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David J. Teece - Haas School of Business, University of California, Berkeley. Berkeley, CA, US

David J. Teece David J. Teece

Thomas W. Tusher Professor in Global Business | Faculty Director, Tusher Center for The Management of Intellectual Capital | Haas School of Business, University of California, Berkeley

Berkeley, CA, UNITED STATES

International authority on industrial organizations and technological change, antitrust policy, and intellectual property

Social

Areas of Expertise (11)

Competitive Performance of Firms in the Global Marketplace Intellectual Capital Management Innovation Intellectual Property Antitrust Policy Technology and Intellectual Property Strategy Management Corporate Governance Product and Process Development Human Capital Dynamic Capabilities

About

David J. Teece is an economist and an authority on matters of industrial organization, technological change, and innovation, particularly as it relates to antitrust and competition policy and intellectual property. He is the Thomas W. Tusher Professor in Global Business and Director of the Tusher Center on Intellectual Capital at Berkeley Haas, and a member of the board of overseers for the faculty of arts and sciences at the University of Pennsylvania. Teece has a PhD in economics from the University of Pennsylvania and has held teaching and research positions at Stanford University and Oxford University. He has received eight honorary doctorates.

Teece has over 30 years of experience as an active consultant performing economic, business, and financial consulting services to businesses and governments around the world. He has worked on matters in industries ranging from music recording to DRAMS, software, lumber, and petroleum, and has testified in both federal and state court, before Congress, and before the Federal Trade Commission, as well as in several international jurisdictions.

He is the author of more than 200 books and articles, and is the Co-editor of Industrial & Corporate Change (Oxford University Press). According to Science Watch (November/December 2005), he is the lead author on the most cited article in economics and business worldwide from 1995 to 2005. He is also one of the Top 10 cited scholars for the last decade and has been recognized by Accenture as one of the world’s top-50 business intellectuals. Teece is Chairman and Principal Executive Officer of Berkeley Research Group and was chairman and co-founder of LECG from 1988-2007 and vice-chairman from 2007 to 2009.

Multimedia

Publications:

David J. Teece Publication

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Videos:

David Teece on Dynamic Capabilities and Strategic Management David Teece on Silicon Valley Business Models The dynamic capabilities of Firms David Teece and Gary Pisano

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Education (4)

University of Pennsylvania: PhD, Economics

Edinburgh Business School: Honorary Doctorate 2017

University of Pennsylvania: MA

University of Canterbury: BA, MComm

Honors & Awards (13)

Honorary Doctorate

Edinburgh Business School, UK
2017

Honorary Doctorate

EBS Business School, Germany
2016

Honorary Doctorate

Kaunas University of Technology, Lithuania
2016

Honorary Doctorate

University of Calgary, Canada
2015

Herbert Simon Award

2011

World’s Top 50 Living Business Intellectuals

Recognized by Accenture

Winner of the 2003 Best Paper Prize Award

Awarded by the Strategic Management Journal for the paper: “Dynamic Capabilities and Strategic Management.”

Viipuri International Prize in Strategic (Technology) Management and Business Economics

Awarded in Strategic (Technology) Management and Business Economics

Honorary Doctorate

University of Canterbury, New Zealand
2007

Honorary Doctorate

Lappeenranta University of Technology, Finland
2004

Honorary Doctorate

Copenhagen Business School, Denmark
2004

Honorary Doctorate

St. Petersburg State University, Russia
2000

One of Top 10 most cited scholars worldwide in economics and buisness

Listed by Science Watch
1995 – 2005

Selected External Service & Affiliations (3)

  • Co-editor and co-founder, Industrial and Corporate Change (Oxford University Press)
  • Member, American Economic Association, Licensing Executives Society, Council on Foreign Relations, International Joseph A. Schumpeter Society, Benjamin Franklin Society
  • Chairman, Berkeley Research Group

Positions Held (1)

At Haas since 1982

2015 - present, Faculty Director, Tusher Center for the Management of Intellectual Capital
2012 – 2015, Faculty Director, Institute for Business Innovation
2009 – present, Director, Center for Global Strategy and Governance
2007 - present, Thomas W. Tusher Professor in Global Business
1994 – 2009, Director, Institute of Management, Innovation and Organization (IMIO), UC Berkeley 2007 – 2008, Thomas W. Tusher Chair in Global Business
1989 – 2007, Mitsubishi Bank Chair in International Business and Finance
1983 – 1994, Director, Center for Research in Management (CRM), University of California, Berkeley
1989, Visiting Fellow, St. Catherine’s College, Oxford University, and Oxford Institute for Energy Studies
1978 – 1982, Associate Professor of Business Economics, Stanford University
1978 – 1979, Visiting Associate Professor of Economics, University of Pennsylvania
1975 – 1978, Assistant Professor of Business Economics, Stanford University

Media Appearances (11)

What the 'American college president' needs today

Inside Higher Education  online

2018-11-20

University leaders can no longer hide from the realities and constraints of the outside world: affordability, quality control, competition, customer expectations, and, of course, growth and the bottom line, writes David Teece, Thomas W. Tusher Professor in Global Business.

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Providers must plan today for tomorrow's IoT landscape

HealthTech  online

2018-10-19

The advent of 5G is poised to have a major impact on the deployment and success of IoT in healthcare. A report by David Teece, Thomas W. Tusher Professor in Global Business, says that 5G will be a substantial enabler of personalized healthcare and will turn IoT into a general-purpose technology.

