Basic approaches to patent strategy

Patents play a greater role in the economy. The patent strategy is an important tool for creating value and reflects a coordinated effort for developing, managing and using patents to accomplish company's goals. The patent strategy is composed by three dimensions: intent, strategy, and management. The literature considers these elements as independent each others and neglects that some factors could influence them. The study aims at (1) systematising the literature contributions, (2) defining the basic approaches to patent strategy able to suggest a patents strategy policy and establish a relationship among the different patent aspects and (3) studying the dynamics with time.The study, based on the literature analysis and multiple case studies, identifies five basic approaches to patent strategy. The dynamics in approach to patent strategy and affecting factors have been studied based on a case study.

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