Formation of intellectual property commercialization strategies
DOI:
https://doi.org/10.15587/1729-4061.2024.296836Keywords:
intellectual property, commercialization strategies, technological market, technology transfer, innovative activityAbstract
The object of research is the process that forms strategies and methods for effective commercialization of intellectual products at industrial enterprises. The problems of introducing intellectual property objects into the economic circulation in the field of industrial production have been analyzed. The most important of them are economic and managerial problems, which consist in the lack of necessary funding and are determined by the difficulty of assessing the market competitiveness of an intellectual product. Special attention was paid to market, technical-technological, and legal problems, the presence of which inhibits the development of the technological market and significantly affects the efficiency of intellectual and innovative activities. The presence of these problems predetermined the main goal of the study – to devise methods and strategies for the commercialization of intellectual property objects.
Three basic strategies for the commercialization of intellectual products have been studied: the strategy of promoting an intellectual product, the strategy of diffusion of innovations, and the strategy of accumulating maximum income. Based on them, an integrated strategy for the commercialization of intelligent products for enterprises of the machine-building industry, which is oriented towards achieving the goals of maximizing the economic and social effect of the production of an intelligent product, was formed and substantiated. The main component of an integrated strategy is an organizational mechanism that provides investment support for innovative activities and scientific and consulting support for an intellectual product.
The research results could be used to form programs of intellectual and innovative activity of industrial enterprises and would serve as a basis for further scientific research on these issues
References
- Pererva, P., Hutsan, O., Kobieliev, V., Kosenko, A., Kuchynskyi, V. (2018). Evaluating elasticity of costs for employee motivation at the industrial enterprises. Problems and Perspectives in Management, 16 (1), 124–132. https://doi.org/10.21511/ppm.16(1).2018.12
- Sharif, S. M., Ahamat, A., Abdullah, M. M., Jabar, J., Bakri, M. H. (2018). University intellectual property commercialization: a critical review of literature. Turkish Online Journal of Design Art and Communication, 8, 874–886. https://doi.org/10.7456/1080sse/124
- Budi, A. A., Aldianto, L. (2020). Research and Development – Commercialization Bridge: A Refined Model. The Asian Journal of Technology Management (AJTM), 13 (1), 47–62. https://doi.org/10.12695/ajtm.2020.13.1.4
- Raju, M., Newaz, M. N. (2016). Intellectual property rights commercialization: impact on strategic competition. The Business and Management Review, 8 (3). Available at: https://www.researchgate.net/publication/323868235_Intellectual_property_rights_commercialization_impact_on_strategic_competition
- Prihastomo, Y., Ningtyas, A. A. (2022). Mobile Intellectual Property Marketplace Model for Commercialization of Intellectual Property Rights. 2022 IEEE Creative Communication and Innovative Technology (ICCIT). https://doi.org/10.1109/iccit55355.2022.10118835
- Pererva, P., Maslak, M. (2022). Commercialization of intellectual property objects in industrial enterprises. Problems and Perspectives in Management, 20 (3), 465–477. https://doi.org/10.21511/ppm.20(3).2022.37
- Virchenko, V., Petrunia, Y., Osetskyi, V., Makarenko, M., Sheludko, V. (2021). Commercialization of intellectual property: innovative impact on global competitiveness of national economies. Marketing and Management of Innovations, 5 (2), 25–39. https://doi.org/10.21272/mmi.2021.2-02
- Pererva, P., Kuchynskyi, V., Kobielieva, T., Kosenko, A., Maslak, O. (2021). Economic substantiation of outsourcing the information technologies and logistic services in the intellectual and innovative activities of an enterprise. Eastern-European Journal of Enterprise Technologies, 4 (13 (112)), 6–14. https://doi.org/10.15587/1729-4061.2021.239164
- Pererva, P., Usov, M., Chernobrovkina, S., Larka, L., Rudyka, V. (2021). Methods for Assessing the Investment Attractiveness of Innovative Projects. Studies of Applied Economics, 39 (6). https://doi.org/10.25115/eea.v39i6.5167
- Maslak, O. I., Grishko, N. Y., Hlazunova, O. O., Vorobiova, K. O. (2017). Approaches to the management of the costs of innovation activity of mining enterprises: Aspects of economic security. Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, 5, 137–145. Available at: http://nbuv.gov.ua/UJRN/Nvngu_2017_5_22
- Pererva, P. G. et al. (2012). Technology transfer. Kharkiv: NTU "KhPI"; Miskolc : University of Miskolc, 599. Available at: https://repository.kpi.kharkov.ua/items/20f90ed3-f7d5-41dc-9578-bfe72c7e536b
- Kosenko, O., Cherepanova, V., Dolyna, I., Matrosova, V., Kolotiuk, O. (2019). Evaluation of innovative technology market potential on the basis of technology audit. Innovative Marketing, 15 (2), 30–41. https://doi.org/10.21511/im.15(2).2019.03
- Pererva, P., Kobielieva, T., Tkасhovа, N., Tkachov, M., Diachenko, T. (2021). Management of relations with enterprise stakeholders based on value approach. Problems and Perspectives in Management, 19 (1), 24–38. https://doi.org/10.21511/ppm.19(1).2021.03
- Pererva, P., Kobielieva, T., Kuchinskyi, V., Garmash, S., Danko, T. (2021). Ensuring the Sustainable Development of an Industrial Enterprise on the Principle of Compliance-Safety. Studies of Applied Economics, 39 (5). https://doi.org/10.25115/eea.v39i5.5111
