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Background/Objectives: The purpose of this study aimed to understand the appropriability mechanism using companies in South Korea.
Methods/Statistical analysis: This study used the Delphi method among various analysis techniques. Among the Delphi methods, this study analyzed data by using the ranking-type Delphi method. In addition, we will analyze the research trend of Appropriability Mechanism through LDA analysis.
Findings: The analysis results of the derived eight factors are as follows. The lead-time advantage, the patent, and the secrecy were ranked in first, second, and third places, respectively. The importance appeared in the order of the complexity of design, design registered, learning curve effects, complementary sales/service, and complementary manufacturing. In addition, LDA results of priority analysis showed that innovation was the most important factor and most researchers consider patents the most important.
Improvements/Applications: The results of this study can be used as a guideline at the working-level when establishing policies and strategies for appropriability mechanisms in companies. It is expected that the results of this study would be helpful to hands-on staff in the field.
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