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Teece (1986) - Profiting From Technological Innovation (view source)
Revision as of 19:15, 29 September 2020
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{{Article
|Has page=Teece (1986) - Profiting From Technological Innovation
|Has bibtex key=
|Has article title=Profiting From Technological Innovation
|Has author=Teece
|Has year=1986
|In journal=
|In volume=
|In number=
|Has pages=
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*This page is referenced in [[BPP Field Exam Papers]]
*Teece, D.J. (1986), "Profiting from technological innovation: Implications for integration, collaboration, licensing, and public policy," Research Policy. [http://www.edegan.com/pdfs/Teece%20(1986)%20-%20Profiting%20from%20technological%20innovation.pdf pdf]
@article{teece1986profiting,
title={Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy},
author={Teece, D.J.},
journal={Research policy},
volume={15},
number={6},
pages={285--305},
year={1986},
publisher={Elsevier}
}
==Abstract==
'''Cospecialized assets ''' need '''relational specific investments''' from one or both side (c.f. Williams). In the context of '''incomplete contracts''' (Teece doesn't mention this explicitly), there will be the possibility of '''hold up''', making contracting (without fiat) '''costly and difficult'''.
==Implications for Profitability==
