Intellectual Property and Licensing Strategies in Open Collaborative Innovation
Book chapter, 2011

Protecting intellectual property and controlling the use of their inventions is key to the strategy of many firms. At the same time, in order to be successful in open collaborative innovation, firms need to share their knowledge with others. This chapter presents, for moderate specialists, some strategic considerations with respect to managing intellectual property in open collaborative innovation. The chapter discusses how licensing strategies can be employed to balance various goals in collaborative efforts to innovate. In particular, licensing of intellectual property is presented as a way to manage protected knowledge that is developed and shared in collaborative innovation. Different elementary licensing schemes are presented. Open collaborative innovation can then consist of various "modules" of elementary licenses. The chapter finally proposes a few distinct strategies for governing knowledge exchange in collaborative innovation, including open exchange and layered schemes, thereby outlining some conditions for successful open collaborative innovation.

Licensing Strategies

Intellectual Property

Open Innovation

Author

Marcel Bogers

University of Southern Denmark

Rudi Bekkers

Eindhoven University of Technology

Ove Granstrand

Chalmers, Technology Management and Economics, Industrial Management and Economics

Open Innovation in Firms and Public Administrations: Technologies for Value Creation. IGI Global, Hershey, USA.

37-58

Subject Categories

Other Mechanical Engineering

Driving Forces

Innovation and entrepreneurship

DOI

10.4018/978-1-61350-341-6.ch003

More information

Latest update

7/17/2019