{"title":"Intellectual property and exit strategies among SMEs: A scoping review and framework","authors":"","doi":"10.1016/j.wpi.2024.102318","DOIUrl":null,"url":null,"abstract":"<div><div>While studies have focused on the role of intellectual property (IP) strategies for growth at the macro and micro levels, there remains a notable gap in comprehensively understanding the nexus between IP and exit strategies. This scoping review examines the link between firms' IP and exit strategies. It takes a particular interest in small and medium-sized enterprises (SMEs), focusing on mergers and acquisitions. This study synthesizes the literature on the role that IP strategies play in smaller firms' exit strategies and the distinctive challenges they face, proposing a comprehensive framework for understanding these dynamics. It further highlights a persistent gap in the literature on the influence of IP awareness on SMEs' exit strategies. Using established data sources and multiple filter procedures, the search yielded 87 relevant articles. Only a few studies examine the roles of IP awareness and IP strategy within business strategies. Studies explicitly researching the influence of IP strategies on exit strategies remain particularly scarce. The findings underscore the importance of integrating IP awareness and IP strategy more thoroughly into management theory and practice to enhance SMEs’ competitive advantage and facilitate successful exits.</div></div>","PeriodicalId":51794,"journal":{"name":"World Patent Information","volume":null,"pages":null},"PeriodicalIF":2.2000,"publicationDate":"2024-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"World Patent Information","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0172219024000589","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"INFORMATION SCIENCE & LIBRARY SCIENCE","Score":null,"Total":0}
引用次数: 0
Abstract
While studies have focused on the role of intellectual property (IP) strategies for growth at the macro and micro levels, there remains a notable gap in comprehensively understanding the nexus between IP and exit strategies. This scoping review examines the link between firms' IP and exit strategies. It takes a particular interest in small and medium-sized enterprises (SMEs), focusing on mergers and acquisitions. This study synthesizes the literature on the role that IP strategies play in smaller firms' exit strategies and the distinctive challenges they face, proposing a comprehensive framework for understanding these dynamics. It further highlights a persistent gap in the literature on the influence of IP awareness on SMEs' exit strategies. Using established data sources and multiple filter procedures, the search yielded 87 relevant articles. Only a few studies examine the roles of IP awareness and IP strategy within business strategies. Studies explicitly researching the influence of IP strategies on exit strategies remain particularly scarce. The findings underscore the importance of integrating IP awareness and IP strategy more thoroughly into management theory and practice to enhance SMEs’ competitive advantage and facilitate successful exits.
期刊介绍:
The aim of World Patent Information is to provide a worldwide forum for the exchange of information between people working professionally in the field of Industrial Property information and documentation and to promote the widest possible use of the associated literature. Regular features include: papers concerned with all aspects of Industrial Property information and documentation; new regulations pertinent to Industrial Property information and documentation; short reports on relevant meetings and conferences; bibliographies, together with book and literature reviews.