James, Leiblein, Lu (2013) Flashcards

1
Q

How firms capture value from their innovations:
Appropriation mechanism examples

A
  • Formal legally backed:
    o Patents, science and technology
    o trademarks, brands and origin
    o copy rights, original works (music)
    o design rights, form and shape
    o plant variety rights
  • Informal strategic:
    o Secrecy, NDA & confidentiality, restrictions, org division
    o Complexity, raise difficulty in understanding the innovation
    o Lead time advantage
    o Property pre-emptive investment, publish to public domain
    o HRM practices
How well did you know this?
1
Not at all
2
3
4
5
Perfectly