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Protecting Innovation (Effectiveness and Use of protective mechanisms…
Protecting Innovation
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Factors influencing benefits of protection vs, diffusion
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How valuable is architectural control to the firm? Does it have a major stake in complements for the tech?
Patents, Trademarks and Copyrights
Patents
rights granted by the government that excludes others from producing, using, or selling an invention
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Types of patents:
Utility patents: protect new and useful processes, machines, manufactured items or combination of materials
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Patent Strategies
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sometimes firms seek patents just to limit the options of competitors, or to earn revenues through aggressive patent lawsuits -> patent trolling (e.g. apply target of patent trolls)
firms sometimes buy bundles of patents just to create a "war chest" to defend themselves from lawsuits by offering a credible threat of retaliation
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Patent Laws around the world: Countries have their own law regarding patent protection. Some treaties seek to harmonize these laws
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