Arbeitspapier

Capability-based governance patterns over the product life-cycle

We investigate patterns of vertical governance over the product life-cycle as function of the capability regime properties imitability and substitutability. We use a novel neo-Schumpeterian model to study emerging governance patterns. We find that, in the era of incremental change, firms prefer vertical specialization. In the era of ferment, no governance form dominates. Imitability and substitutability, in interplay, determine the governance form preferred. High imitability frustrates appropriation and thereby integration for synergistic advantages. However, firms need not vertically specialize: under low substitutability, incompatibilities reduce the advantages of specialization. When both substitutability and imitability are low, firms can appropriate the value of their inventions and there is no combinatorial advantage of specialization, so firms predominantly integrate. If substitutability is high and imitability is low, the combinatorial advantage of specialization balances with the synergistic advantage of integration.

Sprache
Englisch

Erschienen in
Series: FZID Discussion Paper ; No. 71-2013

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Vermeulen, Ben
Pyka, A.
La Poutré, J. A.
de Kok, A. G.
Ereignis
Veröffentlichung
(wer)
Universität Hohenheim, Forschungszentrum Innovation und Dienstleistung (FZID)
(wo)
Stuttgart
(wann)
2013

Handle
URN
urn:nbn:de:bsz:100-opus-8407
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Vermeulen, Ben
  • Pyka, A.
  • La Poutré, J. A.
  • de Kok, A. G.
  • Universität Hohenheim, Forschungszentrum Innovation und Dienstleistung (FZID)

Entstanden

  • 2013

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