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Management Decision
ISSN: 0025-1747
Incorporates: Journal of Management History (Archive)
Online from: 1967
Subject Area: Management Science/Management Studies
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The sharing, protection and thievery of intellectual assets: The case of the Formula 1 industry
| Title: | The sharing, protection and thievery of intellectual assets: The case of the Formula 1 industry |
|---|---|
| Author(s): | Maria Solitander, (Department of Management and Organization, Hanken School of Economics and Business Administration, Helsinki, Finland), Nikodemus Solitander, (Department of Marketing, Hanken School of Economics and Business Administration, Helsinki, Finland) |
| Citation: | Maria Solitander, Nikodemus Solitander, (2010) "The sharing, protection and thievery of intellectual assets: The case of the Formula 1 industry", Management Decision, Vol. 48 Iss: 1, pp.37 - 57 |
| Keywords: | Intangible assets, Intellectual capital, Job mobility, Knowledge management |
| Article type: | Research paper |
| DOI: | 10.1108/00251741011014445 (Permanent URL) |
| Publisher: | Emerald Group Publishing Limited |
| Abstract: | Purpose – The purpose of this paper is to analyze how the Intellectual Capital perspective can be altered in order to include ethically questionable practices of knowledge acquisition. Design/methodology/approach – The paper explores the relationship between formal and illicit forms of intellectual capital acquisition through a case study of the Formula 1 industry. The paper is based on secondary data from public sources. Findings – Ethically questionable practices are a part of the knowledge economy. In the case study, the view on what was ethical and accepted was changed due to uncovered practices of espionage. Practical implications – Firms in knowledge-intensive industries often employ unrecognized informal channels for intellectual capital acquisition. Managers should consider the boundary between right and wrong in their particular industry, and whether they have the tools for dealing with ethically questionable practices. Originality/value – The paper suggests a complementary interpretation of the Formula 1 industry not only as a best-practice case of how community and trust knowledge spillovers facilitate innovation, but also how ethically questionable practices of intellectual capital acquisition exist as an accepted part of the process. |
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