Managing intellectual property potential of enterprises with regard to sustainable development priorities
DOI:
https://doi.org/10.51599/is.2023.07.02.12Keywords:
potential, intellectual property, management, sustainable development, innovations.Abstract
Purpose. The aim of this research is to justify conceptual and methodological approaches to managing the intellectual property potential of enterprises, taking into account the principles of sustainable development.
Results. The article examines approaches to managing the intellectual property potential of enterprises with a focus on the principles of sustainable development; we assessed and analyzed the level of intellectual property potential of innovatively active enterprises in Ukraine. The methodological and methodical developments presented in the work contribute to improving the system of managing intellectual property potential. As a result of the research, the concept of “the intellectual property potential” has been developed, and the classification and principles of managing the intellectual property potential of an industrial enterprise have been improved. Factors influencing its formation and use is grouped. A structural-analytical model for improving the management of intellectual property potential is proposed, as well as a method for analyzing the dynamics of its formation and utilization in an industrial enterprise.
Scientific novelty. The essence of the concept of “intellectual property potential of an industrial enterprise” is clarified – a set of opportunities that arise as a result of the creation, development and use of intellectual property objects (such as inventions, trademarks, copyrights, patents, etc.) in order to ensure competitiveness, innovative and sustainable development of the organization or enterprise. This potential includes not only legal rights to intellectual property objects but also opportunities for their commercial use, exchange, licensing, and other strategic aspects aimed at maximizing the value of these objects for the enterprise. Furthermore, approaches to managing the intellectual property potential of an enterprise have been delineated on a systemic-functional basis.
Practical value. The identified approaches to managing the intellectual property potential of an industrial enterprise can be applied to establish goals for the formation and development of intellectual property potential, organize measures for its practical use, motivate employees of the enterprise to develop and implement intellectual property potential, and develop mechanisms for controlling and regulating this potential.
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References
Kingston, W. (2003). Unlocking the potential of intellectual property. In O. Granstrand (ed), Economics, Law and Intellectual Property (pp. 311–329). Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-3750-9_14.
Andersen, B., & Konzelmann, S. (2008). In search of a useful theory of the productive potential of intellectual property rights. Research Policy, 37(1), 12–28. https://doi.org/10.1016/j.respol.2007.02.024.
Modic, D., Hafner, A., Damij, N., & Zajc, L. C. (2019). Innovations in intellectual property rights management: their potential benefits and limitations. European Journal of Management and Business Economics, 28(2), 189–203. https://doi.org/10.1108/EJMBE-12-2018-0139.
Maxwell, S. J., & Underdown, M. (2022). A potential intellectual property issue with the way in which some nomenclature code decisions are made. The Journal of World Intellectual Property, 25(2), 574–578. https://doi.org/10.1111/jwip.12236.
Zhylinska, O., Sitnicki, M., & Vikulova, A. (2019). Systematic assessment of the innovative potential of a research university. Baltic Journal of Economic Studies, 5(2), 38–44. https://doi.org/10.30525/2256-0742/2019-5-2-38-44.
Saha, C. N., & Bhattacharya, S. (2011). Intellectual property rights: an overview and implications in pharmaceutical industry. Journal of Advanced Pharmaceutical Technology & Research, 2(2), 88–93. https://doi.org/10.4103/2231-4040.82952.
Roskams-Edris, D. (2020). Intellectual property policy at the neuro, an open science institute. Preprint. Qeios. https://doi.org/10.32388/OMUWEL.
Kniaz, S. V., & Kholyavka, L. Yu. (2013). The essence of the concept and characteristics of the intellectual potential of an enterprise. Economic Analysis, 12(3), 188–192. Available at: http://nbuv.gov.ua/UJRN/ecan_2013_12%283%29__41.
Kniaz, S. V., Georgiadi, N. G., & Kholyavka, L. Yu. (2013). Factors affecting the formation of the intellectual potential of an enterprise. Problems of Integration of Scientific and Educational, Intellectual Potential in the State-Building Process: scientific works of the VIII international symposium Ukraine – Turkey. Ternopil, TNTU named after I. Puluj.
Kholiavka, L. (2014). Les problemes methodiques de l’evaluation du potentiel intellectuel de l’entreprise. Journal L`Association 1901 «SEPIKE», 4, 143–147.
Kniaz, S.V., & Kholiavka, L. Yu. (2014). The peculiarities of an enterprise intellectual potential bearers’ interaction and the identification of their goals. Econtechmod. An International Quarterly Journal on Economics in Technology, 3(2), 21–28. Available at: https://yadda.icm.edu.pl/baztech/element/bwmeta1.element.baztech-53610f7e-afd2-48a4-92d3-d480ee64aa05/c/knyaz_econ_2014.pdf.
Kucher, A., & Kucher, L. (2014). Commercialization of intellectual property as one of the directions of development of intellectual business in the agricultural sphere. Agrarian Economic, 11, 54–58. https://doi.org/10.13140/RG.2.2.24450.45769.
Lytvynchuk, I. (2017). Refreiming of intellectual property assignment models in agricultural bioeconomy (institutional analysys). Agricultural and Resource Economics, 3(3), 75–89. https://doi.org/10.51599/are.2017.03.03.06.
Williams, H. L. (2016). Intellectual property rights and innovation: evidence from health care markets. Innovation Policy and the Economy, 16, 53–87. Available at: https://www.journals.uchicago.edu/doi/full/10.1086/684986.
The Cambridge handbook of investment-driven intellectual property (2023). In E. Bonadio & P. Goold (Eds.). Cambridge, Cambridge University Press.
Porras, E. R. (2023). Intellectual property and the blockchain sector, a world of potential economic growth and conflict. IntechOpen. https://doi.org/10.5772/intechopen.1001882.
Chakraborty, A., Mondai, A., & Srivastava, A. (2020). Hardware-assisted intellectual property protection of deep learning models. 2020 57th ACM/IEEE Design Automation Conference (pp. 1–6). San Francisco, CA, USA. https://doi.org/10.1109/DAC18072.2020.9218651.
Lahsen, A., & Piper, A. (2019). Property rights and intellectual property protection, GDP growth and individual well-being in Latin America. Latin American Economic Review, 8, 12. https://doi.org/10.1186/s40503-019-0073-5.
