Description How do firms compete? How do firms earn above normal returns? What\'s needed to sustain superior performance long term? An increasingly powerful answer to these fundamental questions of business strategy lies in the concept of Dynamic capabilities.
He has been included on the "A-List of Management Academics 2011" by Business Educators, an orgazination which seeks to facilitate collaborations between business academics and professionals..
Teece is Chaired Professor of Haas Business School at the University of California, Berkeley.
About the Author David J.
Accessibly written and presented, it will be an invaluable and stimulating tool for all those who want to understand this important contribution to Strategic thinking, be they MBA students, academics, managers, or consultants.
Teece explains their genesis, application, and how they offer an alternative approach to much conventional Strategic thinking grounded in simplistic and outdated understandings of industrial organizations and the foundations of competitive advantage.
This book is the clearest and most succinct statement of the core ideas of Dynamic capabilities.
Through his consultancy and advisory work he has also brought these ideas to bear in business and policy making around the world.
His ideas have been influential in business strategy, management, and economics, and are relevant to innovation, technology management, and competition policy.
It is grounded in 25 years of his research, teaching, and consultancy.
David Teece was the pioneer of the Dynamic Capabilities perspective.
They not only adapt to business ecosystems; they also shape them through innovation, collaboration, learning, and involvement.
Enterprises with strong Dynamic Capabilities are intensely entrepreneurial.
These are the skills, processes, routines, organizational structures, and disciplines that enable firms to build, employ, and orchestrate intangible assets relevant to satisfying customer needs, and which cannot be readily replicated by competitors.
Description How do firms compete? How do firms earn above normal returns? What\'s needed to sustain superior performance long term? An increasingly powerful answer to these fundamental questions of business strategy lies in the concept of Dynamic capabilities
