A knowledge-based system for assessing and managing intellectual property managerial risks for small-and-medium sized technological enterprises

Chi Fai Cheung, W. M. Wang, X. Xu, Kelvin W. Willoughby

Research output: Journal article publicationJournal articleAcademic researchpeer-review

1 Citation (Scopus)

Abstract

Managing intellectual property (IP) is a critical issue that almost no company can avoid. This is particularly true for small and medium sized technological enterprises (SMTEs). Due to their limited resources, SMTEs typically do not devote sufficient effort to managing intellectual property (IP) risks. This may lead to serious financial and other losses for such companies. In this paper, a knowledge-based intellectual property managerial risk system (KIPMRS) has been developed to assess and manage IP managerial risk for SMTEs. The KIPMRS is a new method for managing intellectual property risk, which incorporates both rule-based reasoning (RBR) and case-based reasoning (CBR). These two features enable the achievement of continuous improvement of the system. Two real life SMTEs participated in the trial implementation of the KIPMRS described here. The SMTEs each used the system to help determine their IP managerial risks and hence to improve their practice for better managing their IP.
Original languageEnglish
Pages (from-to)57-83
Number of pages27
JournalInternational Journal of Intellectual Property Management
Volume7
Issue number1-2
DOIs
Publication statusPublished - 1 Jan 2014

Keywords

  • Case-based reasoning
  • CBR
  • Intellectual property managerial risks
  • Knowledge-based system
  • RBR
  • Rule-based reasoning
  • Small and medium sized technological enterprises
  • SMTEs
  • Technology management

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management
  • Law

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