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.
This will be essential reading for academics, maangers, and students alike who want to keep abreast of contemporary strategic challenges.
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David J. Teece is Professor of Business Administration and Director at the Institute of Management, Innovation, and Organization, University of California at Berkeley. Previous positions have included Director, Center for Research in Management (CRM), University of California, Berkeley (19831994); and Visiting Fellow at St Catherine's College, Oxford University and Oxford Institute for Energy Studies (Spring 1989). In 1998 he presented the Clarendon Lectures in Management Studies, University of Oxford and in 1999 has been awarded the Andersen Consulting Award.
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