IPR and Standardization Strategies of Companies in the Presence of the Brussels Effect: Evidence from Finland

22 Pages Posted: 3 Apr 2024

See all articles by Jussi Heikkilä

Jussi Heikkilä

Lappeenranta-Lahti University of Technology (LUT); University of Jyväskylä - School of Business and Economics

Satu Rinkinen

Independent

Tero Rantala

Independent

Date Written: February 29, 2024

Abstract

We explore the intellectual property rights (IPR) and standardization strategies of companies active in Päijät-Häme region of Finland. IPRs and standards are important institutions that impact the rate and direction of technological progress and innovation activity. We explore how companies develop their IPR and standardization strategies and adapt to related institutional changes in the European Single Market. We conduct semi-structured company interviews and find that only a few companies have explicit standardization strategies, but several have systematic approaches to following the development of standards and IPR environments in their industries. We suggest a typology of companies’ IPR and standardization strategies.

Keywords: intellectual property rights, standardization, Brussels effect, regional competitiveness

JEL Classification: R11, F15, O32, O34

Suggested Citation

Heikkilä, Jussi and Rinkinen, Satu and Rantala, Tero, IPR and Standardization Strategies of Companies in the Presence of the Brussels Effect: Evidence from Finland (February 29, 2024). Available at SSRN: https://ssrn.com/abstract=4746781 or http://dx.doi.org/10.2139/ssrn.4746781

Jussi Heikkilä (Contact Author)

Lappeenranta-Lahti University of Technology (LUT) ( email )

Mukkulankatu 19
Lahti, 15210
Finland

University of Jyväskylä - School of Business and Economics ( email )

University of Jyväskylä
Jyväskylä, FIN-40014
Finland

Satu Rinkinen

Independent ( email )

Tero Rantala

Independent ( email )

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