Article

The Strategic Management of Technology and Intellectual Property

David J. Teece

in The Oxford Handbook of Strategy

Published in print April 2006 | ISBN: 9780199275212
Published online September 2009 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780199275212.003.0006

Series: Oxford Handbooks in Business and Management C

 The Strategic Management of Technology and Intellectual Property

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The strategic management of technology is fundamentally about the commercialization of new knowledge. This article accordingly focuses very little on the creation of new knowledge, focusing instead mainly on commercialization aspects. Commercialization is primarily about the entrepreneurial role of bringing technology to the user and winning in the marketplace. It involves the quest for competitive advantage — using knowledge, technology, and intellectual property as the differentiator. Whether one is talking about creating new technological know-how or bringing new products and process embodying such know-how to the market, it is helpful to begin by discussing the nature of the knowledge assets implicated by the management of technology. To some, it is a little novel to be talking about ‘managing’ knowledge. Yet this is now a critical business function, requiring new concepts and some accepted definitions.

Keywords: strategic management; intellectual property; technology management; commercialization; new knowledge; knowledge assets

Article.  12280 words. 

Subjects: Business and Management ; Business Strategy ; Business and Government

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