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Antitrust laws must promote the true driver of growth: innovation

The Hill  online

2018-10-03

Prof. David Teece, Thomas W. Tusher Professor in Global Business, writes that a growing recognition has emerged among economists that antitrust laws must be recalibrated to preserve the incentive to innovate and promote the U.S. innovation economy.

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The downside of applying lean startup principles

Knowledge@Wharton  online

2018-09-28

Appropriability -- the capacity a firm has to retain value from its innovation -- is one of the most important concepts in innovation academic literature, and comes from the work of Prof. David Teece, Thomas W. Tusher Professor in Global Business.

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An interview with David Teece, a practicing business intellectual

EIX  online

2018-05-31

David Teece, Thomas W. Tusher Professor in Global Business, said his motivation as a faculty member and as co-founder of the Berkeley Research Group (BRG) is to do something great, build a new type of organization. "If you just go replicate what everyone else has done it will not be exciting," he said. "I’ve been able to find purpose from building organizations that are different. What I like to think I’ve done with BRG is bring the Silicon Valley model of business organization to professional services."

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The future of management education

BW Education  online

2018-05-07

Given the accelerated pace of change, the future of management education should be based on dynamic capabilities, a concept defined by David Teece, Thomas W. Tusher Professor in Global Business, as a company’s ability to integrate, build, and reconfigure internal and external competencies to address rapidly changing environments.

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How 5G will spur more personalized care for patients

HealthTech  online

2018-04-27

A report published last fall by David Teece, Thomas W. Tusher Professor in Global Business, says that 5G will be a “substantial enabler” of a new era of personalized healthcare by providing organizations with the ability to leverage large amounts of patient-specific data they can use to develop predictive analytics.

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Reading academic research papers is the best success hack you’ve never heard about

Entrepreneur  online

2018-04-27

The author recommends reading “Business Models, Business Strategy and Innovation” by David Teece, Thomas W. Tusher Professor in Global Business, in which Teece explores and advances understanding the connection between business models and strategy and innovation management.

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Apply Evidence-based Approach to Antitrust Law Equally to Innovators and Implementers

IP Watchdog  online

2018-02-22

As judges, former judges and government officials, legal academics and economists who are experts in antitrust and intellectual property law, we write to express our support for your recent announcement that the Antitrust Division of the Department of Justice will adopt an evidence-based approach in applying antitrust law equally to both innovators who develop and implementers who use technological standards in the innovation industries.

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Choosing The Right Course Can Help Leaders Navigate Turbulent Waters

Forbes  online

2018-01-31

'One answer could be the concept of "dynamic capabilities" developed by Professor David Teece and his colleagues at the University of California's Haas School of Business. This framework suggests that three such capabilities - sensing, seizing and transforming - put certain businesses ahead of their rivals in spotting opportunities, acting on the intelligence and then being able to exploit the opening commercially.'

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Disrespect strategic thinking at your peril

The Globe and Mail  online

2016-03-08

'Agility is the new must-have. The rising popularity of the start-up culture has brought this concept into the mainstream, Newer models of strategy, such as David Teece's, Dynamic Capabilities model, which emphasises that an organization must be able to build and reconfigure its internal and external capabilities if it hopes to address changing environments, are anchored in the organizational and team ability to learn (or rather, to remove learning dysfunctions, entrenched assumptions and unchallenged world-views) and to make sense of what's happening around them. It's about learning, adjusting, and ultimately, the possibility of transformation.'

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Selected Papers & Publications (12)

The role of emergence in dynamic capabilities: a restatement of the framework and some possibilities for future research Industrial and Corporate Change

David J. Teece, Neil M. Kay, and Sohvi Leih

2018

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Dynamic capabilities as (workable) management systems theory Journal of Management and Organization

David J. Teece

2018

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Business Models and Dynamic Capabilities Long Range Planning

David J. Teece

2018

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On the "non-discrimination" aspect of FRAND licensing: A response to the Indian Competition Commission's recent orders IIMB Management Review

David J. Teece, Edward F. Sherry, and Peter C. Grindley

2017

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A Capability Theory of the Firm: An Economics & (Strategic) Management Perspective New Zealand Economic Papers (NZEP)

David J. Teece

2017

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Business Models, Value Capture, and the Digital Enterprise Journal of Organizational Design,

David J. Teece and Greg Linden

2017

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Innovation Spillovers and the ‘Dirt Road’ Fallacy: The Intellectual Bankruptcy of Banning Optional transactions for Enhanced Delivery over the Internet Journal of Competition Law & Economics

J. Gregory Sidak, David J. Teece

2010

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Forward Integration and Innovation: Transaction Costs and Beyond Journal of Retailing

David J. Teece

2010

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Business Models, Business Strategy and Innovation Long Range Planning

David J. Teece

2010

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Cross-border Market Co-creation, Dynamic Capabilities and the Entrepreneurial Theory of the Multinational Enterprise Industrial & Corporate Change

David J. Teece, Christos N. Pitelis

2010

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Introduction: on the Nature and Scope of Dynamic Capabilities Industrial & Corporate Change

Valery S. Katkalo, Christos N. Pitelis, David J. Teece

2010

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Dynamic Capabilities and Strategic Management: Organizing for Innovation and Growth Oxford University Press

Dave J. Teece

2009

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Teaching (2)

Management of Innovation and Change: Knowledge, Intellectual Capital and Competitive Advantage

MBA 290I.1

Technology Dynamics and Firm Strategy

PhD BA279C

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