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Last edited by Franktietze (talk | contribs) 25 days ago. (Update) |
Ove Granstrand | |
|---|---|
 Attending the IPACST advisory board meeting at the University of Cambridge, Institute for Manufacturing (IfM) | |
| Nationality | Swedish |
| Academic background | |
| Alma mater | Chalmers University of Technology, Gothenburg University, Stanford University |
| Academic work | |
| Discipline | Economics and management of technology and innovation |
| Sub-discipline | Innovation Management, Intellectual Property, Licensing |
| Institutions | Chalmers University of Technology, Sweden |
| Website | www.ip-research.org |
Sven Ove Granstrand (born 11 August 1944 in Jönköping, Sweden) is a distinguished Swedish economist known for his contributions to the field of industrial economics and management, with a particular focus on innovation and intellectual property rights. Granstrand's innovative research has played a pivotal role in shaping global understanding of the economics of technology, patents, and corporate strategy earning him international recognition. His research has influenced academia and industry, sparking policy discussions and affecting corporate decision-making globally.
In 1986 Granstrand was appointed by the Swedish King to serve as Professor in Industrial Management and Economics at Chalmers University of Technology, where he became instrumental in building the Department of Technology Management and Economics. At Chalmers he was also founder and chairman of the Center for Intellectual Property Studies (CIP), which ran for many years as a joint centre by Chalmers University of Technology and the School of Economics and Commercial Law at Göteborg University. In 1993 he was elected a member of the Royal Swedish Academy of Engineering Sciences. From 1995 to 1998 he served as member of the governing board at Jönköping University, Sweden.
Granstrand held many visiting professorships at esteemed institutions worldwide most notably at the Stanford Institute for Economic Policy Research (SIEPR) where he became good friends with the late Nathan Rosenberg, as well as SPRU, University of Sussex (1990), MIT Sloan School (1985-1986) and Academia Nauk in Moscow. In 2019, he was appointed to a Leverhulme Trust Visiting Professorship at the University of Cambridge, Institute for Manufacturing (IfM). During that time he became a lifetime visiting fellow at Clare Hall College, Cambridge, following footsteps, such as of MIT colleague James M. Utterback, himself a pioneer in technology and innovation research. Through his visits he became close academic friends with many influential economists, such as Christopher Freeman, Edwin Mansfield, Nathan Rosenberg, Paul A. Davis, Kenneth Arrow and others at Stanford as well as Frederic M. Scherer at Harvard.
During his influential academic career Granstrand served on committees and as rapporteur for the European Commission, including the ETAN Working Group for the European Commission on 'Strategic Dimensions of IPRS in the context of Science and Technology Policy' (1998-2000), 'IPR Aspects on Internet Collaborations' (2000-2001), 'Role and Strategic use of IPR in International Research Collaboration' (2001) and 'IPR Systems in ICT-based Research' (2003).
Granstrand hosted a number of influential symposia in Scandinavia, such as the Wallenberg Symposium on ‘Medicine, Technology and Economics – Seeking strategies for research and teaching in converging fields.’ in Stockholm (2007) attended, amongst others, by later Nobel Laureate Alvin E. Roth, Nathan Rosenberg, Richard Nelson, and David C. Mowery, followed by celebrations in honour of Nathan Rosenberg's contributions and his 80th birthday in the Nobel Prize museum. He also hosted the Symposium ‘Economics of Technology – Seeking strategies for research and teaching in a developing field’ in Marstrand, Sweden in August 1991.
In 2000, together with leading European technology and innovation management academics he co-founded the European Institute of Technology and Innovation Management (EITIM).
His inspirational teaching, research and academic leadership inspired a number of younger academics, amongst them Marcus Holgersson, who became himself professor at Chalmers University of Technology and Frank Tietze, who became the first Professor of Innovation Engineering at the University of Cambridge, UK.
Education edit
Granstrand has a broad interdisciplinary basic training with 4 Master degrees, covering engineering, mathematics, management and economics which allowed him to work on many theoretical as well as empirical issues in many areas, although with a consistent focus on technology, innovation and related matters.
Granstrand began his academic journey studying engineering physics but soon found his calling in economics. His academic education at Chalmers University of Technology and the University of Gothenburg was followed by graduate studies at Stanford University. He received a Master of Science (M.Sc.) from Chalmers 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. In 1979 he received his Ph.D. in Industrial Management and Economics from Chalmers University of Technology. His doctoral dissertation, published in 1982, was one of the first ones in the field of technology management. Exploring the economics of technical change and the strategic use of patents in corporate strategy concluding that quasi-integrated innovation systems (later dubbed as open innovation) was conducive to innovativeness. He currently pursues PhD studies in Mathematics.
