Managing Value Capture [electronic resource] : Empirical Analyses of Managerial Challenges in Capturing Value /
Fischer, Timo.author.
How some firms manage to capture more value than others is a question central to practitioners and researchers alike. In this context, Timo Fischer conducts three empirical studies. The first study analyzes non-linearities in the effectiveness of appropriability mechanisms and interactions between selected appropriability mechanisms, which firms should exploit to optimize capturing value. The second evaluates whether R&D and marketing managers have diverging perceptions of the effectiveness of appropriability mechanisms, which could create friction in the formation of a coherent strategy for capturing value. The third study examines whether the patent troll business model is sustainable under envisioned legal changes and thus patent trolls pose a long-term threat to value capture in value creating firms.
Description based upon print version of record.
Preface; Foreword; Table of Contents; List of Figures; List of Tables; List of Abbreviations; Zusammenfassung; Abstract; 1. Introduction1; 1.1. Motivation; 1.2. Research Objectives; 1.3. Structure of this Dissertation; 2. Theoretical Foundations of Value Capture; 2.1. Definition of Value Capture versus Value Creation; 2.1.1. Basic Definitions; 2.1.2. The Concept of Value Creation; 2.1.3. The Concept of Value Capture; 2.2. Value Capture in the Resource-Based View of the Firm; 2.2.1. The Resource-Based View of the Firm; 2.2.2. Competition on Capturing Value Created
2.3. Value Capture in the Literature on Profiting from Technological Innovation2.3.1. Profiting from Technological Innovation; 2.3.2. Appropriability Mechanisms; Patents; Openness; Complementary Assets; Lead Time Advantages; 2.3.3. Empirical Studies; 2.4. A Resource Management Focus on Value Capture; 2.4.1. Managing Firm Resources to Create Value; 2.4.2. Managing Firm Resources to Capture Value; 3. Non-Linearities and Interactions in Value Capture17; 3.1. Introduction; 3.2. Hypotheses Development; 3.2.1. Relevant Appropriability Mechanisms; Patents; Openness; Complementary assets
Lead time advantages3.2.2. Hypotheses on Interactions between Appropriability Mechanisms; Product-related Patents and Patent Portfolio; Product-related patents and Openness; Product-related Patents and Lead Time Advantages; 3.3. Data and Method; 3.3.1. Empirical Approach; 3.3.2. Empirical Setting; The enterprise communications industry; The enterprise communications industry in comparison to other industries; 3.3.3. Choice Experiments; 3.3.4. Sample; 3.3.5. Estimation Method; 3.3.6. Limitations; 3.4. Non-Linearities in the Effectiveness of Appropriability Mechanisms; 3.4.1. Method of Analysis
3.4.2. Results Relative Importance of Appropriability Mechanisms; Non-Linearities and Trade-Offs; Good vs. poor appropriability performance; 3.4.3. Discussion; 3.5. Interactions between Appropriability Mechanisms; 3.5.1. Method of Analysis; 3.5.2. Results; 3.5.3. Discussion; 3.6. Summary; 4. Diverging Perceptions of R&D and Marketing Managers of Value Capture39; 4.1. Introduction; 4.2. Hypotheses Development; 4.2.1. Departmental Control of Appropriability Mechanisms; 4.2.2. Departmental Thought Worlds; 4.2.3. Social Identity Theory and Attribution Theory
4.2.4. Diverging Perceptions of Appropriability Mechanisms4.3. Data and Method; 4.3.1. Sample; 4.3.2. Group Comparison; 4.4. Results; 4.4.1. Marketing and R&D Managers; Relative Importance of Appropriability Mechanisms; Non-Linearities; Group Comparison; 4.4.2. All Marketing and R&D Employees; 4.5. Summary and Discussion; 5. Legal Sustainability of the Patent Troll Business - New Competitors in Value Capture42; 5.1. Introduction; 5.2. Hypotheses Development; 5.2.1. The Patent Troll Business Model; 5.2.2. Legal Sustainability of the Troll Business
5.2.3. Trolls' vs. Practicing Firms' Patent Acquisitions
Dissertation Technische Universität München, 2011.
Includes bibliographical references.
How some firms manage to capture more value than others is a question central to practitioners and researchers alike. In this context, Timo Fischer conducts three empirical studies. The first study analyzes non-linearities in the effectiveness of appropriability mechanisms and interactions between selected appropriability mechanisms, which firms should exploit to optimize capturing value. The second evaluates whether R&D and marketing managers have diverging perceptions of the effectiveness of appropriability mechanisms, which could create friction in the formation of a coherent strategy for capturing value. The third study examines whether the patent troll business model is sustainable under envisioned legal changes and thus patent trolls pose a long-term threat to value capture in value creating firms.
Management.
Industrial management.
Innovation/Technology Management.