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Ove Granstrand
Grandstand at the University of Cambridge
NationalitySwedish
Academic background
Alma materChalmers University of Technology, Gothenburg University, Stanford University
Academic work
DisciplineEconomics, technology, innovation
Sub-disciplineIntellectual Property, Licensing
InstitutionsChalmers University of Technology, Sweden

Sven Ove Granstrand (born 11 August 1944) is a Swedish economist and management scholar known for his contributions to the field of industrial economics, particularly on technological change, innovation and intellectual property rights.[1]

In 1986, Granstrand was appointed as Regius Professor in Industrial Management and Economics at Chalmers University of Technology.[2] He was also the founder and chairman of the Center for Intellectual Property Studies.[2][3][4] In 2000, he co-founded the European Institute of Technology and Innovation Management.[2][5] In 1993, he was elected a member of Royal Swedish Academy of Engineering Sciences,[6] and a lifetime fellow at Clare Hall at the University of Cambridge in 2019.[7][8]

Granstrand has held many visiting professorships at various institutions including Stanford Institute for Economic Policy Research,[9][10] Science Policy Research Unit, University of Sussex (1990), MIT Sloan School of Management (1985–1986), and Akademia Nauk in Moscow.[1][2][11] In 2019, he was appointed to the Leverhulme Trust Visiting Professorship at the University of Cambridge's Institute for Manufacturing .[8][12][13] Granstrand has also hosted international symposia in Scandinavia, such as the three Wallenberg Symposia on 'Economics of Technology' in 1991,[14] 'Economics, Law and Intellectual property' in 2000,[15] and 'Medicine, Technology and Economics' in 2007.[16]

During his influential academic career Granstrand has served on many expert committees for the European Commission[17][18][19][20] and on various boards in academia and industry.[1]

Education

Granstrand began his academic journey studying engineering physics but soon found his calling in economics.[2] He received a Master of Science (M.Sc.) from Chalmers University of Technology in Mechanical Engineering in 1969 as well as an M.Sc. degree in Mathematics in 1971 and an MBA from the Graduate School of Business in Göteborg in 1971. In 1972, he graduated with an M.Sc. in Operations Research from Stanford University as a PhD candidate. Returning to Sweden he received his PhD in Industrial Management and Economics from Chalmers University of Technology in 1979.[11]

His doctoral dissertation 'Technology Management and Markets' from 1979 (published by Pinter Publ. in 1982)[21] was one of the first worldwide in the then new field of Technology Management. Exploring R&D management and innovation in industrial organizations and the economics of technological change led him to conclude that quasi-integrated innovation systems (later termed as open innovation) was conducive to innovativeness.

As an emeritus he returned to mathematics and operations research and resumed studies for another PhD degree at the Department of Mathematical Sciences at Chalmers.[22]

Academic contributions and influence

Granstrand's research interests span a broad range of topics in economics and management of technology, innovation and IP. In particular, he has studied technology management, corporate strategy and diversification in multi-technology corporations in Europe, Japan and the USA,[23][24][25] as well as various issues related to R&D, intellectual property and intellectual capital more generally.[26] His research is extensively based on primary data collected through dozens of large scale surveys and extensive field trips to many countries, visiting hundreds of firms, institutes and agencies and conducting well over a thousand interviews, providing deep insights in managerial behaviour beyond what is published.[2][9] He has also worked with mathematical modelling and simulation[27][28][29][30] and has throughout a long and diverse research career acquired experience in a broad range of research methods.

Orienting his work along the lines of thinking in Schumpeterian and evolutionary theories, Granstrand early on conceptualized and showed that quasi-integrated organizational forms for external acquisition and exploitation of new technologies (i.e. what later became termed inbound and outbound open innovation) likely was conducive to the innovativeness of industrial firms, whereby he contributed to transaction cost theory as developed by Oliver Williamson.[2][31] He also conducted and supervised a number of empirical studies of various technology acquisition and exploitation strategies besides in-house R&D, such as technology licensing, external technology collaborations, acquisitions and spin-offs of technology-based firms and technology intelligence.[32][31] Granstrand contributed to the theory of the firm by showing how multi-technology based firms emerge and engage in intertwined processes of technology diversification and product diversification.[33] Granstrand contributed to the theory of patent rights and their rationales by showing how IP rights can be used as tools for innovation governance.[34][35] He has also contributed to the economics of technology and innovation by developing a theoretical framework for techno-economic analysis of the dynamic and uncertain relations between technological bases, technical performance parameters,[36] innovations and economic performance with models of compound buyer-seller diffusion,[28][29] technological disruption, and an endogenizing feedback structure through investments in R&D and new technologies.[37] He contributed to the theorizing about the formation of intellectual capital and emergence of intellectual capitalism, much driven by ICTs, lowering transaction costs and enabling intangible products, in conjunction with strengthened IPRs enabling trade in intangibles.[38] Along the way Granstrand has also made contributions to innovation policy analysis[26] as well as to ecosystem analysis[39][40] and game theory.[30] He has also been an esteemed educator and lecturer in technology and IP management and innovation economics throughout his academic career, having developed several new courses and new course material.[41]

Granstrand published over 200 articles and reports and authored or edited nearly 20 books.[42] His book "The Economics of Management of Intellectual Property– Towards Intellectual Capitalism"[38] remains a highly-cited pioneering and comprehensive work and a go-to reference even after being published more than 20 years ago. Some of his other books are:

  • Evolving Properties of Intellectual Capitalism – Patents and Innovations for Growth and Welfare (Edward Elgar, 2018)[26]
  • Industrial Innovation Economics and Intellectual Property (Svenska Kulturkompaniet Publ., 2018)[43]
  • Economics, Law and Intellectual Property. (Editor), (Kluwer Academic Publ., 2003)[44]
  • The Economics and Management of Technological Diversification. Co-edited with Cantwell, J. and Gambardella, A. (Routledge, 2004)[33]
  • Bringing Technology and Innovation into the Boardroom. (Palgrave Publ., 2004) (Chapters and editorial contributions to a book co-authored with the European Institute of Technology and Innovation Management).[45]
  • Economics of Technology. (Editor) (Elsevier Science Publ., 1994)[46]
  • The Race to European Eminence: who are the coming tele-service multinationals? Elsevier Publ. Co-edited with E. Bohlin. (North-Holland Publ., 1994)[47]
  • Technology Management and International Business: Internationalization of R&D Technology, Co-edited with Håkansson, L. and Sjölander, S. (Wiley, 1992)[48]
  • Technology, Management and Markets: an investigation of R&D and innovation in industrial organizations (Pinter Publ., 1982)[21]

Selected papers

Granstrand, O. "A cooperative game theory systems approach to the value analysis of (innovation) ecosystems", Technovation, Volume 130, February 2024.[30]

Granstrand, O. and M. Holgersson "Innovation ecosystems: A conceptual review and a new definition", Technovation, Volumes 90–91, February–March 2020.[49]

Granstrand, O. "Towards a Theory of Innovation Governance and the Role of IPRs", GRUR International, Volume 69, Issue 4, April 2020, Pages 341-354.[34]

Granstrand, O. "Towards a theory of the technology-based firm" Research policy 27.5 (1998): 465-489.[50]

Granstrand, O., P. Patel, and K. Pavitt "Multi-technology corporations: why they have "distributed" rather than "distinctive core" competencies" California Management Review 39.4 (1997): 8-25.[23]

Granstrand, O., and C. Oskarsson "Technology diversification in "MUL-TECH" corporations" IEEE Transactions on Engineering Management 41.4 (1994): 355-364.[24]

Granstrand, O., E. Bohlin, C. Oskarsson, and N. Sjöberg "External technology acquisition in large multi‐technology corporations" R&D Management 22.2 (1992): 111-134.[31]

Granstrand, O., and S. Sjölander "The acquisition of technology and small firms by large firms" Journal of Economic Behavior & Organization 13.3 (1990): 367-386.[32]

Granstrand, O., and S. Sjölander "Managing innovation in multi-technology corporations" Research Policy 19.1 (1990): 35-60.[51]

References

  1. ^ a b c "Ove Granstrand". Innovation and Intellectual Property Research Group. Retrieved 16 June 2024.
  2. ^ a b c d e f g Granstrand, Ove (2009). "Kapitel 36: Vad IUI betytt för mig". In Henrekson, Magnus (ed.). IUI/IFN 1939-2009: sju decennier av forskning om ett näringsliv i utveckling (PDF) (in Swedish). Stockholm: Ekerlid : Institutet för näringslivsforskning. pp. 421–433. ISBN 9789170921155.
  3. ^ "Management Group and the Board". Center for Intellectual Property Studies. Archived from the original on 2003-12-12. Retrieved 30 June 2024.
  4. ^ "Background and history". Center for Intellectual Property Studies. Archived from the original on 2012-01-30. Retrieved 30 June 2024.
  5. ^ Tschirky, Hugo; Herstatt, Cornelius; Probert, David; Gemünden, Hans Georg; Durand, Thomas; Schweisfurth, Tim; Weerd-Nederhof, Petra C. de (2010). Managing Innovation Driven Companies: Approaches in Practice. Springer. ISBN 978-0-230-30654-7.
  6. ^ "Ove Granstrand". Kungl. Ingenjörsvetenskapsakademien (in Swedish). Retrieved 1 July 2024.
  7. ^ "IfM News and Features". University of Cambridge - Institute for Manufacturing (IfM). Retrieved 19 June 2024.
  8. ^ a b "Prof Ove Granstrand". University of Cambridge - Institute for Manufacturing (IfM). Retrieved 1 July 2024.
  9. ^ a b Granstrand, Ove (2018). "Preface". Evolving Properties of Intellectual Capitalism: Patents and Innovations for Growth and Welfare. Cheltenham, UK: Edward Elgar Publishing. pp. xiii–xv. ISBN 9780857935458.
  10. ^ "Research at Stanford University". Innovation and Intellectual Property Research Group. 2013-02-25. Retrieved 19 June 2024.
  11. ^ a b "Forskare Ove Granstrand". Imit (in Swedish). Retrieved 19 June 2024.
  12. ^ "Recent talks delivered by Ove Granstrand". Innovation and Intellectual Property Research Group. 2019-06-11. Retrieved 19 June 2024.
  13. ^ "IfM News and Features". www.ifm.eng.cam.ac.uk. Retrieved 19 June 2024.
  14. ^ David, Paul A. (1993). "On Svante Lindqvists changing Technological Landscape" (PDF). Technology and Economic Change.
  15. ^ Granstrand, Ove (2003). Granstrand, Ove (ed.). Economics, Law and Intellectual Property. Springer-Science+Business Media, B.V. pp. 1–5. doi:10.1007/978-1-4757-3750-9. ISBN 978-1-4419-5416-9.
  16. ^ Granstrand, Ove (2007). "The Changing Roles of IPRs in Bio-Health Technologies". Presentation at the Wallenberg Symposium on Medicine, Technology and Economics – Seeking Strategies for Research and Teaching in Converging Fields, 26 October, 2007, Stockholm.
  17. ^ Ullrich, H.; Straus, J.; Arundel, A.; Deberdt, D.; Granstrand, O.; Carbajal, M.A.; Holzer, W.; Kingston, W.H.; Bas, C.L. as members of the ETAN expert group (European Technology Assessment Network). (1999). Report on "Strategic Dimensions of Intellectual Property Rights in the context of Science and Technology Policy"
  18. ^ European Commission, Research Directorate General; Granstrand, Ove; Foray, Dominique; David, Paul and a group of independent experts (2001). "IPR (Intellectual Property Rights) Aspects of Internet Collaborations".
