To determine the strength of an innovator's appropriation, four elements should be considered:
A)Property rights, tacitness and complexity of technology, corporate culture, and HR management
B)Property rights, lead-time complementary resources, and tacitness and complexity of technology,
C)Property rights, tacitness and complexity of technology, lead-time, and luck
D)Property rights, lead.time, complementary resources, and relative bargaining power

Question

Quizplus · Accepted Answer

The four elements that should be considered to determine the strength of an innovator's appropriation are property rights, lead-time complementary resources, and tacitness and complexity of technology. Property rights refer to the legal ownership of the technology or innovation, while lead-time is the advantage gained by being the first to develop and commercialize the innovation. Complementary resources, such as a skilled workforce or effective distribution channels, can also contribute to the strength of an innovator's appropriation. Finally, the tacitness and complexity of the technology refer to how easily it can be replicated or imitated by competitors, with more complex and less easily replicable technologies providing a stronger appropriation advantage.

To Determine the Strength of an Innovator's Appropriation, Four Elements