Abstract
Blockchain technology has seen claims by many practitioners as one of the most disruptive technologies we have seen in decades. Investments in emerging technologies, such as blockchain, focus on innovations that may lead to competitive advantages and subsequently protecting those innovations from competitors through patents. Patents function as a means of signaling to the market the research directions that an organization is exploring along with the potential future value of the patent and related technology. This proposed study examines the market reactions to blockchain-based patents to help organizations determine the anticipated market value of these blockchain-based patents and strategically leverage such events for optimal market reaction.
Recommended Citation
Bowman, Andrew and Steelman, Zach, "Organizational Signaling of Blockchain Investments: A Patent Filing Event Study" (2019). AMCIS 2019 Proceedings. 14.
https://aisel.aisnet.org/amcis2019/strategic_uses_it/strategic_uses_it/14
Organizational Signaling of Blockchain Investments: A Patent Filing Event Study
Blockchain technology has seen claims by many practitioners as one of the most disruptive technologies we have seen in decades. Investments in emerging technologies, such as blockchain, focus on innovations that may lead to competitive advantages and subsequently protecting those innovations from competitors through patents. Patents function as a means of signaling to the market the research directions that an organization is exploring along with the potential future value of the patent and related technology. This proposed study examines the market reactions to blockchain-based patents to help organizations determine the anticipated market value of these blockchain-based patents and strategically leverage such events for optimal market reaction.