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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Should we patent it or keep it a secret?
T2 - The moderating role of proactive orientation in family versus non-family smes
AU - Giménez-Fernández, Elena
AU - Beukel, Karin
AU - Tyler, Beverly
AU - Spielmann, Nathalie
AU - Cerrato, Daniele
AU - Discua Cruz, Allan
AU - Minciullo, Marco
PY - 2021/8/1
Y1 - 2021/8/1
N2 - We investigate how family and non-family small-and-medium size enterprises (SMEs) differ in their preference for patenting over secrecy as a means to protect value of intellectual property, and how proactive orientation moderates this relationship. Because secrecy carries more risks for spillover than patenting, we propose and provide evidence to suggest that family SMEs are more likely to use patents than secrecy relative to non-family SMEs as a mechanism to protect value. However, proactive orientation can weaken this relationship, since SMEs with a proactive orientation will avoid the disclosure of information required forpatenting. Using a sample of 300 SMEs from four countries in the wine industry, we find support for our hypotheses and contribute to both the intellectual property (IP) and SME literatures by explaining how family SMEs relative to non-family SMEs protect the value of IP.
AB - We investigate how family and non-family small-and-medium size enterprises (SMEs) differ in their preference for patenting over secrecy as a means to protect value of intellectual property, and how proactive orientation moderates this relationship. Because secrecy carries more risks for spillover than patenting, we propose and provide evidence to suggest that family SMEs are more likely to use patents than secrecy relative to non-family SMEs as a mechanism to protect value. However, proactive orientation can weaken this relationship, since SMEs with a proactive orientation will avoid the disclosure of information required forpatenting. Using a sample of 300 SMEs from four countries in the wine industry, we find support for our hypotheses and contribute to both the intellectual property (IP) and SME literatures by explaining how family SMEs relative to non-family SMEs protect the value of IP.
KW - Family firms
KW - Patents
KW - Proactive orientation
KW - secrecy
KW - SMEs
U2 - 10.1177/0266242620965394
DO - 10.1177/0266242620965394
M3 - Journal article
VL - 39
SP - 450
EP - 473
JO - International Small Business Journal
JF - International Small Business Journal
SN - 0266-2426
IS - 5
ER -