Quote:
Originally Posted by tcmtech And what does Appropriability mean any way?
(I had to cut and paste just to make sure I spelled it correctly.)
Now I can acept 'Appropriability' not being in the spell check!  |
heheh, no doubt. It's a stupid phrase made up by business academics to make themselves look smart. Basically it is just the "ability" to "appropriate" profits from an innovation.
The "regime" is the ... circumstances or environment that makes it possible for a company to reap full benefits from its innovations. Patent protection can establish a strong regime meaning others can't sweep in and duplicate the product or make something really similar and steal away business.
Aside from the academic/business speak, some of the concepts were pretty interesting. Really explained for me a lot about the churn in the computer industry over the last 20 years.
Michael