David J. Teece is Professor of Business Administration and Director at the Institute of Management, Innovation, and Organization, Haas School of Business, University of California at Berkeley. Previous positions have included Director, Center for Research in Management (CRM), University of California, Berkeley (1983-1994); and Visiting Fellow at St Catherine's College, Oxford University and Oxford Institute for Energy Studies (Spring 1989).

Teece's work provides an example of what can be achieved through high-quality analysis ... the thinking manager, as well as the student, will get much out of Teece's hardheaded approach to his subject matter, and there are significant lessons to be learned from the experience of innovating companies. All in all, this is a book to be strongly recommended.

• PART I: INTRODUCTION ; 1. The Knowledge Economy and Intellectual Capital Management ; PART II: FOUNDATIONS ; 2. Impact of Market Structure and Organizational Factors on Innovation ; 3. Governance Modes and Technological Innovation ; 4. Decision-making Processes and the Rate and Direction of Innovation (with J. Bercovitz and J. de Figueiredo) ; PART III: APPLICATIONS TO MANAGEMENT AND STRATEGY ; 5. Market Entry Strategies for Innovators: Avoiding Pyrrhic Victories ; 6. Imitation Strategies for Owners of Complementary Assets ; 7. Outsourcing and Insourcing Strategies for Innovators: Opportunities and Limits (with H. Chesbrough) ; 8. Understanding the Licensing Option (with P. Grindley and E. Sherry) ; PART IV: PUBLIC POLICY ; 9. Antitrust Analysis in High Technology Industries (with M. Coleman) ; APPENDICES: CASE STUDIES IN LICENSING AND CROSS-LICENSING ; A. The Semiconductor Industry (with P. Grindley and E. Sherry) ; B. The Glass Industry and the Pilkington Float Process (with E. Sherry and P. Grindley)

David J. Teece is Professor of Business Administration and Director at the Institute of Management, Innovation, and Organization, Haas School of Business, University of California at Berkeley. Previous positions have included Director, Center for Research in Management (CRM), University of California, Berkeley (1983-1994); and Visiting Fellow at St Catherine's College, Oxford University and Oxford Institute for Energy Studies (Spring 1989).

Teece's work provides an example of what can be achieved through high-quality analysis ... the thinking manager, as well as the student, will get much out of Teece's hardheaded approach to his subject matter, and there are significant lessons to be learned from the experience of innovating companies. All in all, this is a book to be strongly recommended.

• PART I: INTRODUCTION ; 1. The Knowledge Economy and Intellectual Capital Management ; PART II: FOUNDATIONS ; 2. Impact of Market Structure and Organizational Factors on Innovation ; 3. Governance Modes and Technological Innovation ; 4. Decision-making Processes and the Rate and Direction of Innovation (with J. Bercovitz and J. de Figueiredo) ; PART III: APPLICATIONS TO MANAGEMENT AND STRATEGY ; 5. Market Entry Strategies for Innovators: Avoiding Pyrrhic Victories ; 6. Imitation Strategies for Owners of Complementary Assets ; 7. Outsourcing and Insourcing Strategies for Innovators: Opportunities and Limits (with H. Chesbrough) ; 8. Understanding the Licensing Option (with P. Grindley and E. Sherry) ; PART IV: PUBLIC POLICY ; 9. Antitrust Analysis in High Technology Industries (with M. Coleman) ; APPENDICES: CASE STUDIES IN LICENSING AND CROSS-LICENSING ; A. The Semiconductor Industry (with P. Grindley and E. Sherry) ; B. The Glass Industry and the Pilkington Float Process (with E. Sherry and P. Grindley)

David J. Teece is Professor of Business Administration and Director at the Institute of Management, Innovation, and Organization, Haas School of Business, University of California at Berkeley. Previous positions have included Director, Center for Research in Management (CRM), University of California, Berkeley (1983-1994); and Visiting Fellow at St Catherine's College, Oxford University and Oxford Institute for Energy Studies (Spring 1989).

Teece's work provides an example of what can be achieved through high-quality analysis ... the thinking manager, as well as the student, will get much out of Teece's hardheaded approach to his subject matter, and there are significant lessons to be learned from the experience of innovating companies. All in all, this is a book to be strongly recommended.

• PART I: INTRODUCTION ; 1. The Knowledge Economy and Intellectual Capital Management ; PART II: FOUNDATIONS ; 2. Impact of Market Structure and Organizational Factors on Innovation ; 3. Governance Modes and Technological Innovation ; 4. Decision-making Processes and the Rate and Direction of Innovation (with J. Bercovitz and J. de Figueiredo) ; PART III: APPLICATIONS TO MANAGEMENT AND STRATEGY ; 5. Market Entry Strategies for Innovators: Avoiding Pyrrhic Victories ; 6. Imitation Strategies for Owners of Complementary Assets ; 7. Outsourcing and Insourcing Strategies for Innovators: Opportunities and Limits (with H. Chesbrough) ; 8. Understanding the Licensing Option (with P. Grindley and E. Sherry) ; PART IV: PUBLIC POLICY ; 9. Antitrust Analysis in High Technology Industries (with M. Coleman) ; APPENDICES: CASE STUDIES IN LICENSING AND CROSS-LICENSING ; A. The Semiconductor Industry (with P. Grindley and E. Sherry) ; B. The Glass Industry and the Pilkington Float Process (with E. Sherry and P. Grindley)