Abstract
This study aims to elucidate the relationship between Research and Development (R&D) and standardization of Information and Communications Technology (ICT) services in high technology industries of Japan. The study focuses on Intellectual Property (IP) standardization activities as a key factor in corporate innovativeness. The author examines the magnitude of the effects of R&D and standardization on patent applications in the Japanese electric machinery industry, which provide ICT services and includes the electric appliance manufacturers. The number of patent applications is known to have a positive impact on corporate innovativeness and can be used as a proxy for determining this magnitude of the impact. Pearson correlation coefficient between the number of persons engaged in IP standardization activities and the number of patent applications is found to be positive, but smaller in comparison with the number of persons engaged in R&D activities. However, the impact of standardization is larger than what is generally anticipated. These findings might assist corporate managers in decision making pertaining to allocating human resources.
Highlights
In the 21st century, standardisation plays an important role in a wide variety of areas of innovation, including both products and services
Hypothesis: IP-Related Standardisation Activities (IPRSA), Intellectual Property (IP)-related activities (IPRA) and Research and Development (R&D) activities have positive correlations with innovation in both the electric machinery industry and all industries in Japan. This hypothesis is tested by evaluating Pearson correlation coefficients, which helps in determining the effect of R&D in comparison to IPRSA and IPRA on the number of patent applications
The three input factors examined in this paper viz., R&D, IPRA and IPRSA turn out to have significant relationships with patent applications and corporate innovativeness in the Japanese electric machinery industry
Summary
In the 21st century, standardisation plays an important role in a wide variety of areas of innovation, including both products and services. The role of standardisation is measured in the Japanese electric machinery industry. The industry provides a wide range of ICT appliances and ICT-related services, including cellular phones and tablet computers. The electric machinery industry has a strong connection to ICT services. The effects of standardisation on the industry are presumed to be a fairly good indicator for measuring the effects of the standards on both ICT services and ICT manufacturing. From the broad array of comprehensive standardisation activities undertaken by corporations worldwide, this research paper focuses on standardisation within the realm of IP management. The reason why IP management is important to corporations can be illustrated by the case of the Journal of Technology Management for Growing Economies Vol 4 No 2 Oct 2013 pp. 67-83
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