2019
DOI: 10.22434/ifamr2018.0097
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Seek and you shall find: the role of exploitive and explorative search in a biotechnology firm’s patent claims

Abstract: Patents are widely recognized to provide legal protections to a firm’s inventions. However, such protections are dependent upon claims that delineate the exclusive rights of the patent. This study examines theoretically and empirically the role of exploitive and explorative search on a firm’s patent claims in the biotechnology industry. We argue that firms are subject to ‘boundedly rational’ behaviors where firms are unable to cite their patent’s prior art and therefore are unable to identify with their patent… Show more

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Cited by 4 publications
(24 citation statements)
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“…Yet, in light of these advantages, additional data sources were also integrated into this study's 2005 BioScan data. In particular, as AC has been closely associated with a firm's patent activity (Grigoriou and Rothaermel, 2017;Kostopoulos et al, 2011;Ng et al, 2019)…”
Section: Data and Samplementioning
confidence: 99%
See 4 more Smart Citations
“…Yet, in light of these advantages, additional data sources were also integrated into this study's 2005 BioScan data. In particular, as AC has been closely associated with a firm's patent activity (Grigoriou and Rothaermel, 2017;Kostopoulos et al, 2011;Ng et al, 2019)…”
Section: Data and Samplementioning
confidence: 99%
“…3. R&D activity involving the number of patent applications, No_of_Patent_App (Kostopoulos et al, 2011;Ng et al, 2019); and 4. listing of its different areas of therapeutic expertise, DIV_Exp (Ng, 2011a;Ng et al, 2019;Rothaermel and Deeds, 2004).…”
Section: Measures: Dependent Variablementioning
confidence: 99%
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