Teece (1986) "Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy
22 important questions on Teece (1986) "Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy
What does this paper attempt to explain?
Where does a regime of appropriability refer to?
When are trade secrets a viable alternative to patents?
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
For my 1st exam I got a C. Then, I started looking for ways to learn better and I came across Study Smart. Since then I have scored a A+, A, A- and another A. I highly recommend it to everyone who wants to hear it. I am so happy with it!!
I was struggling to finish all my first-year subjects for 3 years. Then I discovered Study Smart, which helped me to finish all of them within 3 months.
Because of StudySmart, things are going well in many ways. Before, I always had study stress and no time for anything. Now I feel calm and confident (because of the program). I used to score a B, now I usually score an A or A+.
Hey Chris, I really want to thank you very much for developing the platform, I usually got around C for my exams, now I scored an A+, an A and a A- !!
Since using Study Smart, my average has increased significantly. I even completed a statistics course with a A+ while I'm bad at statistics. I took on extra courses this year, because of Study Smart. Thanks so much!
Ever since I started studying with StudySmart I passed all my exams !!! No more re-sits!! At first, I was happy with a pass and now I only get good grades. Many thanks!
I aced all the courses I studied with Study Smart. For law, I first scored a D, and now an A! I’m 100% sure that I’ll pass all the courses I study with Study Smart.
I always thought I studied well. My grades were fine. I could never have imagined that applying these study skills would have such a huge and direct impact on my grades, my speed and the pleasure I have in learning.
For the first time, I finally feel totally confident about the way I learn. I have the perfect overview and make great progress in terms of speed and the grades I get. Thanks, Chris!
I immediately started to enjoy learning again, and my grades soared. All of a sudden, everything went better. I highly recommend Study Smart to all students..
Being able to create my materials online made the process of studying so much smoother and quicker. I no longer have to spend a huge amount of my time on creating my summaries.
At first, my notes were a mess. Now I use Study Smart to take my notes in a perfectly structured way. It helps me to save a lot of time and do other things I enjoy.
Students that study with Study Smart get better grades. The system applies all the learning methods in such a way that both well-performing students and students who struggle perform much better.
Hi Chris, I would like to thank you very much. Last year I scored C on a course, and this year I got an A+ thanks to your method! Thank you very much!
The largest effect is that my child is more enthusiastic about school! Every parent wants their children to be happy at school, Study Smart made it happen.
In high school, I failed several exams, and that has really changed now. I actually needed this tool very much back then. Since I started studying with StudySmart, I haven't had any D's. My average score is now an A and those are results I would have never had in the past
With my old method, I passed only 3 out of 8 courses. Since I started taking my notes digitally in Study Smart, I have passed all my courses on the first try. For me, StudySmart takes away the stress of wondering if I will pass or not.
Thanks to StudySmart, I passed all my exams, and with better grades than before! On top of that, I have mastered a very good study method now, which I am confident will help me earn my degree.
What affects the ease of imitation?
Where can a dichotomy be drawn regarding property rights enviornment?
What about weak appropriability regime?
What is the preparadigmatic stage?
What is the paradigmatic stage?
What does the emergence of a dominant paradigm signal?
What happens once a dominant design emerges?
- Scale and learning become much more important
- Specialized capital gets deployed as incumbent's seek to lower unit costs through exploiting economies of scale and learning.
- Reduced uncertainty over product design provides an opportunity to amortize specialized long-lived investments.
Which three kinds of complementary assets are there?
- Generic assets
- Specialized assets
- Co-specialized assets
What are generic assets?
What are cospecialized assets?
Which three concepts can be related in a way which will shed light on the imitation process, and the distribution of profits between innovator and follower?
- Tight appropriability regimes
- Weak appropriablility regimes
- Preparadigmatic phase
- Paradigmatic phase
What should an innovator do in the preparadigmatic phase?
What becomes crucial in the paradigmatic phase?
What are the advantages of contractual modes?
- The innovator will not have to make upfront capital expenditures needed to build or buy the asset in question. This reduces the risks as well as cash requirements.
- Contracting rather than integrating is likely to be the optimal strategy in a tight appropriability regime and where complementary assets are available in competitive supply.
- In a partnership knowledge transfer is quick
- Arm’s length contracting embodies more than a simple buy-sell agreement is becoming so common, and is so multifaceted, that the term strategic partnering has been devised to describe it.
What are the disadvantages of contractual modes?
- It may be difficult to induce partner to make costly irreversible commitments which depend on the success on the innovation and treat of opportunistic abuse.
- The innovator must persuade its prospective partner that the risk is a good one. The situation is one open to opportunistic abuse on both sides. The innovator has incentives to overstate the value of the innovation, while the supplier has incentives to “run with the technology” should the innovation be a success.
What is the criticism about contractual modes?
- There is the risk that the partner won't perform according to the innovator's perception of what the contract requires;
- There is the added danger that the partner may imitate the innovator's technology and attempt to compete with the innovator.
What are the advantages of integration modes?
- Possible spillovers, higher synergies
- Advantage of possibly having already some complementary assets in-house (able to buy/build)
- Even after the innovation is announced, the innovator might still be able to build or buy complementary capacities at competitive prices if the innovation has iron clad legal protection.
What are the disadvantages of integration modes?
- Time and cash constraints (fig.9)
- Distribution and specialized manufacturing competences often become bottlenecks.
What is the criticism about integration modes?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
