What impact does intellectual property have on the business performance of technology firms?

This paper reports the results of an original empirical study of the relationship between intellectual property and the financial performance of technology firms in the bioscience-technology industries. The study found a statistically significant positive relationship between the firms’ investments...

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Main Author: Willoughby, Kelvin
Format: Journal Article
Published: Inderscience 2013
Online Access:http://hdl.handle.net/20.500.11937/34049
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author Willoughby, Kelvin
author_facet Willoughby, Kelvin
author_sort Willoughby, Kelvin
building Curtin Institutional Repository
collection Online Access
description This paper reports the results of an original empirical study of the relationship between intellectual property and the financial performance of technology firms in the bioscience-technology industries. The study found a statistically significant positive relationship between the firms’ investments in intellectual property and their performance. The performance measure was based upon revenue-growth data collected from each firm, and the categories of intellectual property analysed included patents, trade secrets, trademarks, copyright and licenses to externally sourced technology. This study also found that the financial benefits of accumulating a strong intellectual property portfolio were enjoyed by technology firms regardless of whether they were strategically oriented towards R&D or strategically oriented towards the commercial production of products and services.
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spelling curtin-20.500.11937-340492017-09-13T15:07:15Z What impact does intellectual property have on the business performance of technology firms? Willoughby, Kelvin This paper reports the results of an original empirical study of the relationship between intellectual property and the financial performance of technology firms in the bioscience-technology industries. The study found a statistically significant positive relationship between the firms’ investments in intellectual property and their performance. The performance measure was based upon revenue-growth data collected from each firm, and the categories of intellectual property analysed included patents, trade secrets, trademarks, copyright and licenses to externally sourced technology. This study also found that the financial benefits of accumulating a strong intellectual property portfolio were enjoyed by technology firms regardless of whether they were strategically oriented towards R&D or strategically oriented towards the commercial production of products and services. 2013 Journal Article http://hdl.handle.net/20.500.11937/34049 10.1504/IJIPM.2013.057634 Inderscience fulltext
spellingShingle Willoughby, Kelvin
What impact does intellectual property have on the business performance of technology firms?
title What impact does intellectual property have on the business performance of technology firms?
title_full What impact does intellectual property have on the business performance of technology firms?
title_fullStr What impact does intellectual property have on the business performance of technology firms?
title_full_unstemmed What impact does intellectual property have on the business performance of technology firms?
title_short What impact does intellectual property have on the business performance of technology firms?
title_sort what impact does intellectual property have on the business performance of technology firms?
url http://hdl.handle.net/20.500.11937/34049