I, alnafrah Tokenized Innovation as a Solution for National Innovation System Failures

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 collaborative ties, and network disconnects. To address intellectual property rights management limitations, we propose tokenizing the system through blockchain technology. We introduce a blockchain-based 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 inform policy to achieve innovation-related SDGs.