Corporate strategies to protect software innovation: Empirical evidences from South Korea

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Main Authors: Jeong Woo Choi, Kyunam Kim, Yeonbae Kim
Format: Artículo Open Access
Published: Wiley 2024
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author Jeong Woo Choi
Kyunam Kim
Yeonbae Kim
author_facet Jeong Woo Choi
Kyunam Kim
Yeonbae Kim
Jeong Woo Choi
Kyunam Kim
Yeonbae Kim
collection Wiley Open Access
contents Corporate strategies to protect software innovation: Empirical evidences from South Korea Jeong Woo Choi Kyunam Kim Yeonbae Kim Managerial and Decision Economics AbstractThe purpose of this study is to determine whether there are blind spots in decision making to protect innovation by examining how formal and informal protection systems affect software innovation. We empirically compared the innovation activities of 218 software companies with 261 information and communication technology (ICT) manufacturing companies in South Korea. Our results confirm that formal protection system alone is insufficient to protect software innovation, but its effect may vary depending on the corporate size. While, combination of patent with complicated designs is effective. More sophisticated policy to complement informal protections for small and medium‐sized enterprises with less than 100 employees is needed. 10.1002/mde.4313 http://onlinelibrary.wiley.com/termsAndConditions#vor
doi_str_mv 10.1002/mde.4313
format Artículo Open Access
id wiley_oa_10_1002_mde_4313
institution Wiley Open Access
license_str_mv http://onlinelibrary.wiley.com/termsAndConditions#vor
publishDate 2024
publisher Wiley
record_format wiley_oa
spellingShingle Corporate strategies to protect software innovation: Empirical evidences from South Korea
Jeong Woo Choi
Kyunam Kim
Yeonbae Kim
Managerial and Decision Economics
Corporate strategies to protect software innovation: Empirical evidences from South Korea Jeong Woo Choi Kyunam Kim Yeonbae Kim Managerial and Decision Economics AbstractThe purpose of this study is to determine whether there are blind spots in decision making to protect innovation by examining how formal and informal protection systems affect software innovation. We empirically compared the innovation activities of 218 software companies with 261 information and communication technology (ICT) manufacturing companies in South Korea. Our results confirm that formal protection system alone is insufficient to protect software innovation, but its effect may vary depending on the corporate size. While, combination of patent with complicated designs is effective. More sophisticated policy to complement informal protections for small and medium‐sized enterprises with less than 100 employees is needed. 10.1002/mde.4313 http://onlinelibrary.wiley.com/termsAndConditions#vor
title Corporate strategies to protect software innovation: Empirical evidences from South Korea
topic Managerial and Decision Economics
url https://onlinelibrary.wiley.com/doi/10.1002/mde.4313