Innovation governance for value capture:the problem and a proposed simple model-based solution

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 1740-2859

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Abstract

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.

Item Type:
Journal Article
Journal or Publication Title:
International Journal of Strategic Change Management
Subjects:
ID Code:
45048
Deposited By:
Deposited On:
11 Jul 2011 18:25
Refereed?:
Yes
Published?:
Published
Last Modified:
11 Jun 2020 01:44