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How Firms Capture Value From Their Innovations

Leiblein, Michael J. - ; James, Sharon D. - ; Lu, Shaohua - ;

Over the past 25 years, the technology strategy literature has examined how four primary mechanisms?patents, secrecy, lead time, and complementary assets?influence whether and to what extent firms capture value generated by their innovations. Although this literature has had a profound impact on our understanding of how firms capture value from innovation, we have yet to develop a robust theory that allows us to unbundle the characteristics of institutions, industries, firms, and individual technologies that affect the selection of particular value capture mechanisms. The purpose of this article is to provide a foundation for addressing these gaps in the literature. We identify and assess relevant scholarly work regarding value capture mechanisms published in top-tier peer-reviewed management journals between 1980 and 2011. We then review the assumptions, insights, and causal mechanisms for the antecedents and consequences of the value capture mechanisms highlighted in these articles. The ultimate objective is to identify research opportunities that help to better understand the conditions under which specific bundles of value capture mechanisms are most likely to help innovating firms achieve persistent superior performance. .Printed Journal


Ketersediaan

Call NumberLocationAvailable
JOM3905PSB lt.dasar - Pascasarjana1
Penerbit: Southern Management Association
Edisi-
SubjekPerformance
Innovation
Research and development
Appropriability
value capture mechanisms
ISBN/ISSN-
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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