This paper investigates the relationships between firm organization attributes, namely a structure á la Chandler, and their inward looking or exploitation attitude in R&D and innovation. We argue that because of sunk costs and learning processes an inward looking behavior is a consequence of...

This paper investigates the relationships between firm organization attributes, namely a structure a la Chandler, and their inward looking or "exploitation" attitude in R&D and innovation. We argue that because of sunk costs and learning processes an inward looking behavior is a consequence of...

This paper investigates the relationships between firm organization attributes, namely a structure á la Chandler, and their inward looking or exploitationʺ attitude in R&D and innovation. We argue that because of sunk costs and learning processes an inward looking behavior is a consequence of...

This paper develops a theoretical framework in which patents and control of downstream co-specialized assets affect the way firms profit from innovation according to the stage of industry evolution. We argue that in early stages of industry life cycle the effectiveness of patents in protecting...