David J. Teece is the Thomas W. Tusher Professor in Global Business at the University of California’s Haas School of Business (Berkeley). He is also the director of the Center for Global Strategy and Governance and faculty director of the school’s Institute for Business Innovation. He is the author of over 30 books and 200 scholarly papers and co-editor of the Palgrave Encyclopedia of Strategic Management. Dr. Teece has received seven honorary doctorates and has been recognized by Royal Honors. Continue to full bio…
The Scholar Entrepreneur
Innovation and its application are what drive economic growth and wealth creation in capitalist societies
that have sound macroeconomic policies and good infrastructure. Entrepreneurs, as the Austrian
economist Joseph Schumpeter reminds us, are essential to the application of new technology and
business models to practical problems. Discovering and developing “new combinations” of technologies
are core to this process. But it does not happen automatically.
Entrepreneurs provide the vision,
wisdom, commitment, and sweat to help make it happen. They are the catalysts for change and
improvement in the economic system.
Scholars probe for deep explanations and fundamental truths. They help develop an understanding of
complex phenomenon; they also try to teach and mentor. They are not usually entrepreneurs. Their
penchant is for reflection, not for doing.
Being both “reflective” and a “doer” may seem like an oxymoron, but it is not. Doing, and doing
the right things, are different activities and require different skills. The competent scholar-entrepreneur
has a chance to be reflective while doing the right things… the things that produce positive results in
the marketplace and yield social value. This quest to be both reflective and entrepreneurial, hopefully
employing practical wisdom, has animated my activities.
On July 5, David Teece will provide a keynote address on “Profiting from Innovation in the Digital Economy: Platforms, Standards, and Business Models in the Wireless World” at the University of Cambridge Centre for Technology Management’s R&D Management Conference, “From Science to Society: Innovation and Value Creation.”
David Teece received an honorary doctorate from Kaunas University of Technology in Lithuania. He also provided lectures on “Dynamic Capabilities“ and “Transforming to a Knowledge Economy: The Role of Innovation Ecosystems and Dynamic Capabilities.”
David Teece presented “The Role of Innovation Ecosystems and Dynamic Capabilities.” He reviewed the elements of national clusters of innovation, discussed the birth of clusters, and highlighted factors relevant to Kuwait on a national level and the importance of adopting a “dynamic capabilities” approach at a company level.
David Teece will be the distinguished chair of an evening roundtable on December 7 at this Indian Institute of Management Bangalore event in Bangalore, India. On December 8, he will discuss “Business Strategy and Intellectual Property in National Competitiveness.”
“Dynamic Capabilities in the Upstream Oil and Gas Sector: Managing Next-Generation Competition,” coauthored by Amy Shuen, Paul Feiler, and David Teece, has been one of the top downloaded open-access articles on Science Direct published since January 2014 in Energy: Policy and Economics journals.
An extraordinary evening unfolded in San Francisco in the famed Julia Morgan Ballroom of the Merchants Exchange Club on October 7, 2015. Hosts Dr David and Leigh Teece brought New Zealand to San Francisco and San Francisco to New Zealand as a prelude to new Pacific friendships and partnerships. The ballroom was filled to capacity […]
David Teece spoke about “Intellectual Property Issues in a Global Context: Management and Policy Concerns” at the launch of the Tusher Center for the Management of Intellectual Capital at U.C. Berkeley’s Haas School of Business.