To determine the amount of the value created between players appropriated by the innovator, 4 factors are critical:
A)complementary resources, tacitness and complexity of technology, corporate culture, and HR management.
B)property rights, tacitness and complexity of technology, lead-time, and complementary resources.
C)tacitness and complexity of technology, lead-time, excellence of top management teams, and luck.
D)lead-time, complementary resources, relative bargaining power, and structure of the industry.

Question

Quizplus · Accepted Answer

Property rights are key in determining who has the right to appropriate value from innovation, while tacitness and complexity of technology impact the difficulty of imitating the innovation, giving the innovator a competitive advantage. Lead-time affects the innovator's ability to establish themselves as the dominant player in the market, and complementary resources are necessary for successful innovation.

To Determine the Amount of the Value Created Between Players