Patents: The case of exploitation of the patent system among SMEs and private inventors in Finland

J. Talvela*, Matti Karvonen, T. Kässi

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterScientificpeer-review

3 Citations (Scopus)

Abstract

As intellectual property (IP) rights are costly and difficult to acquire and enforce, it is often argued that small and medium enterprises (SMEs) are disadvantaged in their ability to utilize IP rights (IPR). Semi-structured interviews are used to provide an understanding of the IPR use by private inventors and SMEs as compared to larger companies. Interviews show that, excluding large companies, the general knowledge of the global patent system and capabilities to operate with various IPRs is modest. Especially, private inventors have unjustified high expectations of economic benefits of patenting, and eventually, disappointment with IPR. Lack of knowledge and awareness in IP generation, protection, and utilization weakens the performance of SMEs with missing processes, lack of IP/IPR strategy, and poor management of complex patent information. A classification of companies based on their knowledgeability and experiences in IPR is proposed.

Original languageEnglish
Title of host publicationInnovation Discovery
Subtitle of host publicationNetwork Analysis Of Research And Invention Activity For Technology Management
PublisherWORLD SCIENTIFIC
Pages45-68
Number of pages24
ISBN (Electronic)9781786344069
ISBN (Print)9781786344052
Publication statusPublished - 22 Jan 2018
MoE publication typeA3 Part of a book or another research book

Keywords

  • Intellectual property
  • Invention
  • Inventor
  • Patent
  • SME

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