Template-type: ReDif-Paper 1.0
Author-Name: Zobel, Ann-Kristin
Author-Name: Lokshin, Boris
Author-workplace-name: Organisation,Strategy & Entrepreneurship, RS: GSBE TIID
Author-Name: Hagedoorn, John
Author-workplace-name: Organisation,Strategy & Entrepreneurship, Mt Economic Research Inst on Innov/Techn, RS: GSBE TIID
Title: Formal and informal appropriation mechanisms: the role of openness and innovativeness
Abstract: This paper analyses how firms’ degree of openness and innovativeness influence their use of formal and informal appropriation mechanisms. Patents, trademarks, copyrights, and design rights are formal appropriation mechanisms. Secrecy, lead-time, and complexity are examples of informal appropriation mechanisms. Both external search breadth and depth are positively associated with firms’ use of informal appropriation mechanisms, while only external search breadth is positively associated with formal appropriation mechanisms. Firms’ degree of radical (incremental) innovation orientation is negatively (positively) associated with their use of formal appropriation mechanisms. Analysis of the joint impact of openness and innovativeness, suggests that for radical innovators it is external search breadth (rather than depth) that has a positive association with the use of informal appropriation mechanisms. In contrast, for radical innovators external search depth (rather than breadth) is associated with the use of formal appropriation mechanisms. For incremental innovators, external search breadth (rather than depth) is associated with the use of both formal and informal appropriation mechanisms.
Classification-JEL: o34,o31,o32,k11
Series: GSBE Research Memoranda
Creation-Date: 20160101
Number: 040
File-URL: https://cris.maastrichtuniversity.nl/ws/files/5788034/RM16040.pdf
File-Format: application/pdf
File-Size: 679720
Handle: Repec:unm:umagsb:2016040
DOI: 10.26481/umagsb.2016040