Profiting from enabling technologies
WebOct 10, 2024 · Technological revolutions mark profound transformations in socio-economic systems. They are associated with the development and diffusion of general-purpose technologies (GPTs) that display very high degrees of pervasiveness, dynamism and complementarity. WebApr 1, 2024 · Profiting from innovation in the digital economy: Enabling technologies, standards, and licensing models in the wireless world Authors: David J. Teece University …
Profiting from enabling technologies
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WebTeece, DJ (2024). Profiting from innovation in the digital economy: Enabling technologies, standards, and licensing models in the wireless world, Research Policy, 47(8): 1367-1387. The value-capture problem for innovators in the digital economy involves some different challenges from those in the industrial economy. We provide empirical evidence in support of the arguments presented, as the limited availability of cross-industry data on firms’ commercialization strategies makes it difficult to test our arguments fully. A key point that we illustrate empirically is that “discrete” and enabling technologies display different patterns … See more How to profit from innovation remains an important question for innovation scholars, practitioners, and policy makers. It is a relevant … See more Teece’s seminal 1986 article focused on an important question: How should the configuration of strategic and organizational activities of innovators—including … See more Thirty years after its publication, the PFI framework has continued to have a considerable impact on the field of technology management. We focused on how PFI applies in the context of enabling technologies. … See more
WebDec 20, 2024 · This chapter explores the connections between enabling technologies and enabling business models for next-generation wireless communications. These connections have not only been present but... WebOct 22, 2024 · Ascending to that elite group is far from easy. In a new survey of more than 1,700 C-suite executives, we learned that the average digital transformation—an effort to enable existing business models by integrating advanced technologies—stands a 45 percent chance of delivering less profit than expected.
WebGPT and Enabling Technologies One of the first topics Teece addresses is GPT and Enabling Technologies: These are technologies that have an ability tospawn numerous new innovations,often in different fields and typically downstream … WebAug 31, 2024 · Information and communication technologies (ICT) are important enablers in the path towards a sustainable future. ICT present a diverse set of technological tools and …
WebDec 19, 2016 · The good news is that internet-based technologies that enable The Connected Enterprise® are far more approachable than yesterday's on premise options. …
fory myers tv stationsWebSep 16, 2024 · Business David Teece's 1986 seminal work' Profiting from Innovation' set out a framework highly relevant to trhe industrial age but not so specific to address the digital landscape of today. The 2024 version has just done that. These are notes and musings from reading the paper, extracting valuable insight into IP and appropriations that protect. directions to yellow brick casinoWebProfiting from innovation in the digital economy: Enabling technologies, standards, and licensing models in the wireless world David J. Teece Research Policy, 2024, vol. 47, issue 8, 1367-1387 Abstract: The value-capture problem for innovators in the digital economy involves some different challenges from those in the industrial economy. forynasWebWe argue that capturing value in such circumstances is fundamentally different from profiting from less-enabling technologies and raises new issues with respect to the relevant business models and public policies. This paper’s contribution is threefold. It formally revises and extends the original PFI framework to include the case of enabling ... for yoko\\u0027s fitness classWebThe innovator of an enabling technology has a special business model challenge because the applicability to many downstream verticals forecloses, as a practical matter, … for yoko\u0027s fitness classWebThe Profiting from Innovation (PFI) framework (Teece, 1986) was launched thirty years ago in a very different technological and business environment than most companies face … foryn gilnithWebOct 23, 2024 · General purpose technologies (GPTs) push out the production possibility frontier and are of strategic importance to managers and policymakers. GPTs are typically identified with many years of hindsight. For managers deciding on technology strategy, this classification will come too late. fory myers map