Tokenized Innovation as a Solution for National Innovation System Failures
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Date
2024
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Université d’Oum El Bouaghi
Abstract
This study examines patenting patterns contributing to innovation system failure and proposes a blockchain-based solution to support innovation-related sustainable development goals. Using patent landscape and network analyses, we investigate invention features, assess actor synergy, and identify concerning patenting patterns. The results show patents are more likely to be inactive when granted for non-competitive technologies with low originality
scores. Problematic patterns include closed technology transfer, weak ollaborative ties, and network disconnects. To address intellectual property rights management limitations, we propose tokenizing the system through blockchain technology. We introduce a blockchainbased rewards system to enable mutually beneficial relationships for IP stakeholders in innovation-oriented activities. This research enhances our understanding of innovation system theory and demonstrates how analyzing patenting patterns can nform policy to achieve innovation-related SDGs.
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Keywords
Blockchain technology; Innovation system failure; Intellectual property rights;
National innovation system; Tokenization; SDGs