Measuring the Immeasurable Valuing Patent Protection of Knowledge-Ba

Patent rights count among the most important resources in modern economies and can be a major driver of a firm’s performance. The efficient management of these key resources, however, requires understanding their inherent value potential. The complex natu

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GABLER EDITION WISSENSCHAFT

Christian Grube

Measuring the Immeasurable Valuing Patent Protection of Knowledge-Based Competitive Advantages

GABLER EDITION WISSENSCHAFT

Bibliographic information published by the Deutsche Nationalbibliothek The Deutsche Nationalbibliothek lists this publication in the Deutsche Nationalbibliografie; detailed bibliographic data are available in the Internet at http://dnb.d-nb.de.

Dissertation Jacobs University Bremen, 2008

1st Edition 2009 All rights reserved © Gabler | GWV Fachverlage GmbH, Wiesbaden 2009 Editorial Office: Frauke Schindler / Anita Wilke Gabler is part of the specialist publishing group Springer Science+Business Media. www.gabler.de No part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the copyright holder. Registered and/or industrial names, trade names, trade descriptions etc. cited in this publication are part of the law for trade-mark protection and may not be used free in any form or by any means even if this is not specifically marked. Cover design: Regine Zimmer, Dipl.-Designerin, Frankfurt/Main Printed on acid-free paper Printed in Germany ISBN 978-3-8349-1305-0

Acknowledgements I would like to express my deep and sincere gratitude to my supervisor and the chair of my dissertation committee, Professor Dr. Andreas Bausch, for his support, constructive comments, and excellent advice over the last three years. Furthermore, I am indebted to the members of my dissertation committee, Professor Dr. Adalbert FX Wilhelm and Professor Dr. Hans Georg Gemünden, for their valuable hints and for the time and effort they have spent on reviewing this thesis. My research was possible thanks to Siemens AG, Munich and Berlin. I owe special gratitude to Professor Dr. Winfried Büttner, Head CT I, and Klaus Kohlmann, Head CT IP MAC, for the opportunity to work as a freelancer for the patent department in Munich over the last three years. In addition, Mr Kohlmann deserves particular credit for his elaborate explanations of the legal nature of intellectual property rights under national and international patent law. My work greatly benefited from his valuable advice and friendly help. I am grateful to Peter Berg, Head CT L&T, and my colleagues in the licensing department for introducing me to the basic principles and strategies of technology licensing. My especial thanks are due to my colleagues at Jacobs University, Justus-LiebigUniversity Gießen and Friedrich-Schiller-University Jena for their comments in many fruitful discussions. In particular, I thank Thomas Fritz for his suggestions and cooperation during the last three years. My most heartfelt acknowledgment must go to my family. I thank my sister, Dr. (iur.) Friederike Grube, for enriching the legal background of my research with economic answers to complex legal questions and my parents, Dr. (phil.) Jochen Grube and Birgit Grube, for support and enc