Nowadays, modern technology firms face the problem of protecting the intellectual property rights in the context of technological development, innovation, and necessary patenting. The problem is in the fact that today technology firms can rely not only on their own possibilities for the progress but they also can take advantage from the distributed innovation. Thus, to focus on the value creation and the firm’s technological progress while responding to the intellectual property concept, it is necessary to develop the effective integrated intellectual property strategies or rely on the use of modules to contribute to the firm’s further progress as the successful competitor and innovator within the industry. Thus, the research on the role of the integrated intellectual property strategies and the effectiveness of specific intellectual property modules for the development of the technology firms is necessary to study the problem in detail.
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It is important to support the following argument in the research: although such IP management strategies related to legal issues as the integrated intellectual property strategies and specific modules can be discussed as too controversial because they are proposed and developed recently, these strategies and techniques are effective because they respond to the tendencies of the technology firms’ progress within the industry.
To discuss the topic in detail and provide the thesis with the necessary support and evidences, it is useful to pay attention to such points (major headings for the research):
- The concept of intellectual property in the context of the technology firms industry;
- The connection of intellectual property and innovation management;
- The aspects of integrated intellectual property strategies as the approach to innovation management;
- The ethical issues of intellectual property, innovation management, distributed innovation, strategic disclosure, and outsourcing for the technology firms’ development;
- The elements of the intellectual property module system to contribute to value creation and value capture.
These points can be discussed with references to the experience of such firms and groups as M-Systems, BASF, and others (Henkel, Baldwin, & Shih, 2013; Peters, Thiel, & Tucci, 2013).
Henkel, J., Baldwin, C., & Shih, W. (2013). IP modularity: Profiting from innovation by aligning product architecture with intellectual property. California Management Review, 55(4), 65-82.
Peters, T., Thiel, J., & Tucci, C. (2013). Protecting growth options in dynamic markets: The role of strategic disclosure in integrated intellectual property strategies. California Management Review, 55(4), 121-142.