Chapter 6 The Role of Intellectual Property in CIM

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Advances in the Study of Entrepreneurship, Innovation & Economic Growth

ISSN: 1048-4736
Series editor(s): Sherry Hoskinson and Donald Kuratko

Subject Area: Enterprise and Innovation

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Document Information:
Title:	Chapter 6 The Role of Intellectual Property in CIM
Author(s):	Guus Berkhout, Patrick van der Duin, Dap Hartmann, Roland Ortt
Volume:	17 Editor(s): Guus Berkhout, Patrick Van Der Duin, Dap Hartmann, Roland Ortt ISBN: 978-0-7623-1336-5 eISBN: 978-1-84950-433-1
Citation:	Guus Berkhout, Patrick van der Duin, Dap Hartmann, Roland Ortt (2007), Chapter 6 The Role of Intellectual Property in CIM, in Guus Berkhout, Patrick Van Der Duin, Dap Hartmann, Roland Ortt (ed.) The Cyclic Nature of Innovation: Connecting Hard Sciences with Soft Values (Advances in the Study of Entrepreneurship, Innovation & Economic Growth, Volume 17), Emerald Group Publishing Limited, pp.105-121
DOI:	10.1016/S1048-4736(07)17006-5 (Permanent URL)
Publisher:	Emerald Group Publishing Limited
Article type:	Chapter Item
Abstract:	Intellectual property (IP) and the legal protection thereof are of paramount importance in innovation. IP plays an important role in each of the four fundamental nodes of the Cyclic Innovation Model (CIM). While no one can claim property rights on knowledge in the science node, intellectual property rights (IPR) are essential in the development of new technology-based products (technology node and product node), because it prohibits competitors who did not incur the cost of R&D from unauthorized copying.