Strategically Developing Intellectual Capital Effectiveness: A Conceptual Model for Innovative Companies
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Keywords: technology development model strategy, intellectual capital strategies, innovation and patent mythsAbstract
Abstract: Developing intellectual capital at companies often results in large numbers of patents filed with little results other than protection of firm historical patents against intellectual property intrusion by current competitors or future competitors. This paper presents exploratory research to classify into those patents filed in past years by several major technology companies as well as measuring the business results of the patents which shows the need for the new strategic conceptual model presented in this paper. A new approach to align corporate resources toward patent strategies, management capability and process with strategic intent is presented which enables firms to assure that all needed considerations are present in a comprehensive technology and patent strategy of intellectual capital development, especially at technology firms.Downloads
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