Geographic scope, isolating mechanisms, and value appropriation

• 成果类型: Article
• 署名作者: Kim, Minyoung
• 署名单位: University of Kansas
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.2356
• 发表日期: 2016
• 页码: 695-713
• 关键词: geographic scope; isolating mechanisms; value appropriation; innovation output; financial performance

摘要

Extending extant literature on geographic scope that has primarily focused on its role in value creation, I investigate the value appropriation aspect of geographic scope of knowledge acquisition. I maintain that isolating mechanisms created via geographic scope of knowledge acquisition can help firms prevent competitors from accessing their innovative knowledge and, by doing so, can help firms capture a larger proportion of economic returns from innovation, thus helping them enjoy better financial performance. Mediating and moderating effect analyses with patent- and firm-level data of the semiconductor industry corroborate the value appropriation aspect of geographic scope. Copyright (c) 2014 John Wiley & Sons, Ltd.