2021 (18), №4

‘Open’ Innovation and Institutional Protection of Intellectual Property

DOI:

https://doi.org/10.31063/2073-6517/2021.18-4.9

For citation: 

Volkova, T. I. (2021). ‘Open’ Innovation and Institutional Protection of Intellectual Property. Zhurnal Economicheskoj Teorii [Russian Journal of Economic Theory], 18(4), 596-609. https://doi.org/10.31063/2073-6517/2021.18-4.9

Abstract:

The study offers a comprehensive view on the process which can be described as dialectics of ‘open’ innovation and institutional protection of intellectual property. Although in the ICT sphere this process is already a well-established fact, in research literature only its theoretical and methodological aspects have received some fragmented attention.
This study relies on the empirical evidence concerning competitive strategies and tactics of international high-tech companies. The study shows the growing complexity in the configuration of relations and intellectual property transactions between the stakeholders. Strategies and interactions often acquire a hybrid nature not only in their form (network-based, based on digital platforms, alliances, etc) but also in their content (due to the diversity of the possible combinations of ‘open’ and ‘closed’ innovations).
The aim of this study is to show the potential of high tech companies’ strategies and business models underpinned by the dialectics of ‘open’ innovation and intellectual property protection. A special focus is made on the theoretical and methodological foundations of the connection between the ‘open’ and ‘closed’ innovation types. There is a system-forming factor that determines the sophisticated, often contradictory, multi-agent mechanism for the reproduction of high profitability of companies. At the core of this factor is the intellectual capital — the commitment and competence of workers (developers, managers, and experts), who have received specialized interdisciplinary training.
Conceptually, this study relies on the institutional approach to economic theory and innovation management theory. It also relies on the systemic, dialectical, and functional methods as well as on the decomposition method, methods of comparative analysis and structurization.
The research findings can be used by policy makers to enhance innovation in Russia and to make its regions more competitive on the international arena.

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Tatyana I. Volkova — Dr. Sci. (Econ.), Associate Professor, Head of Sector for Institutional Economics, Institute of Economics of the Ural Branch of RAS; https://orcid.org/0000–0002–9338–3439 (29, Moskovskaya St., Ekaterinburg, 620014, Russian Federation).

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