Patent management: The prominent role of strategy and organization
Journal article, 2023
The purpose of this article is twofold; to verify the existence of different profiles of firms based on the level of sophistication of their patent management core processes, and to test the impact of the interplay between two patent management supporting dimensions, namely patent strategy and organization for patenting, on the level of sophistication of patent management core processes. The method consists of a survey study, collecting data from a set of European patent management professionals. This data is analyzed with factor analysis, cluster analysis, and regression analysis to test a number of hypotheses. The results show that patent strategy positively and significantly impacts patent management sophistication, and that the patent organization positively moderates this relationship. In other words, a patent strategy, supported by a well-developed patent organization and culture, will positively influence the processes of managing a firm’s patent portfolio. This study is, to our knowledge, the first one to provide quantitative evidence that supports the notion that it is important to take a strategic and organizational perspective of patent management.