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How to Capture Value from Innovation : Shaping Intellectual Property and Industry Architecture

By:

Pisano Gary P

Material type: Article

ArticleLanguage: ENG Series: ; 50Publication details: Fall 2007 0Edition: 1Description: 278-296 PpSubject(s):

Intellectual Property Rights, Innovation

DDC classification:

Online resources:

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Summary: The article discusses strategies for capturing value from business innovations by shaping the intellectual property environment and industry architecture. The delivery of innovations to the market requires the inputs of many components and complements to the technology throughout the production supply chain, leading to pressure on the innovator to share the benefits of the innovation with suppliers and competition from imitators. This demonstrates the importance of owning patents and trade secrets or owning complementary technologies and bottleneck assets in the supply chain. The computer industry historically had a vertical architecture, in which a company such as IBM produced all of the components of computer systems, but the industry has broken into horizontal manufacturers.

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Item type	Current library	Call number	Status	Date due	Barcode
Articles	Main Library	Pis (Browse shelf(Opens below))	Available		AR10542

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The article discusses strategies for capturing value from business innovations by shaping the intellectual property environment and industry architecture. The delivery of innovations to the market requires the inputs of many components and complements to the technology throughout the production supply chain, leading to pressure on the innovator to share the benefits of the innovation with suppliers and competition from imitators. This demonstrates the importance of owning patents and trade secrets or owning complementary technologies and bottleneck assets in the supply chain. The computer industry historically had a vertical architecture, in which a company such as IBM produced all of the components of computer systems, but the industry has broken into horizontal manufacturers.

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