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.
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: