Managing Intellectual Property in China: A Multidisciplinary Review and Recommendations for Future Research

Despite extensive media coverage on issues related to intellectual property (IP) in China, the academic literature on this topic has been sporadic. Two factors might be at play here. One is the multifaceted nature of IP: as IP is a legal asset with significant implications for firm performance and social welfare, the literature is scattered in various disciplines such as law, economics, strategy, and political science. The other is the unique institutional environment in China: policy-driven investments in IP have resulted in the decoupling of IP as a value appropriation mechanism in market competition and IP as a nonmarket strategy to engage with regulators. This review aims to bring the multiple streams of literature into a structured framework, with a side-by-side comparison with research based in developed countries, mostly in the US. Building on the combined research streams, we then recommend avenues of future research that can potentially speak to a broad audience in innovation, competition, and nonmarket strategies.