Innovations in intellectual property rights management: Their potential benefits and limitations

Dolores Modic, Ana Hafner, Nadja Damij, Luka Cehovin Zajc

    Research output: Contribution to journalArticlepeer-review

    18 Citations (Scopus)
    29 Downloads (Pure)

    Abstract

    Purpose
    The purpose of this paper is to evaluate innovations in intellectual property rights (IPR) databases, techniques and software tools, with an emphasis on selected new developments and their contribution towards achieving advantages for IPR management (IPRM) and wider social benefits. Several industry buzzwords are addressed, such as IPR-linked open data (IPR LOD) databases, blockchain and IPR-related techniques, acknowledged for their contribution in moving towards artificial intelligence (AI) in IPRM.

    Design/methodology/approach
    The evaluation, following an original framework developed by the authors, is based on a literature review, web analysis and interviews carried out with some of the top experts from IPR-savvy multinational companies.

    Findings
    The paper presents the patent databases landscape, classifying patent offices according to the format of data provided and depicting the state-of-art in the IPR LOD. An examination of existing IPR tools shows that they are not yet fully developed, with limited usability for IPRM. After reviewing the techniques, it is clear that the current state-of-the-art is insufficient to fully address AI in IPR. Uses of blockchain in IPR show that they are yet to be fully exploited on a larger scale.

    Originality/value
    A critical analysis of IPR tools, techniques and blockchain allows for the state-of-art to be assessed, and for their current and potential value with regard to the development of the economy and wider society to be considered. The paper also provides a novel classification of patent offices and an original IPR-linked open data landscape.
    Original languageEnglish
    Pages (from-to)189-203
    Number of pages15
    JournalEuropean Journal of Management and Business Economics
    Volume28
    Issue number2
    DOIs
    Publication statusPublished - 8 Jul 2019

    Keywords

    • Artificial intelligence
    • Software tools
    • Big data
    • Social benefits
    • Intellectual property rights management
    • Linked open databases

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