Style and quality: Aesthetic innovation strategy under weak appropriability
研究了在仿冒品泛滥的环境下，企业如何通过风格和质量两个维度进行美学产品创新，发现包含更高质量属性的新风格变体被仿冒的概率高出20%。
Counterfeiting challenges firms to capture the value created by product innovation. We characterize style and quality as key dimensions of product innovation strategy in contexts where aesthetic attributes drive product success. We examine distinct aesthetic innovation strategies that firms may use to innovate their existing products — developing new style variants, using higher quality attributes, or both. Our empirical test exploits unique data on authentic plastic model kits matched to product-specific counterfeits. Controlling for several confounders, we find that new style variants that include higher quality attributes are 20 % more likely to be copied relative to style variants that do not. We discuss implications for aesthetic innovation strategies in weak appropriability regimes.