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Journal ArticleDOI

Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy

David J. Teece
- 01 Apr 1993 - 
- Vol. 15, Iss: 6, pp 285-305
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TLDR
In this article, the authors explain why innovating firms often fail to obtain significant economic returns from an innovation, while customers, imitators and other industry participants be- nefit.
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This article is published in Research Policy.The article was published on 1993-04-01. It has received 7020 citations till now. The article focuses on the topics: Complementary assets & Commercial policy.

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Citations
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Obtaining Strategic Advantage from Being Imitated: When Can Encouraging Clones Pay?

TL;DR: In this paper, the authors focus on a different set of situations: the model developed suggests that an innovator's best strategy may be to encourage "clones" of its product when a network externality is present.
Journal ArticleDOI

The sustainable diffusion of renewable energy technologies as an example of an innovation-focused policy

TL;DR: In this paper, an alternative approach is proposed, which integrates the supply and demand-side perspectives, arguing that a successful policy for the speedy deployment of renewables should focus on the systemic innovation processes that characterize the development and sustainable diffusion of renewables.
Journal ArticleDOI

Technology cross-fertilization and the business model: The case of integrating ICTs in mechanical engineering products

TL;DR: In this article, the authors investigated the increasing interdependency among different bodies of knowledge in products, from the technology opportunities arising from cross-fertilizing, and how firms try to appropriate economic value from their technical potential.
Journal ArticleDOI

Knowledge sources of entrepreneurship: Firm formation by academic, user and employee innovators☆

TL;DR: The authors synthesize across literature streams examining each phenomena to document distinctions between firms originating from different knowledge contexts and integrate the knowledge context into Teece's (1986) theoretical framework identifying factors that impact a firm's ability to profit from innovation.
Journal ArticleDOI

Losing Sight of the Forest for the Trees? Productive Capabilities and Gains From Trade as Drivers of Vertical Scope

TL;DR: The authors found that the distribution of productive capabilities along the value chain, catalyzed by transaction costs, ultimately drives vertical scope, and that firms' attempts to leverage a comparative advantage can also lead to the use of mixed governance modes.
References
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Book

The Structure of Scientific Revolutions

TL;DR: The Structure of Scientific Revolutions as discussed by the authors is a seminal work in the history of science and philosophy of science, and it has been widely cited as a major source of inspiration for the present generation of scientists.
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Technological paradigms and technological trajectories: A suggested interpretation of the determinants and directions of technical change

TL;DR: In this article, the authors propose a model to account for both continuous changes and discontinuities in technological innovation, and define the process of selection of new technological paradigms among a greater set of notionally possible ones.
Journal Article

Patterns of Industrial Innovation

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