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  • February 2013 (Revised March 2015)
  • Case

The LEGO Group: Publish or Protect?

By: Willy C. Shih and Sen Chai
Senior managers at the LEGO Group are faced with a quandary: Should they patent inventions coming out of their manufacturing process development work, should they keep them as trade secrets, or should they publish them so that they would go into the public domain and... View Details
Keywords: Plastics; Injection Molding; Toys; LEGO; LEGO Group; Tools; Additive Manufacturing; 3D Manufacturing; Toolmaking; Patenting; Spillovers; Knowledge Spillovers; Change; Trends; Engineering; Machinery and Machining; Intellectual Property; Patents; Operations; Production; Strategy; Corporate Strategy; Technology Adoption; Consumer Products Industry; Manufacturing Industry; Technology Industry; Europe; Denmark
Related
  • 19 Apr 2019
  • HBS Seminar

Nicholas Short, Harvard University

  • September 2013
  • Article

Prizes, Publicity, and Patents: Non-Monetary Awards as a Mechanism to Encourage Innovation

By: Petra Moser and Tom Nicholas
This paper exploits the selection of prize-winning technologies among exhibitors at the Crystal Palace Exhibition in 1851 to examine whether—and how—ex post prizes that are awarded to high-quality innovations may encourage future innovation. U.S. patent data... View Details
Keywords: Prizes; Innovation; Motivation and Incentives; Patents; Innovation and Invention
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  • 24 Apr 2019
  • HBS Seminar

Dimitris Papanikolaou, Kellogg School of Management, Northwestern University

  • 2024
  • Working Paper

The Value of AI Innovations

By: Wilbur Xinyuan Chen, Terrence Tianshuo Shi and Suraj Srinivasan
We study the value of AI innovations as it diffuses across general and application sectors, using the United States Patent and Trademark Office’s (USPTO) AI patent dataset. Investors value these innovations more than others, as AI patents exhibit a 9% value premium,... View Details
Keywords: AI and Machine Learning; Valuation; Technological Innovation; Open Source Distribution; Patents; Policy; Knowledge Sharing; Technology Industry
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  • June 2013 (Revised February 2016)
  • Teaching Note

The LEGO Group: Publish or Protect?

By: Willy Shih
Senior managers at the LEGO Group are faced with a quandary: Should they patent inventions coming out of their manufacturing process development work, should they keep them as trade secrets, or should they publish them so that they would go into the public domain and... View Details
Keywords: Intellectual Property Management; Spillovers; Intellectual Property; Patents; Knowledge Dissemination; Manufacturing Industry; Europe
Related
  • 22 Dec 2015
  • First Look

December 22, 2015

finance patents in the years after the landmark litigation between State Street Bank and Signature Financial Group. We show that relative to two sets of comparison groups, finance patents in aggregate cite... View Details
Keywords: Carmen Nobel
  • 02 May 2017
  • First Look

First Look at New Research: May 2, 2017

patent boosts a start-up’s subsequent growth and innovation by facilitating access to funding from VCs, banks, and public investors. Download working paper:... View Details
Keywords: Carmen Nobel
  • 26 Mar 2014
  • HBS Seminar

Brian Kahin, MIT

  • 12 Nov 2019
  • Research & Ideas

Corporate Innovation Increasingly Benefits from Government Research

Innovation has always relied, to some degree, on government support. But a recent study suggests that public funding might be even more influential than it seems. “Nearly a third of US patents rely directly... View Details
Keywords: by Michael Blanding
  • February 2016
  • Article

Bridging Science and Technology Through Academic-Industry Partnerships

By: Sen Chai and Willy C. Shih
Partnerships that foster the translation of scientific advances emerging from academic research organizations into commercialized products at private firms are a policy tool that has attracted increased interest. This paper examines empirical data from the Danish... View Details
Keywords: Economic Development; Technological Change; Government Policy; Technological Innovation; Research and Development; Information Technology; Policy; Technology Industry; Denmark
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  • 06 Jun 2017
  • First Look

First Look at New Research and Ideas: June 6, 2017

results reveal the critical importance of software portfolio design decisions in developing a portfolio of applications that can evolve and adapt over time. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=52707 Harvard Business School Case... View Details
Keywords: Sean Silverthorne
  • 09 Jun 2008
  • Lessons from the Classroom

Monetizing IP: The Executive’s Challenge

According to the U.S. Patent and Trademark Office, intellectual property in this country is worth more than $5 trillion—about twice the amount of the current federal budget. The question: Are companies taking advantage of this value? Not... View Details
Keywords: by Sean Silverthorne; Video Game; Web Services
  • 25 Aug 2015
  • First Look

First Look Tuesday

Working Papers Patent Publication and the Market for Ideas By: Hegde, Deepak, and Hong Luo Abstract—In this paper, we study the effect of invention disclosure-through patent... View Details
  • 2000
  • Other Article

Understanding the Drivers of National Innovative Capacity

By: Jeffrey L. Furman, Michael E. Porter and Scott Stern
Motivated by R&D productivity differences across countries, we evaluate the determinants of country-level international patenting. Our framework is built on the concept of national innovative capacity. Our results suggest that (a) patenting is well-characterized... View Details
Keywords: Economics; Growth and Development
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  • 10 May 2016
  • First Look

May 10, 2016

build a literature more effectively than they could with less diverse approaches to gathering data. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=51015 April 29, 2016 Science The Growing Problem of Patent Trolling By:... View Details
Keywords: Carmen Nobel
  • November 2006 (Revised November 2007)
  • Case

Strategy in the Twenty First Century Pharmaceutical Industry: Merck & Co. and Pfizer Inc.

By: David J. Collis and Troy Smith
The global pharmaceutical industry has gone through substantial changes in the last few decades and pharmaceutical firms face major challenges including headline-grabbing litigation, imminent patent expirations, new technologies, rising drug development costs, generic... View Details
Keywords: Mergers and Acquisitions; Growth and Development Strategy; Product Development; Research and Development; Corporate Strategy; Pharmaceutical Industry; United States
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  • 21 Apr 2014
  • Research & Ideas

Bio-Piracy: When Western Firms Usurp Eastern Medicine

inspire new research." Choudhury and Khanna also noticed an increase in herbal patent filing in the mid-1990s, despite the publicity of patent-related lawsuits happening at the time: the turmeric case,... View Details
Keywords: by Carmen Nobel; Legal Services; Biotechnology
  • 10 Dec 2009
  • Working Paper Summaries

State Owned Entity Reform in Absence of Privatization: Reforming Indian National Laboratories and Role of Leadership

Keywords: by Prithwiraj Choudhury & Tarun Khanna
  • 16 Nov 2015
  • HBS Seminar

Vish Krishnan, Professor of Innovation, Technology & Operations, University of California San Diego Rady School of Man