In the News

Profiting from Innovation: Building Firm Level and National Competitiveness

Events and Engagements: March 4, 2013

In a presentation at Claremont McKenna College, Haas Business School Professor David Teece delivered the important message that the development of knowledge assets and capabilities are now central to competitive advantage. Dr. Teece said that, “The flow of information, the expansion of markets, and easier access to complementary assets are stripping away traditional sources of competitive advantage, leaving knowledge and competence as the difficult-to-replicate bottleneck assets which anchor enterprise level competitive advantage. Scale and scope advantages are of limited value on such environments.”

Read full article...

Haas Business School Professor David Teece Receives Royal Award from New Zealand

In the News: March 1, 2013

Haas Business School Professor David Teece has received the Companion of the New Zealand Order of Merit for his services to New Zealand/United States relations. It is a Royal Honour and is bestowed by the Governor General on behalf of Queen Elizabeth II. The Order of Merit is awarded to those “who in any field of endeavor have rendered meritorious service to the Crown and nation or who have become distinguished by their eminence, talents, contributions or other merits.”

Read full article...

Japanese Edition of “Dynamic Capabilities and Strategic Management” is Forthcoming from Oxford University Press

In the News: February 15, 2013

“I am honored that there is sufficient interest in my work in Japan to justify a Japanese translation of Dynamic Capabilities and Strategic Management. Although there are important differences between the business contexts in Japan and the United States, Japanese firms must function in the same turbulent environments as firms in the United States or Europe. The dynamic capabilities framework is not tied to a specific set of operational or institutional circumstances. Instead, it is designed to help top management analyze, respond, and even shape these environments in order to build sustainable competitive advantage. For this reason, the logic of dynamic capabilities should apply as much in Japan as elsewhere.

Read full article...