Abstract
| Original language | English |
|---|---|
| Journal | Small Business Economics |
| Volume | 50 |
| Issue number | 1 |
| Pages (from-to) | 113-129 |
| Number of pages | 17 |
| ISSN | 0921-898X |
| DOIs | |
| Publication status | Published - 2018 |
Keywords
- Young innovative companies
- Appropriability
- Patents
Cite this
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Which IP Strategies Do Young Highly Innovative Firms Choose. / Veugelers, Reinhilde; Schneider, Cédric.
In: Small Business Economics, Vol. 50, No. 1, 2018, p. 113-129.Research output: Contribution to journal › Journal article › Research › peer-review
TY - JOUR
T1 - Which IP Strategies Do Young Highly Innovative Firms Choose
AU - Veugelers, Reinhilde
AU - Schneider, Cédric
PY - 2018
Y1 - 2018
N2 - This paper describes and analyzes the strategies of young highly innovative companies to appropriate the returns from their innovations. Upon controlling for other firm and industry characteristics, we show that firms combining a young age and small scale with a high R&D intensive profile are more likely to use intellectual property (IP), specifically combining formal and informal appropriation mechanisms. They are especially more likely to choose secrecy in combination with formal IP. This holds primarily when they introduce more radical innovations new to the market.
AB - This paper describes and analyzes the strategies of young highly innovative companies to appropriate the returns from their innovations. Upon controlling for other firm and industry characteristics, we show that firms combining a young age and small scale with a high R&D intensive profile are more likely to use intellectual property (IP), specifically combining formal and informal appropriation mechanisms. They are especially more likely to choose secrecy in combination with formal IP. This holds primarily when they introduce more radical innovations new to the market.
KW - Young innovative companies
KW - Appropriability
KW - Patents
KW - Secrecy
KW - Young innovative companies
KW - Appropriability
KW - Patents
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U2 - 10.1007/s11187-017-9898-y
DO - 10.1007/s11187-017-9898-y
M3 - Journal article
VL - 50
SP - 113
EP - 129
JO - Small Business Economics
JF - Small Business Economics
SN - 0921-898X
IS - 1
ER -