Managing Intellectual Capital Organizational, Strategic, and Policy Dimensions

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.

David J. Teece is Professor of Business Administration and Director of the Institute of Management, Innovation, and Organization at the University of California at Berkeley. Previous positions have included Director, Center for Research in Management (CRM), University of California at Berkeley, and Visiting Fellow at St Catherine's College, Oxford. In 1998 he presented the Clarendon Lectures in Management Studies at Oxford and in 1999 was awarded the Andersen Consulting Award.