Concealing or revealing? Alternative paths to profiting from innovation

Forskningsoutput: TidskriftsbidragArtikel i vetenskaplig tidskrift

Abstract

According to the resource-based view, knowledge concealing is fundamental for firms’ ability to prevent competitor imitation and profit from innovation. Open innovation scholars have recently challenged this idea, proposing instead that knowledge revealing can foster industry-wide collaboration and enhance the value of innovation. Reconciling these two perspectives requires a more detailed understanding about the tradeoffs between concealing and revealing. In this paper, we therefore develop a model that outlines the effects of knowledge revealing on the i) value of innovation, ii) the price of products stemming from the innovation, iii) the comparative cost of innovation, as well as the relevant moderators of these effects. Our analysis shows that knowledge revealing may have a positive effect on profits when there are strong indirect network effects; when firms are protected from imitation by causal ambiguity, complementary assets, and intellectual property; and when the innovating firm faces high technological uncertainty. Implications for the resource-based view and research on open innovation are outlined.

Detaljer

Författare
Enheter & grupper
Forskningsområden

Ämnesklassifikation (UKÄ) – OBLIGATORISK

  • Företagsekonomi

Nyckelord

Originalspråkengelska
Sidor (från-till)165-174
Antal sidor10
TidskriftEuropean Management Journal
Volym37
Utgivningsnummer2
StatusPublished - 2019
PublikationskategoriForskning
Peer review utfördJa