JOURNAL OF MARKETING DEVELOPMENT AND COMPETITIVENESS
Board of Director Composition, and Ownership and Their Relationship to Patents: An Empirical Study
Author(s): David Epstein, Cory Angert, Charles Strain
Citation: David Epstein, Cory Angert, Charles Strain, (2017)"Board of Director Composition, and Ownership and Their Relationship to Patents: An Empirical Study," Journal of Marketing Development and Competitiveness Vol. 11, Iss.2 , pp. 78-87
Article Type: Research paper
Publisher: North American Business Press
In this paper we examine the impact of board structure on patenting activity. In particular, we look at inside directors, board diversity, inside ownership, and board size. Board diversity was significantly and negatively related to patenting activity and inside ownership was marginally and negatively related to patenting activity. The research is relevant to current businesses by illustrating the potential dangers of board diversity and inside ownership on patenting activity.