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Capturing Value from Knowledge Assets: The New Economy, Markets for Know-How, and Intangible Assets

In: Essays In Technology Management And Policy Selected Papers of David J Teece

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  • David J. Teece

Abstract

The following sections are included:Knowledge and Competitive AdvantageLiberalization of MarketsExpansion of What's TradableStrengthening of Intellectual Property RegimesThe Growing Importance of Increasing ReturnsDecoupling of Information Flows from the Flow of Goods and ServicesRamifications of New Information and Communications TechnologiesProduct Architecture and Technology "Fusion"ImplicationsCapturing Value from Knowledge and CompetenceThe Nature of KnowledgeCodified/TacitObservable/Non-observable in usePositive/Negative knowledgeAutonomous/Systematic knowledgeIntellectual property regimeReplicability, Imitability, and AppropriabilityAppropriability and Markets for Know-How and CompetenceSome Sectoral Differences in the Market for Know-HowComplementary AssetsDynamic CapabilitiesExternal sensingOrganizational actionImplications for the Theory of the FirmConclusionNotes

Suggested Citation

  • David J. Teece, 2003. "Capturing Value from Knowledge Assets: The New Economy, Markets for Know-How, and Intangible Assets," World Scientific Book Chapters, in: Essays In Technology Management And Policy Selected Papers of David J Teece, chapter 3, pages 47-73, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812796929_0003
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    Cited by:

    1. Suma Athreye & Dinar Kale & Shyama V. Ramani, 2009. "Experimentation with strategy and the evolution of dynamic capability in the Indian pharmaceutical sector," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 18(4), pages 729-759, August.

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