One of the very first comprehensive empirical studies of IP strategies in large corporations is now available here. It was originally published as chapter 7 in Ove Granstrand’s widely recognized book from 1999: The Economics and Management of Intellectual Property. The study is based on the concept of a strategy ladder, enabling the integration of IP strategies laterally across main IPR types and vertically with technology and business strategies. After a survey of a number of advantages and disadvantages of patenting from a corporate perspective, the chapter reviews generic patent strategies and counterstrategies, litigation strategies, secrecy strategies and counterstrategies and other IPR strategies, that can be used jointly in multi-protection. The empirical survey and case studies mainly focus on IP strategies in large Japanese corporations and how they responded to US corporate patent and litigation strategies.

Check out the study to gain further insights into IP strategies that are still relevant today, not the least in light of the evolving IP strategy game between US and China.

Our researcher Marcus Holgersson is currently hosting the 2019 Berkeley summer program at UC Berkeley. The program admits 35 of our high-performing students in Industrial Engineering and Management at Chalmers, and includes studies at UC Berkeley, visits to tech firms in Silicon Valley, and case projects with startups in the area. The program started a couple of weeks ago, and has already included visits to organizations such as Tesla Motors, Volvo Group, Stanford University, Nordic Innovation House, and ETC Labs, an accelerator for blockchain technologies and cryptocurrencies. Much more is to follow! A visit to the baseball game between Oakland A’s and Tampa Bay Rays made a relaxing break after an intense first week. The program runs until mid-August.

In connection to the publication of a new issue of the Stockholm Intellectual Property Law Review, where our researcher Marcus Holgersson serves on the board of directors, a seminar on IP pharma challenges in 2019 was held in Stockholm on June 4, 2019. The seminar covered several important topics, including the use of and uncertainty related to doctrines of equivalents, the opportunities and risks with CRISPR-Cas9 gene editing technologies, and branding and trademarking pharmaceuticals. Much more can be read about these topics in the latest issue of Stockholm Intellectual Property Law Review, available here.

The seminar was followed by a dinner, celebrating the recent graduates of the IP Law master program of Stockholm University. We wish the students best of luck with their future careers in the IP Law field.

Professor Ove Granstrand has during the spring held several fascinating talks on the theme: ”Do patents and innovations contribute to growth and welfare?”

Following up on his first Leverhulme Trust Lecture held in December on the Nobel Laureates in Economics’ work on Technology, IP, Innovation and Growth, Granstrand focused his second talk on presenting some of his own research from his recently published book within the area. The talk covered topics such as the innovation spiral and the links between its variables, the critiques of and motives behind the patent system and some global challenges with the needs for institutional innovations to manage them. Astra’s medical drug Losec and the role of patenting and evergreening strategy in its success was discussed, among other case studies within the medical and telecommunications industries. 

Another talk was delivered by Professor Granstrand at Freie Universität in Berlin on May 28. 

The glossary from Ove Granstrand’s book Evolving Properties of Intellectual Capitalism: Patents and Innovations for Growth and Welfare is now available here. This glossary contains many of the key concepts from the book as well as several other publications from the research group. Make sure to check it out if you are interested to learn more about the field of innovation and intellectual property management!

On May 29 we were happy to host Mingjin Guo from University of Cambridge for a seminar on IP strategy. More specifically, Mingjin presented her PhD research on the coevolution of IP strategy and innovation ecosystems, a topic that is of much interest for our research group (see for example our Long Range Planning publication on this topic here). We thank Mingjin for a very interesting seminar and wish her best of luck with finishing her PhD, before joining Boston Consulting Group in Beijing later this year.

“It will be highly interesting to see what roles innovation and IP will play in this geo-political game.”

A patent’s lifetime ago Ove Granstrand published The Economics and Management of IP, which turned out to be one of the most cited publications in the area. Since then he has worked on another book in the same area, that recently came out: The Evolving Properties of Intellectual Capitalism: Patents and Innovations for Growth and Welfare. Much has happened since then, and much more will happen in the 20 years to come. 

In this new book Ove tries with a Swedish outlook to put innovation and IP in the current context of a global economy, driven as fast as ever by new technologies and innovations with new IP savvy players from Asia joining in the driver’s seat, notably China, building up large portfolios of IP resources along with financial and physical ones. International competition has again turned into competition between economic systems – market-led capitalism as in the US against state-led capitalism as in China. It will be highly interesting to see what roles innovation and IP will play in this geo-political game. More and most importantly however, is to see how innovations and IP can be used to meet all the technology-related global challenges. Will capitalist institutions like markets, entrepreneurship and property rights as we know them be sufficient? Probably not. Will they even be necessary? Most likely, but evolved. So at the same time as the intellectual properties in the capitalist economy evolve, we have to evolve the properties of intellectual capitalism. 

Marcus Holgersson has received the “Teacher of the Year 2018” award from the students of the Industrial Engineering and Management Program for his teaching at Chalmers University of Technology. Marcus teaches courses in Innovation Economics and in Strategic Management and Economics of Intellectual Property. He received the award for his high quality teaching, for his passion for the subject, and for his ambition to make every student understand. He also received recognition for the valuable guest lectures that he organizes.

The motivation follows in Swedish: “Marcus har ett engagemang för sin kurs som smittar av sig på eleverna. Med sin kvalitativa undervisning samt passion för ämnet vill han att alla ska förstå, vilket kommer till uttryck i hans intressanta och inspirerande föreläsningar. Extra plus för de relevanta och givande gästföreläsningar han erbjuder studenterna att ta del av.”

Ove Granstrand has received a Visiting Professorship funded by the Leverhulme Trust for research and teaching at the Centre for Technology Management at University of Cambridge part of the academic year 2018/19. Professor Granstrand will in that connection deliver a number of lectures and seminars at Cambridge and elsewhere in the UK, tutor PhD students and engage in various research collaborations  for developing an interdisciplinary framework for analysis of managerial, economic, and IP legal aspects of  new technologies and innovations.

https://www.ifm.eng.cam.ac.uk/research/ctm/

R&D drives creation of IPRs, IAs, and innovations, in turn driving economic growth and value creation, in turn driving R&D etc.  The problem is how to create and sustain such virtuous “innovation spirals” at micro and macro levels and almost all OECD countries have adopted innovation policies to this end in the 2000s. New technologies, digital ones especially, moreover constantly change the conditions and endogenous dynamics in the innovation spirals. Their generic and recombinant nature give rise to a bewildering array of new multi-technology products, services, applications and business models, based on multiple technologies and IPRs with multiple IPR holders with various business strategies, creating managerial, market and policy challenges. The knowledge about the nature of the relations in these innovation spirals, influencing and influenced by digitalization, is limited. A new research project led by Ove Granstrand in the Innovation and Intellectual Property Research Group aims at increasing that knowledge. Read more about the project here:

Intellectual assets, innovation, growth and value creation and the role of new digital technologies and digital property