The moderating effect of innovation protection mechanisms on the competitiveness of service firms

Insu Cho (), Heejun Park () and Joseph Kim ()

Service Business, 2012, vol. 6, issue 3, 369-386

Abstract: This empirical study examines the effectiveness of innovation protection mechanisms (IPMs) in capturing returns from innovation in service firms. To identify their effects, we set five types of IPMs (patents, other intellectual property rights, speed to market, secrecy, and complementary resources) as a moderator of the relationships between the innovation and firm competitiveness. Through a sample of service firms from the Korean Innovation Survey, the results of this study indicated that firm competitiveness cannot be influenced by service innovation alone but rather it is influenced by service innovation used in conjunction with IPMs other than patents. The results contribute to understanding innovation protection strategies for better competitiveness of service firms. Copyright Springer-Verlag 2012

Keywords: Innovation protection mechanism; Service and process innovation; Firm competitiveness; Korean Innovation Survey (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (4)

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DOI: 10.1007/s11628-012-0140-3

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