Academic contributions and influence edit
Granstrand's research interests span a broad range of topics, including the management and economics of innovation, intellectual property, and corporate strategy and diversification. He has also extensively studied multi-technology corporations and the evolution of technology-based economies. His work often intersects with technology policy, emphasizing the interplay between technological advancement, economic growth, and societal impact.
His research interest concerns economics and management of technology and innovation. In particular, he studied innovation, corporate strategy and diversification in multi-technology corporations in Europe, Japan and the USA, as well as various issues related to R&D, intellectual property and intellectual capital more generally. His research is extensively based on primary data collected through extensive field trips to more than ten countries visiting more than hundred firms and conducting well above a thousand interviews.
Orienting his work along the lines of thinking in Schumpeterian and evolutionary theories he challenged received theories and wisdom about technology and innovation from business schools and orthodox economics making a number of notable theoretical contributions. By showing the likely conduciveness of quasi-integrated organizational forms of R&D (what was later dubbed open innovation) to the innovativeness of industrial firms he contributed to transaction cost theory as developed by Oliver Williamson. He contributed to the theory of the firm by showing how multi-technology based firms engage in related technology and product diversification as well as internationalization of R&D. Granstrand contributed to the theory of patent rights and its rationale by showing that IP rights can be used as innovation governance tool. He contributed to the economics of technology and innovation. Grounded in Schumpeterian and evolutionary type of theories as well as in systems theory and micro-economic theories like diffusion theory he developed a much recognized theoretical framework for techno-economic analysis with models of compound buyer-seller diffusion, technological disruption (same year as Clayton M. Christensen), technological bases and distance, technical and economic performance parameters and a feedback structure through R&D investments. 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. Along the way Granstrand made contributions to ecosystem analysis and game theory, also introducing several new theoretical concepts, such as technological distance, multi-technology corporations, buyer-seller diffusion, open innovation markets, intellectual capitalism among others.
Granstrand published about 200 articles and edited or authored nearly 20 books. His book "The Economics of Management of Intellectual Property– Towards Intellectual Capitalism" remains a pioneering and comprehensive work and a go-to reference even after being published more than 20 years ago. Some of the other books are:
- Evolving Properties of Intellectual Capitalism – Patents and Innovations for Growth and Welfare (Edward Elgar, 2018)
- Industrial Innovation Economics and Intellectual Property (Svenska Kulturkompaniet Publ., 2018)
- Economics, Law and Intellectual Property. (Editor), Kluwer (Academic Publishers, Dordrecht, 2003)
- The Economics and Management of Technological Diversification. Co-edited with Cantwell, J. and Gambardella, A. (Routledge, London, 2004)
- 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).
Granstrand's commitment to exploring the multifaceted relationships between technology, intellectual property rights, and business strategy continues to inspire researchers and practitioners alike. His interdisciplinary approach, intellectual rigor, and dedication to knowledge sharing underscore his prominent standing in the field of economics and beyond.
Selected papers with particular influence edit
Granstrand, Ove. "Towards a theory of the technology-based firm." Research policy 27.5 (1998): 465-489.
Granstrand, Ove, Parl Patel, and Keith Pavitt. "Multi-technology corporations: why they have “distributed” rather than “distinctive core” competencies." California management review 39.4 (1997): 8-25.
Granstrand, Ove, and Christer Oskarsson. "Technology diversification in" MUL-TECH" corporations." IEEE Transactions on Engineering Management 41.4 (1994): 355-364.
Granstrand, Ove, et al. "External technology acquisition in large multi‐technology corporations." R&D Management 22.2 (1992): 111-134.
Granstrand, Ove, and Sören Sjölander. "The acquisition of technology and small firms by large firms." Journal of Economic Behavior & Organization 13.3 (1990): 367-386.
Granstrand, Ove, and Sören Sjölander. "Managing innovation in multi-technology corporations." Research Policy 19.1 (1990): 35-60.
Personal live edit
Ove Granstrand is the son of Sven Einar and Ingegerd Jenny (Adolfsson). He lives in Moelndahl, near Gothenburg and is married to Karin Elisabeth Ahlberg. Together they have one son. Granstrand is a passionate jazz pianist, frequent traveller and has a refreshing sense of humour.