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

Affiliations

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

Abstract


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.

Keywords

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

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