Increasing liberalization of markets, combined with the creation of new markets for intermediate products stripping at the firm a competitive advantage to return to its fundamental core: it is difficult to create and difficult to imitate intangible assets. This article discusses these developments and highlights the implications for the management of intellectual capital within the firm. "Hide
by David J. Teece Source: California Management Review 27 pages. Publication Date: April 1, 1998. Prod. #: CMR108-PDF-ENG
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