U.S. direction in technological invention has remained an important source of national income and pride. Indeed, understanding that advanced economies compete mainly on the basis of innovation, U.S. scholars were among the early leaders in studying and describing powerful organizational approaches to knowledge creation, sharing, and utilization. Yet, despite their recognized capacities, U.S. businesses apparently still make use of only a fraction of their available knowledge.
While the U.S. still has the world's top research universities and is home to many world class firms that champion technology and innovation, there are growing concerns that the business values and practices essential to the development and sharing of knowledge and its full use in initiation initiatives may not be evolving at the identical rate in the U.S. as they are in some of its top foreign rivals. Examines some of the current criticisms and concerns about management practices in U.S. companies and discusses the management theories and behavioral prescriptions that are vital to maintaining global leadership in innovation-based economic competitiveness.
PUBLICATION DATE: November 01, 2007 PRODUCT #: CMR385-PDF-ENG
This is just an excerpt. This case is about STRATEGY about STRATEGY & EXECUTION
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