  19. ^ European Commission, Research Directorate General; Granstrand, Ove; Adams, John; Cameron, Hugh as members of an independent Expert Working Group (2002). "Role and Strategic Use of Intellectual Property Rights in International Research Collaborations."
  20. ^ European Commission, Directorate-General for Research and Innovation; Granstrand, Ove; Adams, John; Kamperman Sanders, Anselm (2003). "Expert group report on strategic use and adaptation of intellectual property rights systems in information and communications technologies-based research", Publications Office.
  21. ^ a b Granstrand, Ove (1982). Technology, management and markets: an investigation of R & D and innovation in industrial organizations. London: Pinter. ISBN 0-86187-270-3.
  22. ^ "Ove Granstrand". research.chalmers.se. Retrieved 19 June 2024.
  23. ^ a b Granstrand, Ove; Patel, Parl; Pavitt, Keith (1997). "Multi-Technology Corporations: Why They Have "Distributed" Rather Than "Distinctive Core" Competencies". California Management Review. 39 (4): 8–25. doi:10.2307/41165908. ISSN 0008-1256. JSTOR 41165908.
  24. ^ a b Granstrand, Ove; Oskarsson, Christer (1994). "Technology diversification in "MUL-TECH" corporations". IEEE Transactions on Engineering Management. 41 (4): 355–364. doi:10.1109/17.364559.
  25. ^ Granstrand, Ove (1999). "Internationalization of corporate R&D: a study of Japanese and Swedish corporations1". Research Policy. 28 (2): 275–302. doi:10.1016/S0048-7333(98)00112-7. ISSN 0048-7333.
  26. ^ a b c Granstrand, Ove (2018). Evolving properties of intellectual capitalism: patents and innovations for growth and welfare. Cheltenham, UK: Edward Elgar Publishing. ISBN 9780857935458.
  27. ^ Granstrand, Ove (1986). "ON MEASURING AND MODELLING INNOVATIVE NEW ENTRY IN SWEDISH INDUSTRY." Institutet för Näringslivsforskning.
  28. ^ a b Granstrand, Ove (1986). "The Modelling of Buyer/Seller Diffusion Processes – A Novel Approach to Modelling Diffusion and Simple Evolution of Market Structure". Paper presented at the conference Innovation Diffusion in Venice.
  29. ^ a b Granstrand, Ove (1991). "Temporal diffusion and population dynamics: A systems model". In Nakićenović, Nebojša; Grübler, Arnulf (eds.). Diffusion of Technologies and Social Behavior. Springer Berlin Heidelberg. pp. 247–263. doi:10.1007/978-3-662-02700-4. ISBN 978-3-662-02700-4.
  30. ^ a b c Granstrand, Ove (2024). "A cooperative game theory systems approach to the value analysis of (innovation) ecosystems". Technovation. 130 (C). doi:10.1016/j.technovation.2023.102926. ISSN 0166-4972.
  31. ^ a b c Granstrand, Ove; Bohlin, Erik; Oskarsson, Christer; Sjöberg, Niklas (1992). "External technology acquisition in large multi-technology corporations". R&D Management. 22 (2): 111–134. doi:10.1111/j.1467-9310.1992.tb00801.x. ISSN 0033-6807.
  32. ^ a b Granstrand, Ove; Sjölander, Sören (1990). "The acquisition of technology and small firms by large firms". Journal of Economic Behavior & Organization. 13 (3): 367–386. doi:10.1016/0167-2681(90)90006-Y. ISSN 0167-2681.
  33. ^ a b Granstrand, Ove; Cantwell, John; Gambardella, Alfonso (2004). The Economics and Management of Technological Diversification. Routledge. ISBN 978-0415285704.
