Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/89518
Authors: 
Winter, Sidney G.
Year of Publication: 
2006
Series/Report no.: 
LEM Working Paper Series 2006/21
Abstract: 
This 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.
Subjects: 
appropriability
innovation
complementary assets
patents
intellectual property
Document Type: 
Working Paper

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