The Logic of Appropriability: From Schumpeter to Arrow to Teece
AbstractThis note expounds the abstract fundamentals of the appropriability problem, re-assessing insights from three classic contributions – those of Schumpeter, Arrow and Teece. Whereas the first two contributions were explicitly concerned with the implications of appropriability for society at large, Teece’s main concern was with practical questions of business strategy and economic organization. This note argues that, his practical concerns notwithstanding, Teece contributed, en passant but fundamentally, to the clarification of basic questions that previous authors had addressed less comprehensively and less satisfactorily. Specifically, his analysis of the innovator’s access to complementary assets, undertaken from a contracting perspective, can be seen as filling a significant gap in the previous theoretical discussion of appropriability.
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Bibliographic InfoPaper provided by Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy in its series LEM Papers Series with number 2006/21.
Date of creation: 11 Sep 2006
Date of revision:
Appropriability; Innovation; Complementary assets; Patents; Intellectual property.;
Other versions of this item:
- Winter, Sidney G., 2006. "The logic of appropriability: From Schumpeter to Arrow to Teece," Research Policy, Elsevier, vol. 35(8), pages 1100-1106, October.
- NEP-ALL-2006-09-16 (All new papers)
- NEP-CSE-2006-09-16 (Economics of Strategic Management)
- NEP-HPE-2006-09-16 (History & Philosophy of Economics)
- NEP-INO-2006-09-16 (Innovation)
- NEP-KNM-2006-09-16 (Knowledge Management & Knowledge Economy)
- NEP-TID-2006-09-16 (Technology & Industrial Dynamics)
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