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dc.contributor.authorBelderbos, Rene
dc.contributor.authorCassiman, Bruno
dc.contributor.authorFaems, Dries
dc.contributor.authorLeten, Bart
dc.contributor.authorVan Looy, Bart
dc.date.accessioned2017-12-02T14:52:46Z
dc.date.available2017-12-02T14:52:46Z
dc.date.issued2014
dc.identifier.doi10.1016/j.respol.2013.08.013
dc.identifier.urihttp://hdl.handle.net/20.500.12127/4970
dc.description.abstractCombining both interview data and empirical analyses at the patent and firm levels, we explore the value-appropriation and value-creation implications of R&D collaboration resulting in the co-ownership of intellectual property (i.e. co-patents). We make an explicit distinction between three different types of co-patenting partners: intra-industry partners, inter-industry partners, and universities. Our findings indicate that the value-appropriation challenges of IP sharing are clearly evident with intra-industry co-patenting, where partners are more likely to encounter overlapping exploitation domains. Co-patenting with universities is associated with higher market value, since appropriation challenges are unlikely to play a role and collaboration may signal novel technological opportunities. Although we find some evidence that co-patenting corresponds to higher (patent) value, patents co-owned with firms are significantly less likely to receive self-citations, indicating constraints on the future exploitation and development of co-owned technologies.
dc.language.isoen
dc.subjectOperations & Supply Chain Management
dc.subjectCo-Ownership
dc.subjectCo-Patenting
dc.subjectIntellectual Property
dc.subjectValue Creation
dc.subjectValue Appropriation
dc.subjectOpen Innovation
dc.titleCo-ownership of intellectual property: Exploring the value-appropriation and value-creation implications of co-patenting with different partners
dc.identifier.journalResearch Policy
dc.source.volume43
dc.source.issue5
dc.source.beginpage841
dc.source.endpage852
dc.contributor.departmentKU Leuven
dc.contributor.departmentUNU-MERIT & Maastricht University, The Netherlands
dc.contributor.departmentIESE Business School, Spain
dc.contributor.departmentCEPR, UK
dc.contributor.departmentUniversity of Groningen, The Netherlands
dc.contributor.departmentFWO Flanders, Belgium
dc.contributor.departmentIGS, University of Twente, The Netherlands
vlerick.knowledgedomainOperations & Supply Chain Management
vlerick.typearticleVlerick strategic journal article
vlerick.vlerickdepartmentTOM
dc.identifier.vperid107695
dc.identifier.vperid140442
dc.identifier.vperid76609
dc.identifier.vperid130810
dc.identifier.vperid28099
dc.identifier.vpubid6058


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