Managing Intellectual Capital: Organizational, Strategic, and Policy Dimensions (Clarendon Lectures in Management Studies)

The astute management of technology is essential for firms who wish to compete within the new economy. In this in-depth study, David Teece considers how firms can exploit technological innovation, protecting their intellectual capital, while staying ahead of the competition. Providing frameworks as well as practical advice, he looks in particular at the organization structures most likely to support innovation, and how managerial decisions and strategy affect the division of thegains. Essential reading for academics, managers, and students alike who want to keep abreast of contemporary strategic challenges. -;There is a strong awareness that the new economy has arrived, and that firms and management need to focus on a plethora of new issues at present only dimly perceived. The astute management of technology can advance not only the fortunes of the innovators, but also of society at large. In this book David Teece considers how firms can exploit technological innovation, protecting their intellectual capital, while staying ahead of the competition. He provides frameworks as well as practical advice, looking in particular at the organization structures most likely to support innovation, and how managerial decisions and strategy affect the division of the gains. In This Book David Teece Considers How Firms Can Exploit Technological Innovation, Protecting Their Intellectual Capital, While Staying Ahead Of The Competition. He Provides Frameworks As Well As Practical Advice, Looking In Particular At The Organization Structures Most Likely To Support Innovation, And How Managerial Decisions And Strategy Affect The Division Of The Gains. This Will Be Essential Reading For Academics, Managers, And Students Alike Who Want To Keep Abreast Of Contemporary Strategic Challenges.--jacket. Pt. I. Introduction. 1. The Knowledge Economy And Intellectual Capital Management -- Pt. Ii. Foundations. 2. The Impact Of Market Structure And Organizational Factors On Innovation. 3. Governance Modes And Technological Innovation. 4. Decision Making Processes And The Rate And Direction Of Innovation / Janet Barcovitz And John De Figueiredo -- Pt. Iii. Applications To Management And Strategy. 5. Market Entry Strategies For Innovators: Avoiding Pyrrhic Victories. 6. Imitation Strategies For Owners Of Complementary Assets. 7. Outsourcing And Insourcing Strategies For Innovators: Opportunities And Limits / Henry Chesbrough. 8. Understanding The Licensing Option / Peter Grindley And Edward Sherry -- Pt. Iv. Public Policy. David J. Teece. Includes Bibliographical References. Annotation There is a strong awareness that the new economy has arrived, and that firms and management need to focus on a plethora of new issues at present only dimly perceived. The astute management of technology can advance not only the fortunes of the innovators, but also of society at large. In this book, David Teece considers how firms can exploit technological innovation, protecting their intellectual capital, while staying ahead of the competition. He provides frameworks as well as practical advice, looking in particular at the organization structure most likely to supportinnovation, and how managerial decision and strategy affect the division of the gains. This will be essential reading for academics, managers, and students alike who want to keep abreast of contemporary strategic challenges There is a strong awareness that the new economy has arrived, and that firms and management need to focus on a plethora of new issues at present only dimly perceived. The astute management of technology can advance not only the fortunes of the innovators, but also of society at large. In this book, David Teece considers how firms can exploit technological innovation, protecting their intellectual capital, while staying ahead of the competition. He provides frameworks as well as practical advice, looking in particular at the organization structure most likely to support innovation, and how managerial decision and strategy affect the division of the gains. This will be essential reading for academics, managers, and students alike who want to keep abreast of contemporary strategic challenges. The astute management of technology is essential for firms who wish to compete within the new economy. In this in-depth study, David Teece considers how firms can exploit technological innovation, protecting their intellectual capital, while staying ahead of the competition. Providing frameworks as well as practical advice, he looks in particular at the organization structures most likely to support innovation, and how managerial decisions and strategy affect thedivision of the gains. Essential reading for academics, managers, and students alike who want to keep abreast of contemporary strateg This text considers how firms, while staying ahead of the competition, can exploit technological innovation and protect their intellectual capital. Providing frameworks and advice, it looks at the best organizational structure for supporting innovation Fundamental changes have been wrought in the global economy which are changing the basis of firm level competitive advantage, and with it the functions of management.