Evaluating the Financial Performance of Business Method Patent Owners

Authors:
Nancy L. Martin;Peter P. Mykytyn, Jr.
Affiliations:
School of Information Systems and Applied Technologies, Southern Illinois University, Carbondale, Illinois, USA;College of Business and Administration, Southern Illinois University, Carbondale, Illinois, USA
Venue:
Information Systems Management
Year:
2009

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Abstract

Business method patents provide legal protection for the patent owner as well as other possible advantages, but for the most part IS academicians have not examined their effects. In an effort to understand the potential for business method patents to create competitive advantage, this study compares the financial performance of business method patent owners to the performance of their nearest competitors and industries. Although limited in its findings, this study helps to demarcate important issues for future research.