Journal ArticleDOI
Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy
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In this article, the authors explain why innovating firms often fail to obtain significant economic returns from an innovation, while customers, imitators and other industry participants be- nefit.About:
This article is published in Research Policy.The article was published on 1993-04-01. It has received 7020 citations till now. The article focuses on the topics: Complementary assets & Commercial policy.read more
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Trading off between Value Creation and Value Appropriation: The Financial Implications of Shifts in Strategic Emphasis:
Natalie Mizik,Robert Jacobson +1 more
TL;DR: In this article, the authors examine the effect that shifts in strategic emphasis have on stock return and find that the stock market reacts favorably when a firm increases its emphasis on value appropriation relative to value creation, but this effect is moderated by firm and industry characteristics, in particular, financial performance, the past level of strategic emphasis of the firm, and the technological envi...
Journal ArticleDOI
How open is open enough? Melding proprietary and open source platform strategies
TL;DR: Responding to the Internet and open source systems, three traditional vendors of proprietary platforms experimented with hybrid strategies which attempted to combine the advantages of open source software while retaining control and differentiation.
Journal ArticleDOI
Open Platform Strategies and Innovation: Granting Access vs. Devolving Control
TL;DR: Using data on 21 handheld computing systems, it is found that granting greater levels of access to independent hardware developer firms produces up to a fivefold acceleration in the rate of new handheld device development, depending on the precise degree of access and how this policy was implemented.
Posted Content
Innovation, Competition, and Industry Structure
TL;DR: In the case of manufacturing firms, there may be more profound causes than competitive turmoil that explain a firm's survival chances as discussed by the authors, and these have to do with the evolution of technology in an industry.
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Modeling a Paradigm Shift: From Producer Innovation to User and Open Collaborative Innovation
TL;DR: In this article, the authors assess the economic viability of innovation by producers relative to two increasingly important alternative models: innovations by single-user individuals or firms and open collaborative innovation and conclude that both models increasingly compete with and may displace producer innovation in many parts of the economy.
References
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Book
The Structure of Scientific Revolutions
TL;DR: The Structure of Scientific Revolutions as discussed by the authors is a seminal work in the history of science and philosophy of science, and it has been widely cited as a major source of inspiration for the present generation of scientists.
Journal ArticleDOI
Technological paradigms and technological trajectories: A suggested interpretation of the determinants and directions of technical change
TL;DR: In this article, the authors propose a model to account for both continuous changes and discontinuities in technological innovation, and define the process of selection of new technological paradigms among a greater set of notionally possible ones.