My Precious

The Role of Appropriability Strategies in Shaping Innovative Performance

Keld Laursen, Ammon Salter

    Publikation: Working paperForskning

    Resumé

    The strategies firms use to protect their intellectual property and knowledgecan strongly influence their ability to capture the benefits of their innovative efforts.In attempting to appropriate their innovations, firms can chose from a range ofmechanisms, including patents, trade secrets and lead times. Yet, little is known abouthow the use of different appropriability mechanisms may shape innovativeperformance. Using a large-scale database of UK manufacturing firms, we examinehow legal (such as patents) and first mover (such as secrecy) appropriability strategiesshape performance. We find that both strategies are curvilinearly (taking an invertedU-shape) related to innovative performance, indicting that some firms may sufferfrom a myopia of protectiveness, relying too heavily on appropriation to the detrimentof other activities.
    OriginalsprogEngelsk
    Udgivelses stedFrederiksberg
    UdgiverDRUID - Danish Research Unit for Industrial Dynamics
    Antal sider35
    ISBN (Trykt)8791506301
    StatusUdgivet - 2005
    NavnDRUID Working Paper
    Nummer05-02

    Emneord

    • Appropriability
    • Intellectual property rights
    • Innovation
    • Innovative performance

    Citer dette

    Laursen, K., & Salter, A. (2005). My Precious: The Role of Appropriability Strategies in Shaping Innovative Performance. Frederiksberg: DRUID - Danish Research Unit for Industrial Dynamics. DRUID Working Paper, Nr. 05-02
    Laursen, Keld ; Salter, Ammon. / My Precious : The Role of Appropriability Strategies in Shaping Innovative Performance. Frederiksberg : DRUID - Danish Research Unit for Industrial Dynamics, 2005. (DRUID Working Paper; Nr. 05-02).
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    abstract = "The strategies firms use to protect their intellectual property and knowledge can strongly influence their ability to capture the benefits of their innovative efforts. In attempting to appropriate their innovations, firms can chose from a range of mechanisms, including patents, trade secrets and lead times. Yet, little is known about how the use of different appropriability mechanisms may shape innovative performance. Using a large-scale database of UK manufacturing firms, we examine how legal (such as patents) and first mover (such as secrecy) appropriability strategies shape performance. We find that both strategies are curvilinearly (taking an inverted U-shape) related to innovative performance, indicting that some firms may suffer from a myopia of protectiveness, relying too heavily on appropriation to the detriment of other activities.",
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    Laursen, K & Salter, A 2005 'My Precious: The Role of Appropriability Strategies in Shaping Innovative Performance' DRUID - Danish Research Unit for Industrial Dynamics, Frederiksberg.

    My Precious : The Role of Appropriability Strategies in Shaping Innovative Performance. / Laursen, Keld; Salter, Ammon.

    Frederiksberg : DRUID - Danish Research Unit for Industrial Dynamics, 2005.

    Publikation: Working paperForskning

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    Laursen K, Salter A. My Precious: The Role of Appropriability Strategies in Shaping Innovative Performance. Frederiksberg: DRUID - Danish Research Unit for Industrial Dynamics. 2005.