Panagopoulos, Andreas P. and Pitelis, Christos (2009) Innovation governance for value capture:the problem and a proposed simple model-based solution. International Journal of Strategic Change Management, 1 (3). pp. 171-185. ISSN 1740-2859Full text not available from this repository.
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.
|Journal or Publication Title:||International Journal of Strategic Change Management|
|Uncontrolled Keywords:||innovation governance ; firm size ; value capture ; patent portfolios ; multilevel bargaining ; patents ; closed innovation ; open innovation ; change management|
|Departments:||Lancaster University Management School > Economics|
|Deposited On:||11 Jul 2011 19:25|
|Last Modified:||15 Sep 2016 00:01|
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