Managing Intellectual Capital

'This book is very useful both for practitioners, students and certainly all people interested in understanding how the world is changing. David Teece is master in synthesising his academic work and his experience both as a consultant and as a major actor in antitrust policy debates. Definitely a book which will be worth consulting regularly' -Technovation 'David Teece is one of the most influential and seminal thinkers in the field of strategic management' -Academy of Management ReviewThe 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 organisation 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.