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This article analyses the scope and impact of patent management in high technology companies. The exploratory empirical study is based on a conceptual framework, which relates patent management to firm performance by taking various contingent factors into account. The empirical analyses give a detailed descriptive overview about patent management in high technology firms. Further, differences in patent management between young and established high technology companies and special characteristics of biotechnology firms are examined. Finally, preliminary insights regarding the impact of patent management on firm performance are gained. The empirical findings have implications for improving patent management in high technology firms.