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Beiträge der Neuen Institutionenökonomik zum Innovationsmanagement - Von der Ausgestaltung der Intellectual Property Rights zur Aneignung von Innovationserträgen

Author

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  • Egon Franck

    (Institute for Strategy and Business Economics, University of Zurich)

Abstract

The New Institutional Economics made various contributions to the field of innovation management. Two specific areas of contribution are highlighted in this paper. The discussion of intellectual property protection starts with the classical concept of balancing the incentives to create new ideas against the benefits of society from disseminating these ideas. Whenever innovation processes become interactive and cumulative strong intellectual property protection may have dysfunctional effects raising the transaction costs in markets for technologies. These transaction costs play an important role in the second discussion addressed in the paper, which deals with the appropriability mechanisms of innovators. Starting with the strategies of innovating firms to obtain economic returns from their innovations the analysis ultimately proceeds to the “strange” appropriability mechanisms of small innovators in open source software development.

Suggested Citation

  • Egon Franck, 2005. "Beiträge der Neuen Institutionenökonomik zum Innovationsmanagement - Von der Ausgestaltung der Intellectual Property Rights zur Aneignung von Innovationserträgen," Working Papers 0037, University of Zurich, Institute for Strategy and Business Economics (ISU).
    • Handle: RePEc:iso:wpaper:0037
    as

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    More about this item

    Keywords

    Intellectual Property Rights; Tragedy of the Anticommons; Appropriability Mechanisms; Open Source;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law

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