Total views : 161

A Study of Companies’ Strategy for Securing Appropriability: Focused on South Korean Electronic Component Manufacturing


  • Videojet Techonologies Inc, Korea
  • Department of Management Information Systems, Chungbuk National University, Korea


Objectives: This study is intended to deal with appropriability in electronic components of Korea, aimed to study measures for strategies to secure revenue in terms of R&D. Methods/Statistical Analysis: The study is based on the Delphi methodology in a rank format. Thus, this study was performed divided into three stages as shown in Schmidt et al. The first was a brainstorming step. The second was reducing a step of reducing the entry of the list. The third was a step of ranking factors. Based on this, priorities of appropriability were determined. Findings: These studies conducted a Delphi survey of the factors presented in the preceding research with experts and primarily draw five factors of the method for securing profitability from R&D. This study analyzed the importance of five appropriability factors with electronic component manufacturers through a ranking-type Delphi method. As a result, the order of importance was as follows: Patent, complementary sales/service, secret, lead-time advantage and complementary manufacturing. Application/ Improvements: The field experts’ opinions were reflected, and with the results of this survey, proper interpretations can be drawn and used by making use of their experiences in the field.


Appropriability, Complementary, Lead Time Advantage, Patent, Trade Secret.

Full Text:

 |  (PDF views: 145)


  • Park ST, Lee SJ, Kim YK. Establishing the importance weight of patent valuation criteria for product categories through AHP analysis. Entrue Journal of Information Technology. 2011 Jan; 10(1):115–27.
  • Schumpeter JA. Capitalism, socialism and democracy.George Allen and Unwin: London; 1976.
  • Lee SJ, Park ST, Kim YK. Appropriability mechanism strategy for domestic IT manufacturing companies. Journal of Digital Convergence. 2013 Nov; 11(11):233–42.
  • Yoo BK. R&D investment and economic result. Science and Technology Policy. 2004; 146:1–20.
  • Park ST, Lee SJ, Jung SH, Kim YK. A study on the secure plan of profit in R&D: Centering on centering on cellular phone parts industry. Humanities and Social Science Studies. 2010 Aug; 28:139–62.
  • Park ST, Kim YK. Difference across indutries of innovation appropriability mechanism’s effectiveness and classification.Journal of Digital Convergence. 2014 Jun; 12(6):135–44.
  • Wyatt S, Bertin G, Pavitt K. Patents and multinational corporations : results from questionnaires. Wolrd Patent Information. 1985 Dec; 7(3):196–212.
  • Levin RC, Klevorick AK, Nelson RR, Winter SG.Appropriating the returns from industrial research and development. Brookings Papers on Economic Activity.1987; 18(3):783–820.
  • Harabi N. Appropriability of technical innovations an empirical analysis. Research Policy. 1995 Nov; 24(6):981– 92.
  • Cohen WM, Nelson RR, Walsh JP. Protecting Their intellectual assets: appropriability conditions and why U.S.manufacturing firms patent(or Not). Working Paper.No.7552. National Bureau of Economic Research; 2000.
  • Park ST, Lee SJ, Kim YK. Appropriability of innovation results: case of the korean industry. Indian Journal of Science and Technology. 2015 Sep; 8(21):1–6.
  • Schmidt RC, Lyytinen K, Keil M, Cule P. Identifying software project risk: an international delphi study. Journal of Management Information Systems. 2001; 17(4):5–36.
  • Gans JS, Stern S. The product market and the market for ideas : Commercialization strategies for technology entrepreneurs.Research Policy. 2003 Feb; 32(2):333–50.


  • There are currently no refbacks.

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.