Technology and intellectual property strategy of a firm: A view through the commons theory lens

Strategy theory positions technology as a crucial resource of private value creation while commons theory provides governance structures pertinent to resource utilisation. The widening disconnect in the approach towards leveraging a resource and its governance increases the pressure on intellectual...

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Bibliographic Details
Main Authors: Mukundan Raghavan, Karuna Jain, Shishir K. Jha
Format: Article
Language:English
Published: Elsevier 2013-12-01
Series:IIMB Management Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S0970389613000621
Description
Summary:Strategy theory positions technology as a crucial resource of private value creation while commons theory provides governance structures pertinent to resource utilisation. The widening disconnect in the approach towards leveraging a resource and its governance increases the pressure on intellectual property that links strategy and commons. We discern in this work the existence of an implicit relationship between strategy and commons. Based on a multidisciplinary study of strategy, commons, and intellectual property theories, we propose patent pools in the form of semicommons as a strategic appropriation mechanism that balances technology strategy, IP strategy and commons in the pursuit of value creation.
ISSN:0970-3896