aim of the study is to explore the relationship between annual patent applications of eight leading manufacturers and the … indicate that companies who aggressively patent are the most successful companies in terms of sales revenues and vice versa. A … correlation analysis proves that the relation is strongest for a time lag between annual patent applications and subsequent sales …

of the firm with regard to IP transactions in which firms are involved when pursuing open innovation.We argue that the … innovation) to support firms managing transactions. Following the notion of Stigler (1951) and North (1996), the emergence of … TMIs as organizational innovation has an impact on the way how transactions were ‘traditionally managed and thus creates an …

between annual patent applications and sales revenues between one and two years. The results indicate that companies who … frequently patent are more successful. Our findings thus do not confirm evidence from prior studies that proved the importance of … patents only in long-cycle time industries such as pharmaceuticals. Having employed only free online patent databases, our …