Appropriability in Services
2005-03-31
Research Paper
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Services constitute a major part of the economy, and, contrary to popular believe, service firms do innovate. In this paper I take a closer look at one aspect of innovation in services: appropriability. I discuss the different elements that are possibly of importance for appropriability, and discuss one element in more detail. Reputation has been argued to be decisive when service firms try to appropriate the benefits of their innovative activity. In this paper, some suggestions are brought forward that will be useful in thinking systematically about reputationshaping mechanisms.
Keywords
Classifications using
Journal of Economic Literature (JEL) Classification System
- O32 : Management of Technological Innovation and R&D
- O31 : Innovation and Invention: Processes and Incentives
- M13 : New Firms; Startups
- M : Business Administration and Business Economics; Marketing; Accounting
Automatically Extracted Terms
- service
- innovation
- product
- management
- appropriability
- reputation
- service firms
- industry
- credence goods
- selection
- appropriability regime
- market
- journal
- customer
- process
- research
- service industries
- development
- credence
- manufacturing