When the innovator fails to capture rents from innovation

Detalhes bibliográficos
Autor(a) principal: Ferreira, Manuel Portugal
Data de Publicação: 2012
Outros Autores: Serra, Fernando Ribeiro, Maccari, Emerson A.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.8/6174
Resumo: Innovating firms face the dilemma of knowing when they will be able to appropriate the rents accruing from their innovations. Only the future value of the rents creates an incentive to innovate, and all innovations that are either imitated or improved upon by competitors preempt innovator firms from capturing the rents. In this conceptual article, we observe boundary conditions under which protection ensures appropriation. A paradox emerges in that innovators benefit from networking and bandwagon effects but not from total diffusion of the knowledge. While networks are excellent vehicles for innovation, business and social ties connecting firms deepen the hazards associated with the appropriation of rents.
id RCAP_86f5aa648ec28856626331d366410705
oai_identifier_str oai:iconline.ipleiria.pt:10400.8/6174
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling When the innovator fails to capture rents from innovationBandwagon effectsComplementary assetsDiffusion of knowledgeInnovationInnovation rentNetwork tiesInnovating firms face the dilemma of knowing when they will be able to appropriate the rents accruing from their innovations. Only the future value of the rents creates an incentive to innovate, and all innovations that are either imitated or improved upon by competitors preempt innovator firms from capturing the rents. In this conceptual article, we observe boundary conditions under which protection ensures appropriation. A paradox emerges in that innovators benefit from networking and bandwagon effects but not from total diffusion of the knowledge. While networks are excellent vehicles for innovation, business and social ties connecting firms deepen the hazards associated with the appropriation of rents.RoutledgeIC-OnlineFerreira, Manuel PortugalSerra, Fernando RibeiroMaccari, Emerson A.2021-08-27T13:47:36Z20122012-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.8/6174engFerreira, M. P., Serra, F. R. & Maccari, E. A. (2012). When the innovator fails to capture rents from innovation. Latin American Business Review, 13, 199-207.1097-8526metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-17T15:52:33Zoai:iconline.ipleiria.pt:10400.8/6174Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T01:49:29.513131Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv When the innovator fails to capture rents from innovation
title When the innovator fails to capture rents from innovation
spellingShingle When the innovator fails to capture rents from innovation
Ferreira, Manuel Portugal
Bandwagon effects
Complementary assets
Diffusion of knowledge
Innovation
Innovation rent
Network ties
title_short When the innovator fails to capture rents from innovation
title_full When the innovator fails to capture rents from innovation
title_fullStr When the innovator fails to capture rents from innovation
title_full_unstemmed When the innovator fails to capture rents from innovation
title_sort When the innovator fails to capture rents from innovation
author Ferreira, Manuel Portugal
author_facet Ferreira, Manuel Portugal
Serra, Fernando Ribeiro
Maccari, Emerson A.
author_role author
author2 Serra, Fernando Ribeiro
Maccari, Emerson A.
author2_role author
author
dc.contributor.none.fl_str_mv IC-Online
dc.contributor.author.fl_str_mv Ferreira, Manuel Portugal
Serra, Fernando Ribeiro
Maccari, Emerson A.
dc.subject.por.fl_str_mv Bandwagon effects
Complementary assets
Diffusion of knowledge
Innovation
Innovation rent
Network ties
topic Bandwagon effects
Complementary assets
Diffusion of knowledge
Innovation
Innovation rent
Network ties
description Innovating firms face the dilemma of knowing when they will be able to appropriate the rents accruing from their innovations. Only the future value of the rents creates an incentive to innovate, and all innovations that are either imitated or improved upon by competitors preempt innovator firms from capturing the rents. In this conceptual article, we observe boundary conditions under which protection ensures appropriation. A paradox emerges in that innovators benefit from networking and bandwagon effects but not from total diffusion of the knowledge. While networks are excellent vehicles for innovation, business and social ties connecting firms deepen the hazards associated with the appropriation of rents.
publishDate 2012
dc.date.none.fl_str_mv 2012
2012-01-01T00:00:00Z
2021-08-27T13:47:36Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.8/6174
url http://hdl.handle.net/10400.8/6174
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Ferreira, M. P., Serra, F. R. & Maccari, E. A. (2012). When the innovator fails to capture rents from innovation. Latin American Business Review, 13, 199-207.
1097-8526
dc.rights.driver.fl_str_mv metadata only access
info:eu-repo/semantics/openAccess
rights_invalid_str_mv metadata only access
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Routledge
publisher.none.fl_str_mv Routledge
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799136986791936000

Registros relacionados