Strategy-foundations and perspectives -- What is first principles thinking? -- High-level strategic analysis -- Micro-level strategic analysis -- Tandem mode of strategic problem-solving -- Strategic options–formation, evaluation, and selection -- Strategy praxis-perspectives and reflections.

Purpose – The key purpose of this article is to provide an understanding of the rationale for, and an assessment of, public policy intervention to alleviate a perceived market failure in the area of intellectual asset management by firms. Design/methodology/approach – Utilising secondary...