The Palgrave Encyclopedia of Strategic Management

Living Edition
| Editors: Mie Augier, David J. Teece

Teece, David J. (Born 1948)

Living reference work entry


David Teece has made important contributions to strategy, innovation and  international business (IB) and public policy, including reasons for the existence and organization of firms; how appropriability/value capture and transactional issues can influence innovative activity and value creation and the boundaries of the firm; and the role of dynamic capabilities in contributing to the sustainable competitive advantage (SCA) of firms. Recent work on dynamic capabilities integrates a considerable body of social science and management research and fashions a novel framework to help deepen understanding of the nature, essence, strategy and performance of the business enterprise.


International Business Dynamic Capability Transaction Cost Economic Sustainable Competitive Advantage Business Model Innovation 
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Selected Works

  1. Teece, David. 1977a. Technology transfer by multinational firms: the resource cost of transferring technological know-how. The Economic Journal 87: 242–261.CrossRefGoogle Scholar
  2. Teece, David. 1977b. Time–cost tradeoffs: elasticity estimates and determinants for international technology transfer projects. Management Science 23: 830–837.CrossRefGoogle Scholar
  3. Teece, David. 1980. Economies of scope and the scope of the enterprise. Journal of Economic Behavior and Organization 1: 223–247.CrossRefGoogle Scholar
  4. Teece, David. 1981a. The multinational enterprise: market failure and market power considerations. Sloan Management Review 22: 3–17.Google Scholar
  5. Teece, David. 1981b. Internal organization and economic performance: an empirical analysis of the profitability of principal firms. Journal of Industrial Economics 30: 173–199.CrossRefGoogle Scholar
  6. Teece, David. 1982. Towards an economic theory of the multiproduct firm. Journal of Economic Behavior and Organization 3: 39–63.CrossRefGoogle Scholar
  7. Teece, David. 1986a. Transaction cost economics and the multinational enterprise: an assessment. Journal of Economic Behavior and Organization 7: 21–45.CrossRefGoogle Scholar
  8. Teece, David. 1986b. Profiting from technological innovation: implications for integration, collaboration, licensing and public policy. Research Policy 15: 285–305.CrossRefGoogle Scholar
  9. Teece, David. 1998. Capturing value from knowledge assets: the new economy, markets for know-how, and intangible assets. California Management Review 40: 55–79.CrossRefGoogle Scholar
  10. Teece, David. 2000. Strategies for managing knowledge assets: the role of firm structure and industrial context. Long Range Planning 33: 35–54.CrossRefGoogle Scholar
  11. Teece, David. 2005. Technology and technology transfer: Mansfieldian inspirations and subsequent developments. Journal of Technology Transfer 30: 17–33.CrossRefGoogle Scholar
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  13. Teece, David. 2007. Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal 28: 1319–1350.CrossRefGoogle Scholar
  14. Teece, David. 2009. Dynamic capabilities and strategic management: organizing for innovation and growth. Oxford: Oxford University Press.Google Scholar
  15. Teece, David. 2010. Business models, business strategy and innovation. Long Range Planning 43: 172–194.CrossRefGoogle Scholar
  16. Teece, David. 2012. Next-generation competition: new concepts for understanding how innovation shapes competition and policy in the digital economy. Journal of Law Economics and Policy 9: 97–118.Google Scholar
  17. Teece, David. 2014. A dynamic capabilities-based entrepreneurial theory of the multinational enterprise. Journal of International Business Studies 45: 8–37.CrossRefGoogle Scholar
  18. Teece, David. 2015. Dynamic capabilities and entrepreneurial management in large organizations: toward a theory of the (entrepreneurial) firm. European Economic Review. doi:10.1016/j.euroecorev.2015.11.006Google Scholar
  19. Teece, David, and G. Pisano. 1994. The dynamic capabilities of firms: An introduction. Industrial and Corporate Change 3: 537–556.CrossRefGoogle Scholar
  20. Teece, David, G. Pisano, and A. Shuen. 1990. Firm capabilities, resources and the concept of strategy. In Consortium on competitiveness and cooperation working paper No. 90–9. Berkeley, CA: Center for Research in Management, University of California.Google Scholar
  21. Teece, David, G. Pisano, and A. Shuen. 1997. Dynamic capabilities and strategic management. Strategic Management Journal 18: 509–533.CrossRefGoogle Scholar

Authors and Affiliations

  1. 1.Judge Businenss SchoolCambridgeUK