Open innovation is the subject of increased scholarly debate. A lot of attention has thereby been paid to firm …-centered open innovation, characterized by a for-profit motive and the interplay between patents and contracts, resulting in … communities the present paper examines how the law can assist in establishing a new approach to open innovation (‘new' open …

innovation. This belief was a key principle underlying the Bayh-Dole Act, which gave universities the right to own and license …

increasing team size that we call the "racing against time" hypothesis: With innovation races more competitive globally, R …&D firms need to finish research projects as quickly as possible and therefore have an incentive to put together a team with …

The traditional view of innovation, which implies that companies innovate on their own, has been recently challenged by … the 'open' innovation concept promoting the use of external knowledge. Collaboration between firms has always existed in … one way or another, however, large-scale open innovation is now the next step for many companies. This article conducts a …

, internal and external knowledge inflows, and inventor team size. Major findings include: (1) a larger firm tends to generate … diversity. A larger team size is significantly associated with higher patent value and, as such, the size of the inventor team …