文档介绍：Research Policy 35 (2006) 1131–1146
Reﬂections on “Proﬁting from Innovation”
David J. Teece
Institute of Management, Innovation anization, Haas School of Business, University of California, Berkeley, CA 94720-1900, USA
Available online 1 November 2006
Abstract
How innovators capture value from innovation is an enduring question. Two decades ago an effort was made in “Proﬁting
from Innovation” to unlock this conundrum. This paper reﬂects on the framework offered, identiﬁes and reviews the analytical
foundations of the theory, and recognizes subsequent contributions and advancements. Linkages are also made to the strategic
management literature on “resources” and “dynamic capabilities”. Elements of a Schumpeterian theory of the ﬁrm are outlined,
along with a framework to assist management in designing mercialization strategies.
© 2006 Published by Elsevier .
Keywords: Appropriability; Complementary assets; Intangible assets; Standards; Technological innovation; Dynamic capabilities
1. Introduction
Twenty years after the publication of “Proﬁting from L. Tushman, Philip Anderson, Managing Strategic Innovation and
Innovation”(PFI) in this journal (Teece, 1986), the ques- Change (Oxford University Press, New York/Oxford, 1997), 287–306;
tion asked therein continues to capture the interests of Strategy, Technology and Public Policy: The Selected Papers of David
scholars and managers alike. The positive reception the J. Teece, vol. II (Edward Elgar, Cheltenham, UK/Northampton, MA,
paper has received1 is no doubt in part because the 1998); Abstracted in The Journal of Product Innovation Management,
5:1 (March 1988). Slightly revised versions of the paper can be found in
“Capturing Value from Technological Innovation: Integration, Strate-
gic Partnering, and Licensing Decisions,” Interfaces, 18:3 (May/June
E-mail address: David.******@. 1988), 46–61; Bruce R. Guile, Brooks, H. (Eds.), Technology and
1 The paper has been extensively cited. I