Patent Strategies in the Networked Economy

Martin A. Bader () and Oliver Gassmann ()
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Martin A. Bader: BGW AG Management Advisory Group
Oliver Gassmann: Institute of Technology Management, University of St. Gallen

A chapter in Connected Business, 2021, pp 247-264 from Springer

Abstract: Abstract This article discusses the opportunities and risks that come along with patents in the new tech business. It takes into account several examples from tech companies that experienced lawsuits and conflicts with competitors over inventions in scheme, code, technology, and shape. With the rise of automated monitoring, communication, and travel, companies should prepare for a more aggressive and value-driven patent strategy and fiercer requirements for enforcement of those patents. Be aware, these patents also may cover software and algorithms. It must be said, however, that the right to a patent does grant automatically exclusive use and prevention of imitation, nor freedom of action.

Keywords: Patents; Value-based patenting; Patent value culture; Patent management; Patent licensing; Intellectual property; Computer-implemented inventions; Software patents; Standard essential patent (SEP); Connected business; Networked economy; Internet of things patents; Industry 4.0 patents (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-76897-3_14

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DOI: 10.1007/978-3-030-76897-3_14

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