Establishes a framework within which to analyze the profit distribution of innovations and determines the reasons why imitators may outperform innovators. First, the three fundamental building blocks necessary to explain the distribution of innovations are discussed: the appropriability regime,...

Dosi () has provided an eclectic framework which has for some time now been one of the core concepts in innovation studies. While it has been very influential in public policy, in management it remains underexploited. Many insights remain to be teased out of the framework which can help managers...

In order to begin developing a base of paying licensees in the context of widespread infringement, IP owners must sometimes significantly discount licensing terms in their early negotiations – with a view that successful licenses, even at a relatively low price, will deliver value by...