Exploring the Mystery of Management from Great Minds

In the News: February 21, 2018

The importance of innovation can never be ignored by a manager, an organization, or a country. How does one build a sustainable competitive advantage? A subsidiary question is: how to profit from innovation? These two fundamental questions have always been core in both the research and practice of strategic and innovation management.

Read full article...

Profiting from Innovation: Building Firm Level and National Competitiveness

Events and Engagements: March 4, 2013

In a presentation at Claremont McKenna College, Haas Business School Professor David Teece delivered the important message that the development of knowledge assets and capabilities are now central to competitive advantage. Dr. Teece said that, “The flow of information, the expansion of markets, and easier access to complementary assets are stripping away traditional sources of competitive advantage, leaving knowledge and competence as the difficult-to-replicate bottleneck assets which anchor enterprise level competitive advantage. Scale and scope advantages are of limited value on such environments.”

Read full article...