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

1998/04/01 by David J. Teece · 19 citations
Business, Management and Accounting · #Intellectual Capital and Performance Analysis #Innovation and Knowledge Management #Competitive and Knowledge Intelligence

paper · doi:10.2307/41165943

Abstract

The increasing liberalization of markets coupled with the creation of new markets for intermediate products is stripping firm-level competitive advantage back to its fundamental core: difficult to create and difficult to imitate intangible assets. This article explores these developments and elucidates implications for the management of intellectual capital inside firms.

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