Seo, HanGyeol; Chung, Yanghon; Chun, Dongphil; Woo, Chungwon - In: Management Decision 53 (2015) 2, pp. 318-337
Purpose – The purpose of this paper is to examine which value capture strategies are efficient in the invention stage … industry. Findings – The results suggest that informal strategy (secrecy, lead-time) is efficient in the invention stage … investment in complementary assets may reduce R & D productivity at the invention stage, it may increase the productivity at the …