How to Appropriate Value from General-Purpose Technology by Applying Open Innovation

By • on September 9, 2021

The California Management Review noted that artificial intelligence increasingly attracts attention and investments. However, appropriating value from this general-purpose technology (GPT) can be difficult. To understand these challenges, this article analyzes why IBM failed to generate significant profits from IBM Watson Health despite its promising starting points. This study suggests that using a strong appropriability regime in open innovation can enhance the appropriation of value from a GPT.

Click here to read the abstract of the article.

Image via Flickr.

 

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