Checks and balances mechanism for techonology development and protection
by Josua Sitompul
International Journal of Business Competition and Growth (IJBCG), Vol. 1, No. 3, 2011

Abstract: Technology is one of the most valuable resources and capabilities for international oil companies that they develop and protect continuously. However, because of many factors, they have to cooperate with many actors including their direct competitors within collaborative ventures. And therefore, they have to share resources and capabilities, and sometimes their technology. Collaborative venture is a vehicle to develop technology. It means it is also possible that the competitors imitate or tap its technology without consent. Therefore, this paper argues that a firm needs to establish checks and balances mechanism for technology development and protection within collaborative ventures.

Online publication date: Wed, 22-Apr-2015

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