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Managing Intellectual Capital
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Managing Intellectual Capital: Organizational, Strategic, and Policy Dimensions

David J. Teece

Abstract

The profitability and growth of business firms is increasingly dependent upon the development and astute deployment of intangible (knowledge) assets. Wealth creation in an open world economy depends critically on technological innovation. This in turn involves developing, owning, and astutely orchestrating knowledge assets and intellectual property. This is what is meant by dynamic capabilities. The value‐enhancing skills required in management are gravitating away from the administrative towards the entrepreneurial. The determinants of a firm's innovative capacity are rooted in organizational ... More

Keywords: competitive advantage, complementary assets, dynamic capabilities, glass industry, intellectual property, licensing, royalties, semiconductor industry, standards, technological innovation

Bibliographic Information

Print publication date: 2002 Print ISBN-13: 9780198295426
Published to Oxford Scholarship Online: November 2003 DOI:10.1093/0198295421.001.0001

Authors

Affiliations are at time of print publication.

David J. Teece, author
Haas School of Business, University of California at Berkeley
Author Webpage