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Innovation patterns and intellectual property in SMEs of a developing country

Alejandra Marín, Daniela Laureiro and Clemente Forero ()
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Alejandra Marín: School of Management, Universidad de Los Andes
Daniela Laureiro: School of Management, Universidad de Los Andes
Clemente Forero: School of Management, Universidad de Los Andes

No 17, Galeras. Working Papers Series from Universidad de Los Andes. Facultad de Administración. School of Management

Abstract: Based on empirical results, this article reopens the discussion about the relationship between intellectual property and innovation in developing countries. Intellectual property grants a monopoly over the commercial exploitation of innovations. Ex-ante, this monopoly may promote innovation but ex-post it may become a disincentive to diffusion and, under certain conditions, to subsequent innovations. After reviewing the terms of the debate in the classical and current literature, the article addresses two empirical issues: first, it characterizes different coexisting innovation patterns of small and medium enterprises in a developing country (Colombia); second, it relates these patterns with the innovation performance, intellectual property behaviour and other characteristics of these firms

Keywords: Corporate control; multiple blockholders; corporate governance; firm value; colombian corporations (search for similar items in EconPapers)
Pages: 27 pages
Date: 2007-08-01
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Persistent link: https://EconPapers.repec.org/RePEc:uac:somwps:017

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