Beiträge der Neuen Institutionenökonomik zum Innovationsmanagement - Von der Ausgestaltung der Intellectual Property Rights zur Aneignung von Innovationserträgen
The New Institutional Economics made various contributions to the field of innovation management. Two specific areas of contribution are highlighted in this paper. The discussion of intellectual property protection starts with the classical concept of balancing the incentives to create new ideas against the benefits of society from disseminating these ideas. Whenever innovation processes become interactive and cumulative strong intellectual property protection may have dysfunctional effects raising the transaction costs in markets for technologies. These transaction costs play an important role in the second discussion addressed in the paper, which deals with the appropriability mechanisms of innovators. Starting with the strategies of innovating firms to obtain economic returns from their innovations the analysis ultimately proceeds to the “strange” appropriability mechanisms of small innovators in open source software development.
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Publisher Info
Paper provided by University of Zurich, Institute for Strategy and Business Economics (ISU) in its series Working Papers with number
0037.
Length: Date of creation: 2005 Date of revision: Publication status: Published in: Zeitschrift für betriebswirtschaftliche Forschung( ZfbF) Sonderheft 54/06, S. 58-85. Handle: RePEc:iso:wpaper:0037
Find related papers by JEL classification: O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights K11 - Law and Economics - - Basic Areas of Law - - - Property Law