Intellectual property rights, complementarity and the firm's economic performance

Liang Guo-Fitoussi (), Ahmed Bounfour () and Sabrine Rekik ()
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Liang Guo-Fitoussi: RITM - Réseaux Innovation Territoires et Mondialisation - Université Paris-Saclay
Ahmed Bounfour: RITM - Réseaux Innovation Territoires et Mondialisation - Université Paris-Saclay
Sabrine Rekik: RITM - Réseaux Innovation Territoires et Mondialisation - Université Paris-Saclay

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Abstract: This paper analyses the optimal use of formal intellectual property rights (IPR) at the firm level. We examine the impact of combinations of IPR on the firm's productivity in order to study the complementarity or substitution relationship between them. Our data are extracted from two sets of community innovation survey (CIS): CIS IV and CIS 2006. We investigate complementarity (substitution) at two levels: in the context of formal IPR strategies and when they are combined with other intangible and managerial assets based on both adoption and productivity approaches. Mixed results are found for the complementarity of IPR alone. However, in combination with other activities, there is high complementarity with innovative and innovation cooperation variables. These results suggest that IPR strategies should be combined with other complementarity assets for the optimal appropriation of innovation profits.

Keywords: intellectual property rights; IPR; innovation; complementarity; substitution; economic performance; intangible assets (search for similar items in EconPapers)
Date: 2019
Note: View the original document on HAL open archive server: https://hal.science/hal-03427803
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Citations: View citations in EconPapers (3)

Published in International Journal of Intellectual Property Management, 2019, 9 (2), pp.136-165. ⟨10.1504/IJIPM.2019.100213⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03427803

DOI: 10.1504/IJIPM.2019.100213

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