IP modularity
profiting from innovation by aligning product architecture with intellectual property
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Author
Contributions
- Baldwin, Carliss Y. (Carliss Young) - Contributor
- Shih, Willy C. - Contributor
- Harvard Business School - Contributor
Publication
2012 - Harvard Business School, Boston, Massachusetts
Language
English
Word Count
6,000 words, Guess
Page Count
24 pages
Identifiers
- OCLC Control Number808737951
- Open LibraryOL43973120M
Description
Distributed value creation can boost the overall value created, but may create serious challenges for capturing value. In order to draw in external contributors, an innovator often waives legal exclusion rights or reveals formerly exclusive knowledge. But as a result, contributors may appropriate a large share of the jointly created value. In turn, integrating external contributions entails the risk of becoming dependent on outside owners of IP. To address this tension we propose the concept of "IP modularity." We argue that, by managing a system's modular structure in conjunction with its IP, firms can reconcile distributed innovation with value capture.
Subjects
Series Statement
- Working paper / Harvard Business School -- 13-012
Other Editions
- IP modularity
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