Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Innovation governance for value capture
T2 - the problem and a proposed simple model-based solution
AU - Panagopoulos, Andreas P.
AU - Pitelis, Christos
PY - 2009
Y1 - 2009
N2 - We aim to model the 'optimal' choice on internal vs. external innovation for value capture of different-sized firms, in the context of multilevel bargaining. We find that size differentials are a major determinant for the choice in hand. We derive implications for 'closed' vs. 'open' innovation approaches, and we discuss managerial practice, limitations and possible extensions.
AB - We aim to model the 'optimal' choice on internal vs. external innovation for value capture of different-sized firms, in the context of multilevel bargaining. We find that size differentials are a major determinant for the choice in hand. We derive implications for 'closed' vs. 'open' innovation approaches, and we discuss managerial practice, limitations and possible extensions.
KW - innovation governance
KW - firm size
KW - value capture
KW - patent portfolios
KW - multilevel bargaining
KW - patents
KW - closed innovation
KW - open innovation
KW - change management
U2 - 10.1504/IJSCM.2009.024508
DO - 10.1504/IJSCM.2009.024508
M3 - Journal article
VL - 1
SP - 171
EP - 185
JO - International Journal of Strategic Change Management
JF - International Journal of Strategic Change Management
SN - 1740-2859
IS - 3
ER -