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Capturing Value from Knowledge Assets: The New Economy, Markets for Know-How, and Intangible Assets
Teece, David J.
40/3  (Spring 1998): 55-79

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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