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Managing Intellectual Capital : Organizational, Strategic, and Policy Dimensions by David J. Teece (2002, Uk-Trade Paper)

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Managing Intellectual Capital : Organizational, Strategic, and Policy Dimensions, Paperback by Teece, David J., ISBN 0198295421, ISBN-13 9780198295426, Brand New, Free shipping in the US Managers are keenly aware that in today's economy 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 and protect their intellectual capital while staying ahead of the competition. He provides theoretical frameworks as well as practical advice, looking in particular at the organizational structures most likely to support innovation, and how managerial decisions and strategy affect the division of the gains.

About this product

Product Identifiers

PublisherOxford University Press, Incorporated

ISBN-100198295421

ISBN-139780198295426

eBay Product ID (ePID)2238607

Product Key Features

Book TitleManaging Intellectual Capital : Organizational, Strategic, and Policy Dimensions

Number of Pages310 Pages

LanguageEnglish

TopicKnowledge Capital, General, Management Science

Publication Year2002

IllustratorYes

GenreTechnology & Engineering, Business & Economics

AuthorDavid J. Teece

Book SeriesClarendon Lectures in Management Studies

FormatUk-Trade Paper

Dimensions

Item Height0.7 in

Item Weight15.5 Oz

Item Length9.2 in

Item Width6.1 in

Additional Product Features

Intended AudienceTrade

Reviews'Teece expands considerably on his seminal thinking in the field ofintellectual capital management, adding both breadth and depth to the study. Hisillustrative writing guides the reader, whether novice or expert, on afascinating journey through the innovation process, blending Teece's customaryscholarship on the subject with practical insights drawn from his experiencesacross industries. The study of intellectual capital management, whether fromthe vantage of value creation or value extraction, would be incomplete withoutmastery of Teece's latest contributions to this evolving field.'James P. O'Shaughnessy, Vice President, Rockwell, 'Too often economists assume that organizational structures and processeshave only a minimal role to play in shaping competition. In this intriguing newbook David Teece reminds us that we cannot think about managing intellectualcapital without carefully integrating insights from conventional economicanalysis with a rigorous understanding of organizational capability. This is animportant message with wide ranging implications for both academics andpracticing managers.'Rebecca Henderson, Eastman Kodak LFM Professor of Management, MIT SloanSchool, 'In Managing Intellectual Capital [David Teece] develops his central theme that knowledge assets underpin a company's competitive advantage, and that developing strategies and organisational forms to exploit those advantages is the key to effective "entrepreneurial governance". . . . This is amust read for anyone interested in both the conceptual foundation and the practical design of techniques for effective management of intellectual property.'Professor Mark Schankerman, Reader in Economics at the London School of Economics, and Research Fellow at the CEPR, A rigorous analysis ... With his characteristically scholarly approach, Teece offers guidance on how companies can unlock their stores of 'intangible assets' by unleashing the capabilities and unique skills embodied in the practitioners and managers of companies., This book is the first comprehensive treatment of the business economics of the knowledge economy. As such, it is of great interest to all scholars and business practitioners concerned with the firm-level (micro) and economy wide level (macro) foundations of the knowledge driven economy., 'In today's competitive environment, the management of intellectual capital is at the core of every firm's success or failure. Teece's book is the best one I know of in treating this topic seriously and providing a useful framework for capturing the value from intellectual assets.'Professor Charles O'Reilly, Frank Buck Professor of Human Resource Management and Organizational Behavior, Stanford University, 'In today's competitive environment, the management of intellectualcapital is at the core of every firm's success or failure. Teece's book is thebest one I know of in treating this topic seriously and providing a usefulframework for capturing the value from intellectual assets.'Professor Charles O'Reilly, Frank Buck Professor of Human Resource Managementand Organizational Behavior, Stanford University, Teece moves easily between theoretical study of his subject and practical applications for his thinking regarding organisational structures and business strategy., Teece's work provides an example of what can be achieved through high-quality analysis ... the thinking manager, as well as the student, will get much out of Teece's hardheaded approach to his subject matter, and there are significant lessons to be learned from the experience of innovating companies. All in all, this is a book to be strongly recommended., 'In today's competitive environment, the management of intellectual capital is at the core of every firm's success or failure. Teece's book is the best one I know of in treating this topic seriously and providing a useful framework for capturing the value from intellectual assets.'Professor Charles O'Reilly, Frank Buck Professor of Human Resource Management and Organizational Behavior, Stanford University'Only a few people seem to get it, and David Teece is surely one of them. The old economy provided businesses little opportunity to earn super normal returns. Teece's Managing Intellectual Capital helps unlock the potential all companies have to earn genuine rents from their intangible assets, particularly from their people whose unique skills and gifts remain seriously underutilized.'Craig B. Wynett, General Manager, Future Growth Initiatives, The Procter & Gamble Company'Teece expands considerably on his seminal thinking in the field of intellectual capital management, adding both breadth and depth to the study. His illustrative writing guides the reader, whether novice or expert, on a fascinating journey through the innovation process, blending Teece's customary scholarship on the subject with practical insights drawn from his experiences across industries. The study of intellectual capital management, whether from thevantage of value creation or value extraction, would be incomplete without mastery of Teece's latest contributions to this evolving field.'James P. O'Shaughnessy, Vice President, Rockwell'In Managing Intellectual Capital [David Teece] develops his central theme that knowledge assets underpin a company's competitive advantage, and that developing strategies and organisational forms to exploit those advantages is the key to effective "entrepreneurial governance". . . . This is a must read for anyone interested in both the conceptual foundation and the practical design of techniques for effective management of intellectual property.'Professor Mark Schankerman, Reader in Economics at the London School of Economics, and Research Fellow at the CEPR'Too often economists assume that organizational structures and processes have only a minimal role to play in shaping competition. In this intriguing new book David Teece reminds us that we cannot think about managing intellectual capital without carefully integrating insights from conventional economic analysis with a rigorous understanding of organizational capability. This is an important message with wide ranging implications for both academics andpracticing managers.'Rebecca Henderson, Eastman Kodak LFM Professor of Management, MIT Sloan School, 'In Managing Intellectual Capital [David Teece] develops his central themethat knowledge assets underpin a company's competitive advantage, and thatdeveloping strategies and organisational forms to exploit those advantages isthe key to effective "entrepreneurial governance". . . . This is a must read foranyone interested in both the conceptual foundation and the practical design oftechniques for effective management of intellectual property.'Professor Mark Schankerman, Reader in Economics at the London School ofEconomics, and Research Fellow at the CEPR, 'Too often economists assume that organizational structures and processes have only a minimal role to play in shaping competition. In this intriguing new book David Teece reminds us that we cannot think about managing intellectual capital without carefully integrating insights fromconventional economic analysis with a rigorous understanding of organizational capability. This is an important message with wide ranging implications for both academics and practicing managers.'Rebecca Henderson, Eastman Kodak LFM Professor of Management, MIT Sloan School, 'Teece expands considerably on his seminal thinking in the field of intellectual capital management, adding both breadth and depth to the study. His illustrative writing guides the reader, whether novice or expert, on a fascinating journey through the innovation process, blending Teece'scustomary scholarship on the subject with practical insights drawn from his experiences across industries. The study of intellectual capital management, whether from the vantage of value creation or value extraction, would be incomplete without mastery of Teece's latest contributions to thisevolving field.'James P. O'Shaughnessy, Vice President, Rockwell, 'Only a few people seem to get it, and David Teece is surely one of them. The old economy provided businesses little opportunity to earn super normal returns. Teece's Managing Intellectual Capital helps unlock the potential all companies have to earn genuine rents from their intangible assets,particularly from their people whose unique skills and gifts remain seriously underutilized.'Craig B. Wynett, General Manager, Future Growth Initiatives, The Procter and Gamble Company, 'Only a few people seem to get it, and David Teece is surely one of them.The old economy provided businesses little opportunity to earn super normalreturns. Teece's Managing Intellectual Capital helps unlock the potential allcompanies have to earn genuine rents from their intangible assets, particularlyfrom their people whose unique skills and gifts remain seriously underutilized.'Craig B. Wynett, General Manager, Future Growth Initiatives, The Procter andGamble Company

