TY - JOUR
T1 - Influence of intellectual property rights on innovation capability in new technology-based firms
AU - Acosta-Prado, Julio César
AU - Sanchís-Pedregosa, Carlos
AU - López-Montoya, Oscar Hernán
AU - Sanabria-Landazábal, Néstor Juan
AU - Tafur-Mendoza, Arnold Alejandro
N1 - Publisher Copyright:
Copyright © 2020 Inderscience Enterprises Ltd.
Copyright:
Copyright 2020 Elsevier B.V., All rights reserved.
PY - 2020
Y1 - 2020
N2 - Innovation marks the future for organisations and affects the length of their existences by asking organisations for capabilities needed to keep their game on the playfield. However, innovation development requires legal conditions to guarantee the fair and appropriate use of its outcomes. Intellectual property rights (IPRs) seek to cover this issue, although it has not the same application in different regions like Latin-America where innovation performs in different, not deeply explored pattern. This study aims to analyse influence of IPRs on innovation capability (IC) in 102 Colombian new technology-based firms (NTBFs) located in business incubators and technology parks. The empirical study had a latent variable design and was analysed through covariance-based SEM (CB-SEM). Results show that IPRs account for 20% of variation in IC (medium influence). Hence, as IPRs promote innovation by safeguarding the benefits of its outcomes, IPRs are important in developing economies such Colombia and particularly for NTBFs.
AB - Innovation marks the future for organisations and affects the length of their existences by asking organisations for capabilities needed to keep their game on the playfield. However, innovation development requires legal conditions to guarantee the fair and appropriate use of its outcomes. Intellectual property rights (IPRs) seek to cover this issue, although it has not the same application in different regions like Latin-America where innovation performs in different, not deeply explored pattern. This study aims to analyse influence of IPRs on innovation capability (IC) in 102 Colombian new technology-based firms (NTBFs) located in business incubators and technology parks. The empirical study had a latent variable design and was analysed through covariance-based SEM (CB-SEM). Results show that IPRs account for 20% of variation in IC (medium influence). Hence, as IPRs promote innovation by safeguarding the benefits of its outcomes, IPRs are important in developing economies such Colombia and particularly for NTBFs.
KW - Brands
KW - Copyright
KW - Exploitation
KW - Exploration
KW - Innovation capability
KW - Intellectual property rights
KW - IPR
KW - New technology-based firms
KW - Organisational ambidexterity
KW - Patents
KW - Trademarks
UR - http://www.scopus.com/inward/record.url?scp=85096773401&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/cf0469ef-be81-3333-809d-1e20d014d9fe/
U2 - 10.1504/IJIPM.2020.111367
DO - 10.1504/IJIPM.2020.111367
M3 - Artículo de revista
AN - SCOPUS:85096773401
SN - 1478-9647
VL - 10
SP - 216
EP - 232
JO - International Journal of Intellectual Property Management
JF - International Journal of Intellectual Property Management
IS - 3
ER -