  34. ^ a b Granstrand, Ove (2020). "Towards a Theory of Innovation Governance and the Role of IPRs". GRUR International. 69 (4): 341–354. doi:10.1093/grurint/ikaa024.
  35. ^ Granstrand, Ove (2006). "Chapter 10: Intellectual Property Rights for Governance in and of Innovation Systems". In Andersen, Birgitte (ed.). Intellectual Property Rights: Innovation, Governance and the Institutional Environment. Cheltenham, UK: Edward Elgar Publishing. pp. 311–343. ISBN 9781845422691.
  36. ^ Granstrand, Ove (1998). "Towards a theory of the technology-based firm". Research Policy. 27 (5): 465–489. doi:10.1016/S0048-7333(98)00067-5.
  37. ^ Granstrand, Ove (2018). "Innovation, IP and intellectual capitalism". Evolving Properties of Intellectual Capitalism: Patents and Innovations for Growth and Welfare. Cheltenham, UK: Edward Elgar. pp. 1–36. ISBN 9780857935458.
  38. ^ a b Granstrand, Ove (1999), The Economics and Management of Intellectual Property: Towards Intellectual Capitalism, Cheltenham, UK ; Northampton, MA, USA: E. Elgar Pub., ISBN 978-1-78100-863-8
  39. ^ Granstrand, Ove; Holgersson, Marcus (2020). "Innovation ecosystems: A conceptual review and a new definition". Technovation. 90–91: 102098. doi:10.1016/j.technovation.2019.102098. ISSN 0166-4972.
  40. ^ Holgersson, Marcus; Granstrand, Ove; Bogers, Marcel (2018). "The evolution of intellectual property strategy in innovation ecosystems: Uncovering complementary and substitute appropriability regimes". Long Range Planning. 51 (2): 303–319. doi:10.1016/j.lrp.2017.08.007. ISSN 0024-6301.
  41. ^ "Ove Granstrand". Chalmers University of Technology (in Swedish). 2013-06-26. Archived from the original on 2013-06-26. Retrieved 1 June 2024.
  42. ^ "Ove Granstrand". Google Scholar. Retrieved 1 June 2024.
  43. ^ Granstrand, Ove (2018). Industrial Innovation Economics and Intellectual Property (7 ed.). Gothenburg, Sweden: Svenska Kulturkompaniet. ISBN 978-91-970257-2-0.
  44. ^ Granstrand, Ove, ed. (2003). Economics, Law and Intellectual Property. doi:10.1007/978-1-4757-3750-9. ISBN 978-1-4419-5416-9.
  45. ^ European Institute for Technology and Innovation Management (2004). Bringing Technology and Innovation into the Boardroom. doi:10.1057/9780230512771. ISBN 978-1-349-43246-2.
  46. ^ Granstrand, Ove, ed. (1994). Economics of Technology. Elsevier Science Ltd. ISBN 978-0444815064.
  47. ^ Bohlin, Erik; Granstrand, Ove (1994). The Race to European eminence: who are the coming tele-service multinationals?. Amsterdam ; New York: North-Holland. ISBN 0444819614.
  48. ^ Granstrand, Ove; Håkanson, Lars; Sjölander, Sören (1992). Technology management and international business: internationalization of R&D and technology. Chichester ; New York: Wiley. ISBN 0471934259.
  49. ^ Granstrand, Ove; Holgersson, Marcus (2020). "Innovation ecosystems: A conceptual review and a new definition". Technovation. 90–91: 102098. doi:10.1016/j.technovation.2019.102098. ISSN 0166-4972.
  50. ^ Granstrand, Ove (1998). "Towards a theory of the technology-based firm1". Research Policy. 27 (5): 465–489. doi:10.1016/S0048-7333(98)00067-5. ISSN 0048-7333.
  51. ^ Granstrand, Ove; Sjölander, Sören (1990). "Managing innovation in multi-technology corporations". Research Policy. 19 (1): 35–60. doi:10.1016/0048-7333(90)90033-3. ISSN 0048-7333.
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