Geographic scope, isolating mechanisms, and value appropriation
研究了企业知识获取的地理范围如何通过隔离机制阻止竞争对手获取创新知识,从而帮助企业从创新中获取更多经济回报,提升财务绩效。
Extending extant literature on geographic scope that has primarily focused on its role in value creation, I investigate the value appropriation aspect of geographic scope of knowledge acquisition. I maintain that isolating mechanisms created via geographic scope of knowledge acquisition can help firms prevent competitors from accessing their innovative knowledge and, by doing so, can help firms capture a larger proportion of economic returns from innovation, thus helping them enjoy better financial performance. Mediating and moderating effect analyses with patent‐ and firm‐level data of the semiconductor industry corroborate the value appropriation aspect of geographic scope . Copyright © 2014 John Wiley & Sons, Ltd.