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Durell, Karen L. --- "Introduction" [2009] ELECD 483; in Castle, David (ed), "The Role of Intellectual Property Rights in Biotechnology Innovation" (Edward Elgar Publishing, 2009)

Book Title: The Role of Intellectual Property Rights in Biotechnology Innovation

Editor(s): Castle, David

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781847209801

Section Title: Introduction

Author(s): Durell, Karen L.

Number of pages: 4

Extract:

Introduction
Karen L. Durell

Undoubtedly, intellectual property management (`IPM') is quickly becom-
ing an important aspect of corporate strategies in a growing variety of
markets. In fact, the term IPM has achieved almost buzzword status and
is applied by groups as diverse as law firms to private-research organi-
zations. Such indicators show that IPM is moving to the forefront of
corporate interest, including in the biotechnology sphere. Of course,
as a term becomes more broadly used, its meaning can be diluted. This
part examines what IPM means in light of innovators' need effectively to
manage intellectual property (IP). The following three chapters will look
at aspects of IPM and attempt to offer a broad-view approach to the issues
related to its adoption in IP intensive innovation systems. Jointly, these
chapters provide us with indications about the state of the art in IPM, and
draw important linkages between it and IP. A common theme that runs
through the chapters is the fact that although IPM is a frequently used
term, not everyone who utilizes it ascribes it an identical meaning. IPM
is not accompanied by an authoritative definition, and is therefore open
to interpretations that are context and user dependant. Although each
author will discuss IPM individually, we accept as a general statement that
IPM refers to a strategic application and ordering of intellectual property
rights (`IPRs') within an organization. The management strategies used
by organizations evolve to facilitate the utilization of IPRs to achieve a
specific, defined goal ...