Innovation and knowledge accumulation– an intellectual property rights perspective

In the recent years, a good deal of attention devoted to the emergence of the “knowledge economy”. The rapid pace of development in today’s technology-driven economic environment has resulted in specialized knowledge becoming a very short-term resource. Companies cannot alone master the development and commercialization of complex and evolving technologies. The different forms of enabling knowledge creation within the firm without sacrificing the collective effort will be discussed. This knowledge accumulation is especially important for radical technologies. We will analyze the distribution of knowledge and discuss how legal tools, patents in particular, can be utilized in the context of the different innovation types in the ICT sector.