teece model of innovation
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Title: teece model of innovation

Essay Details:

Subject: Miscellaneous
Author:
Date: August 28, 2014
Level: University
Grade: A
Length: 2 / 483

Essay text:

For example, actions which lead to a negative performance metric would not be considered innovative, even if they met the requirements of novelty and enabling actions. THE TEECE MODEL OF INNOVATION: David Teece clarified that two factors - imitability and complementary assets - will have a strong influence in determining who will ultimately profit from an innovation. Imitability refers to how easily competitors can copy or duplicate the technology or process underpinning the innovation. There are many examples of barriers a company could use to protect itself from imitation, including intellectual property rights, complex internal routines or tacit knowledge...

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