Leveraging Patents Financially: A Company Perspective (gabler Research)

Intangible assets such as patents have become important competitive factors and key elements in the value structure of technology-intensive companies. While patents represent the technological capital to a large extent, they are not adequately represented in the field of corporate financing. Based on expert interviews and a large-scale survey, Dominic de Vries provides one of the first in-depth empirical studies into how patents contribute to companies’ access to external financial sources. He identifies and analyses the actual extent and influence factors of financial patent utilization across company size clusters and patent-intensive industry sectors in Germany. Front Matter....Pages I-XVI INTRODUCTION....Pages 1-15 THE ECONOMICS OF PATENTS....Pages 16-62 PATENTS AS FINANCIAL ASSETS....Pages 63-83 DESIGN OF THE EMPIRICAL STUDY....Pages 84-91 DEVELOPMENT OF THE SURVEY....Pages 92-106 DESCRIPTIVE RESULTS OF THE EMPIRICAL STUDY....Pages 107-132 ANALYTICAL EXAMINATION OF THE SURVEY RESULTS....Pages 133-156 DISCUSSION AND IMPLICATIONS....Pages 157-170 CONCLUSION....Pages 171-172 Back Matter....Pages 173-212