David J. Teece is an economist and an authority on matters of industrial organization, technological change, and innovation. He is the Thomas W. Tusher Professor in Global Business at the Haas School of Business at the University of California, Berkeley.
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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. These a... SEE MORE