Abstract
| Original language | English |
|---|---|
| Place of Publication | Frederiksberg |
| Publisher | DRUID - Danish Research Unit for Industrial Dynamics |
| Number of pages | 35 |
| ISBN (Print) | 8791506301 |
| Publication status | Published - 2005 |
| Series | DRUID Working Paper |
|---|---|
| Number | 05-02 |
Keywords
- Appropriability
- Intellectual property rights
- Innovation
- Innovative performance
Cite this
}
My Precious : The Role of Appropriability Strategies in Shaping Innovative Performance. / Laursen, Keld; Salter, Ammon.
Frederiksberg : DRUID - Danish Research Unit for Industrial Dynamics, 2005.Research output: Working paper › Research
TY - UNPB
T1 - My Precious
T2 - The Role of Appropriability Strategies in Shaping Innovative Performance
AU - Laursen, Keld
AU - Salter, Ammon
PY - 2005
Y1 - 2005
N2 - 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.
AB - 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.
KW - Appropriability
KW - Intellectual property rights
KW - Innovation
KW - Innovative performance
KW - Appropriability
KW - Intellectual property rights
KW - Innovation
KW - Innovative performance
M3 - Working paper
SN - 8791506301
T3 - DRUID Working Paper
BT - My Precious
PB - DRUID - Danish Research Unit for Industrial Dynamics
CY - Frederiksberg
ER -