- Maslak, O. I., Maslak, M. V., Grishko, N. Ye., Hlazunova, O. O., Pererva, P. G., Yakovenko, Y. Yu. (2021). Artificial Intelligence as a Key Driver of Business Operations Transformation in the Conditions of the Digital Economy. 2021 IEEE International Conference on Modern Electrical and Energy Systems (MEES). https://doi.org/10.1109/mees52427.2021.9598744
- Maslak, M., Pererva, P. (2023). Formation of economic and legal measures for the development of the market of intellectual property objects. Eastern-European Journal of Enterprise Technologies, 1 (13 (121)), 113–124. https://doi.org/10.15587/1729-4061.2023.273850
- Pererva, P., Besprozvannykh, O., Tiutlikova, V., Kovalova, V., Kudina, O., Dorokhov, O. (2019). Improvement of the Method for Selecting Innovation Projects on the Platform of Innovative Supermarket. TEM Journal, 8 (2), 454–461. https://doi.org/10.18421/TEM82-19
- Kodynetz, А. O., Maidanyk, L. R. (2019). Commercialization of Intellectual Property Rights as Foundation for Innovation. Nauka Ta Innovacii, 15 (4), 91–102. https://doi.org/10.15407/scin15.04.091
- Pererva, P., Nazarenko, S., Maistro, R., Danko, T., Doronina, M., Sokolova, L. (2021). The formation of economic and marketing prospects for the development of the market of information services. Eastern-European Journal of Enterprise Technologies, 6 (13 (114)), 6–16. https://doi.org/10.15587/1729-4061.2021.245251
- Plikus, I. N. (2018). Crisis management based on the effective use of intellectual property and intellectual capital. Financial and Credit Activity Problems of Theory and Practice, 1 (24), 170–177. https://doi.org/10.18371/fcaptp.v1i24.128334
- Andrade, H. de S., Urbina, L. M. S. (2019). The Intellectual Property Protection and Commercialization Management Process in a Technology Licensing Office. International Journal of Advanced Engineering Research and Science, 6 (12), 315–331. https://doi.org/10.22161/ijaers.612.31
- De Leon, I., Fernandez Donoso, J. (2017). Sharing IP Strategy: Commercialization. Innovation, Startups and Intellectual Property Management, 45–60. https://doi.org/10.1007/978-3-319-54906-4_3
- Zhang, T., Prud’homme, D., Lutze, O. (2017). China’s new patent commercialization strategy. Journal of Intellectual Property Law & Practice, 12 (6), 474–488. https://doi.org/10.1093/jiplp/jpx036
- Holgersson, M., Granstrand, O., Bogers, M. (2018). The evolution of intellectual property strategy in innovation ecosystems: Uncovering complementary and substitute appropriability regimes. Long Range Planning, 51 (2), 303–319. https://doi.org/10.1016/j.lrp.2017.08.007
- De León, I., Santamaria, E. (2022). The Institutional Change of Intellectual Property Commercialization. The Emerald Handbook of Entrepreneurship in Latin America, 63–86. https://doi.org/10.1108/978-1-80071-955-220221005
- Khofiyah, N. A., Maret, S., Sutopo, W., Nugroho, B. D. A. (2018). Goldsmith’s Commercialization Model for Feasibility Study of Technology Lithium Battery Pack Drone. 2018 5th International Conference on Electric Vehicular Technology (ICEVT). https://doi.org/10.1109/icevt.2018.8628439
- Grimaldi, M., Greco, M., Cricelli, L. (2021). A framework of intellectual property protection strategies and open innovation. Journal of Business Research, 123, 156–164. https://doi.org/10.1016/j.jbusres.2020.09.043
- Kholiavko, N., Shestakovska, T. (2018). The economic and legal mechanism of commercialization of R&D results. Economics & Education, 3 (1), 23–29. Available at: http://www.baltijapublishing.lv/index.php/econedu/article/view/1055
- Vimalnath, P., Tietze, F., Jain, A., Gurtoo, A., Eppinger, E., Elsen, M. (2022). Intellectual property strategies for green innovations - An analysis of the European Inventor Awards. Journal of Cleaner Production, 377, 134325. https://doi.org/10.1016/j.jclepro.2022.134325
- Andrew, J., Sirkin, H. (2003). Innovating for Cash. Harvard business review. 81 (9), 76–83. Available at: https://www.researchgate.net/publication/10576314_Innovating_for_Cash
- Richnyi zvit Natsionalnoho orhanu intelektualnoi vlasnosti za 2022 rik. Available at: https://nipo.gov.ua/wp-content/uploads/2024/01/Annual-Report-2022-web-ns.pdf
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Petro Pererva, Andrii Ievsieiev, Mariya Maslak, Maksym Tkachov, Nadiya Tkachova
This work is licensed under a Creative Commons Attribution 4.0 International License.
The consolidation and conditions for the transfer of copyright (identification of authorship) is carried out in the License Agreement. In particular, the authors reserve the right to the authorship of their manuscript and transfer the first publication of this work to the journal under the terms of the Creative Commons CC BY license. At the same time, they have the right to conclude on their own additional agreements concerning the non-exclusive distribution of the work in the form in which it was published by this journal, but provided that the link to the first publication of the article in this journal is preserved.
A license agreement is a document in which the author warrants that he/she owns all copyright for the work (manuscript, article, etc.).
The authors, signing the License Agreement with TECHNOLOGY CENTER PC, have all rights to the further use of their work, provided that they link to our edition in which the work was published.
According to the terms of the License Agreement, the Publisher TECHNOLOGY CENTER PC does not take away your copyrights and receives permission from the authors to use and dissemination of the publication through the world's scientific resources (own electronic resources, scientometric databases, repositories, libraries, etc.).
In the absence of a signed License Agreement or in the absence of this agreement of identifiers allowing to identify the identity of the author, the editors have no right to work with the manuscript.
It is important to remember that there is another type of agreement between authors and publishers – when copyright is transferred from the authors to the publisher. In this case, the authors lose ownership of their work and may not use it in any way.