Dewey Edition21

Dewey Decimal658.4/038

Table Of ContentPart I: Introduction1. The Knowledge Economy and Intellectual Capital ManagementPart II: Foundations2. Impact of Market Structure and Organizational Factors on Innovation3. Governance Modes and Technological Innovation4. Decision-making Processes and the Rate and Direction of Innovation (with J. Bercovitz and J. de Figueiredo)Part III: Applications to Management and Strategy5. Market Entry Strategies for Innovators: Avoiding Pyrrhic Victories6. Imitation Strategies for Owners of Complementary Assets7. Outsourcing and Insourcing Strategies for Innovators: Opportunities and Limits (with H. Chesbrough)8. Understanding the Licensing Option (with P. Grindley and E. Sherry)Part IV: Public Policy9. Antitrust Analysis in High Technology Industries (with M. Coleman)Appendices: Case Studies in Licensing and Cross-LicensingA. The Semiconductor Industry (with P. Grindley and E. Sherry)B. The Glass Industry and the Pilkington Float Process (with E. Sherry and P. Grindley)

SynopsisThe 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 the gains. Essential reading for academics, managers, and students alike who want to keep abreast of contemporary strategic challenges., Managers are keenly aware that in today's economy 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 and protect their intellectual capital while staying ahead of the competition. He provides theoretical frameworks as well as practical advice, looking in particular at the organizational structures most likely to support innovation, and how managerial decisions and strategy affect the division of the gains., 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.

LC Classification NumberHD30.2.T44 2002