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http://dx.doi.org/10.15207/JKCS.2020.11.7.259

Analysis on the Patent Portfolio for Hidden Champion Companies: Focusing on the "Hidden Champion" companies introduced in Herman Simon's book  

Lee, Haeng-Byoung (The Graduate School of Yonsei University Management of Technology)
Yang, Dong-Won (The Graduate School of Yonsei University Management of Technology)
Publication Information
Journal of the Korea Convergence Society / v.11, no.7, 2020 , pp. 259-272 More about this Journal
Abstract
In fostering dynamic, innovative SMEs, hidden champion companies can be an appropriate model for SMEs to learn the success factors. On the other hand, the need for intellectual property management is becoming important as the value of a company is changing from a financial asset to an intellectual property. Therefore, in this study, the patent portfolio analysis of the hidden champion companies mentioned in Herman Simmon's book "Hidden Champion" was performed. As a result of the analysis, it was confirmed that patents are not possessed or patent activities are actively carried out and a differentiated intellectual property management strategy is implemented to improve patent quality depending on the characteristics of the technology possessed. The results of these studies can be used as basic data to prepare an intellectual property management strategy for companies that want to create opportunities to acquire monopoly rights and reduce patent maintenance and management costs. In addition, in this study, the patent IPC analysis verified that Herman Simmon's claim that "Hidden champions have the ability to focus on core competencies and focus on one technology" is valid.
Keywords
Hidden Champion; Patent Portfolio; Intellectual Property Management; Patent Activity Indicator;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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