Kafouros, M, Aliyev, M orcid.org/0000-0002-1457-094X and Krammer, SMS (2021) Do firms profit from patent litigation? The contingent roles of diversification and intangible assets. Research Policy, 50 (6). 104263. ISSN 0048-7333
Abstract
Prior research suggests that firms’ ability to benefit from their technologies is determined by the strength of intellectual property (IP) laws and the inimitability of their technologies. We complement this explanation by suggesting that the generation of profits from technology is also driven by how effectively firms engage in patent infringement litigation (i.e., take legal action against their rivals) to create isolating mechanisms and protect their technologies. We contend that patent infringement litigation is characterized by industry and geographic specificity that affect (disproportionately) revenue generation and costs and, therefore, its net effect on firm profitability. By identifying contingencies that influence the economic returns from patent litigation, the analysis helps us understand why firms experience different profitability outcomes even when they operate in similar IP regimes and possess similar portfolios of technologies.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2021 Elsevier B.V. All rights reserved. This is an author produced version of an article published in Research Policy. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Patent infringement litigation; Performance; Profitability; Internationalization; Intangible assets; Product diversification; International diversification |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > International Business Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 12 Apr 2021 13:40 |
Last Modified: | 12 Oct 2022 00:19 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.respol.2021.104263 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:172937 |