Aspirations of Indian inventors moderated by patenting experience, age and sector

In this hyper-competitive era, patents are an essential input to realizing sustainable competitive advantage. However, individual differences exist in patenting filing behavior and behaviors related to commercialization of patents. This study explores these behaviors in the context of three demographic variables. The demographic variables are patenting and commercialization experiences of inventors, age and sector. Further, aspirations of these inventors are assessed using external motivators of wealth, fame, and concern for societal welfare, and internal motivators such as pragmatism. The findings of this empirical study (n = 116) suggest that sector and age determine differences in personal internal motivators more than patent commercialization experience. Implications of the study are discussed.