Economics and Finance, College of Business, Law and Governance, James Cook University, P. O. Box 6811 Cairns, QLD 4870, Australia
Girish Panchakshara Murthy: #x2020;Department of Finance, IBS ICFAI Business School Donthanapally, Hyderabad 501203, Telengana, India
Chinenye Comfort Emodi: #x2021;Department of Computer Science, Michael Okpara University of Agriculture, Umudike, Abia State, Nigeria
Adaeze Saratu Augusta Emodi: #xA7;Faculty of Law, Abia State University Uturu, PMB 2000, Uturu, Abia State, Nigeria
International Journal of Innovation and Technology Management (IJITM), 2017, vol. 14, issue 03, 1-30
This literature review explores the factors influencing a firm’s decision to patent its innovation. From the review of the available literature, some factors were identified which are related to the degree of codification or simplicity of knowledge and characteristics of a company or firm. We discovered that patent propensity vary among firms, industry, and country. The influencing factors on a firm’s patent propensity were discovered to be both internal and external. The literature review will provide assistance to researchers in understanding the factors influencing patent propensity.
Keywords: Patent propensity; patent; firm’s strategy; innovation; imitation; R&D activities (search for similar items in EconPapers)
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