Appropriability theory describes a firm's desire to deny rivals access to its competitive resources.

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Appropriability theory proposes that firms seek to protect their competitive advantage by controlling access to their unique resources or capabilities, thereby denying rivals the opportunity to imitate or replicate them. This can be achieved through various means, such as patents, trade secrets, copyrights, and exclusive contracts, among others. By doing so, firms can capture a larger share of the value they create and maintain their market position against competitors.

Appropriability Theory Describes a Firm's Desire to Deny Rivals Access