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000049049 0247_ $$a10.1111/jwip.12277$$2doi
000049049 035__ $$a(OCoLC)1427545253
000049049 040__ $$aSzGeWIPO$$beng$$erda$$cSzGeWIPO$$dCaBNVSL
000049049 041__ $$aeng
000049049 24500 $$aRole of open innovation and patents on strategic decision making.
000049049 264_1 $$a[Hoboken, New Jersey] :$$bJohn Wiley & Sons Ltd,$$c2023
000049049 300__ $$a1 online resource (pages 381-413)
000049049 336__ $$atext$$2rdacontent
000049049 337__ $$acomputer$$2rdamedia
000049049 338__ $$aonline resource$$bcr$$2rdacarrier
000049049 4901_ $$aJournal Of World Intellectual Property,$$x1747-1796 ;$$v26, 3, 2023
000049049 520__ $$aThe fourth industrial revolution, as it is popularly known, is transforming the overall ecosystem of business and is swiftly affecting the structure of organizations with respect to their working strategy. It is leading to enhanced collaboration and cross-application of center-specific fundamentals across various industries. As a result, collaboration and cross-licensing of technologies have become the norm rather than an exception. Open innovation, therefore, plays a critical role in various horizontal applications of industry-specific concepts. As a result, choices such as “keep or sell” or “make or buy” research and development (R&D) supplies have become extremely critical and significant. Therefore, patent-based research is required as an enabling tool for assisting research on an open innovation-based approach. This article projects an in-depth review of the research articles related to various aspects of open innovation and patents and their overall impact on firm performance. This article also suggests an open innovation model that cumulates the role of patents and institutional participation with a focus on firm performance. The impact of open innovation on firm performance is evaluated with respect to variables on market positioning, R&D capacity building with respect to technology lifecycle, the impact of intellectual property, for instance, the existence of valid patents and know-how, and the process of acquisition of technologies by such organizations.
000049049 588__ $$aCrossref
000049049 590__ $$aPublished online: 18-Apr-23
000049049 650_0 $$aPatents.
000049049 650_0 $$aTechnological innovation.
000049049 650_4 $$aIntellectual property
000049049 650_0 $$aPatent licensing.
000049049 650_0 $$aIntellectual property.
000049049 7001_ $$aPatra, Soumya P.,$$eauthor.
000049049 7731_ $$tJournal of World Intellectual Property$$wJWIP
000049049 830_0 $$aJournal Of World Intellectual Property,$$x1747-1796 ;$$v26, 3, 2023
000049049 85641 $$uhttps://doi.org/10.1111/jwip.12277$$yOnline version
000049049 904__ $$aArticle
000049049 980__ $$aJWIP