Filter Results: (58) Arrow Down

Intellectual PropertyRemove Intellectual Property →

New research on intellectual property from Harvard Business School faculty on issues including copyright abuse, patent law, and the impact of property rights on investment and revenue.
Page 1 of 58 Results →

Fawn Weaver’s Entrepreneurial Journey as an Outsider in the Spirits Industry

Re: Hise O. Gibson

In 2017 Fawn Weaver launched a premium American whiskey brand, Uncle Nearest. It became the fastest growing and most awarded whiskey brand in America, despite the challenges Weaver faced as a Black woman and outsider to the spirits industry, which is capital-intensive, highly regulated, competitive, and male-dominated. In October 2023, Weaver announced plans to expand into cognac with the goal of building the next major alcoholic beverages conglomerate. But the company was still heavily reliant on capital. How could Weaver convince new investors that her plans for cognac would yield success? Harvard Business School senior lecturer Hise Gibson discusses Weaver’s leadership style, growth strategies, and her use of storytelling to connect customers with her brand in the case, "Uncle Nearest: Creating a Legacy."

Why Business Travel Still Matters in a Zoom World

by Kara Baskin

Meeting in person can make all the difference for colleagues from different time zones or cultural backgrounds. A study by Prithwiraj Choudhury traces flight patterns among 5,000 airports around the world to show how business travel propels innovation.

Lack of Female Scientists Means Fewer Medical Treatments for Women

by Kristen Senz

Women scientists are more likely to develop treatments for women, but many of their ideas never become inventions, research by Rembrand Koning says. What would it take to make innovation more equitable? Open for comment; 0 Comments.

How Eliminating Non-Competes Could Reshape Tech

by Kristen Senz

President Biden says non-compete agreements threaten innovation, but the tech industry leans on them to protect trade secrets. Andy Wu discusses what a potential ban on these legal pacts could mean for business. Open for comment; 0 Comments.

Science: The Unlikely Frontier for New Business Ideas

by Avery Forman

Iterative R&D might get products to market quickly, but innovation grounded in scientific research tends to be more valuable, says research by Joshua Lev Krieger and colleagues. Open for comment; 0 Comments.

Financial Distancing: How Venture Capital Follows the Economy Down and Curtails Innovation

by Sabrina T. Howell, Josh Lerner, Ramana Nanda, and Richard Townsend

Common wisdom holds that VC investment and VC-backed startups are relatively insulated from downturns. This study shows that the relative quantity and quality of innovation declines more for VC-backed firms than for other types of firms during downturns.

What We Learned from Reading Jeff Bezos’ Patents

by Tricia Gregg and Boris Groysberg

By studying Jeff Bezos' personal patent records, Tricia Gregg and Boris Groysberg offer a unique glimpse into Amazon's strategy. Open for comment; 0 Comments.

Tech Clusters

by William R. Kerr and Frederic Robert-Nicoud

We are witnessing a major transformation of business to achieve strategic positions in powerful tech hubs, but most workers and consumers will always be far away. The authors describe the spatial concentration of tech activity in the United States and explore the economics of tech clusters with an eye to the future of innovation and economic geography.

Do National Security Secrets Hold Back National Innovation?

by Kristen Senz

It's a paradox about innovation. Inventors want to keep secret the inner workings of their most commercial technologies, while technological progress relies on transparency. Daniel Gross looks to the secrets of WW II for insights. Open for comment; 0 Comments.

Migrant Inventors and the Technological Advantage of Nations

by Dany Bahar, Prithwiraj Choudhury, and Hillel Rapoport

This study provides robust econometric evidence for how immigrant inventors shape the innovation dynamics of their receiving countries. Countries receiving inventors from other nations that specialize in patenting particular technologies are more likely to have a significant increase in patent applications of the same technology.

Trade Secrets Protection and Antitakeover Provisions

by Aiyesha Dey and Joshua White

The study examines managers’ responses when facing an increased threat of their firm being acquired. Results add to our knowledge of the use of antitakeover provisions, showing that managers, particularly in high-innovation firms, increase certain provisions to protect long-term innovation output in the presence of elevated acquisition risk.

The Consequences of Invention Secrecy: Evidence from the USPTO Patent Secrecy Program in World War II

by Daniel P. Gross

Information plays a critical role in technological progress, yet many inventors opt for trade secrecy to protect their intellectual property. This paper studies the myriad repercussions of concealing new inventions through the lens of a systematic and sweeping invention secrecy policy implemented by the USPTO during World War II.

Infringing Use as a Path to Legal Consumption: Evidence from a Field Experiment

by Hong Luo and Julie Holland Mortimer

Copyright infringement may result from frictions preventing legal consumption, but also reveals demand. This study quantifies the effects of providing more-suitable options and reducing search costs.

Some Facts of High-Tech Patenting

by Michael Webb, Nick Short, Nicholas Bloom, and Josh Lerner

This study details the growth of patenting in software, cloud computing, artificial intelligence, and related technologies in the twenty-first century, and the continuing dominance of inventors in large US, Japanese, and Korean companies. Researchers still need to understand the impact of such trends on social welfare more generally.

Buying the Verdict

by Lauren H. Cohen and Umit G. Gurun

This paper documents systematic evidence that firms engage in specialized, locally targeted advertising when taken to a court trial in a given location. Policymakers should consider what impact such targeted advertising is having—and whether it is a desired impact—on juries and the judicial process more generally.

Why South Korea's Samsung Built the Only Outdoor Skating Rink in Texas

by Michael Blanding

New research by Lauren Cohen and Umit Gurun finds that when some companies are sued, they put their advertising dollars to work in unusual ways to influence local juries. Meet 'TiVo,' the championship steer. Open for comment; 0 Comments.

Should Intellectual Property be Protected in International Trade?

by James Heskett

SUMMING UP To do business in China, American firms often lose some of their intellectual property. James Heskett's readers think that price is too high. Open for comment; 0 Comments.

The Use and Misuse of Patent Data: Issues for Corporate Finance and Beyond

by Josh Lerner and Amit Seru

Corporate finance researchers who analyze patent data are at risk of making highly predictable errors. The problem arises from dramatic changes in the direction and location of technological innovation (and patenting practice) over recent decades. This paper explains the pitfalls and suggests practical steps for avoiding them.

Patent Trolls and Small-Business Employment

by Ian Appel, Joan Farre-Mensa, and Elena Simintzi

Patent trolls are organizations that own patents but do not make or use the patented technology directly, instead using their patent portfolios to target firms with patent-infringement claims. This paper provides evidence that state anti-troll laws have had a net positive effect for small firms in high-tech industries. There is no significant effect for larger or non-high-tech firms.

Capturing Value from IP in a Global Environment

by Juan Alcácer, Karin Beukel, and Bruno Cassiman

Challenges to capturing value from know-how and reputation through the use of different IP tools is an increasingly important matter of strategy for global enterprises. They will need to combine different institutional, market, and non-market mechanisms, but the precise combination of tools will depend on local and regional institutional and market conditions.