Sustaining value creation in technology-based firms: the role of five protection options in securing rents from new product development
by Joanna Piotrowska
International Journal of Technology Intelligence and Planning (IJTIP), Vol. 4, No. 1, 2008

Abstract: We examine the use of five strategies of securing rents from incremental product innovations: patents, secrecy, lead time, providing competitive service, and financial strength. We find that: regardless of appropriability regime, either formal intellectual property protection or use of non-financial assets for commercialisation of innovations were more important in securing rents from innovations than was the use of financial assets; combination of strategies may be the key to effective protection of innovation rents; out of patents, secrecy, lead time, services, and financial strength, the latter is the least viable strategy of sustaining new products' value except for market leaders.

Online publication date: Tue, 04-Mar-2008

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Intelligence and Planning (IJTIP):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email