David J. Teece is the Thomas W. Tusher Professor in Global Business at the University of California, Berkeley’s Haas School of Business. 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 has authored over 30 books and 200 scholarly papers, and has been cited more than 120,000 times, per Google Scholar. He is co-editor of the Palgrave Encyclopedia of Strategic Management. Dr. Teece has received seven honorary doctorates and has been recognized by Royal Honors.
Dr. Teece pioneered the dynamic capabilities perspective, defined as “the ability to integrate, build, and reconfigure internal and external competencies to address rapidly changing environments.” According to Science Watch (November/December 2005), his paper (with Gary Pisano and Amy Shuen) “Dynamic Capabilities and Strategic Management” was the most cited paper in economics and business globally for the period from 1995 to 2005.
A native of New Zealand, Dr. Teece co-founded Berkeley Research Group, an expert services and consulting firm of economists and other professionals with expertise in domains ranging from higher education to corporate finance. Founded in 2010, BRG had forty-one offices and more than 1,000 employees as of July 2017. Dr. Teece also founded, and then acted as vice-chairman of, Law and Economics Consulting Group (LECG), a now-dissolved business that provided expert advice and testimony to companies and countries in need of independent economic analysis and review.
Dr. Teece has a PhD in economics from the University of Pennsylvania and has held teaching and research positions at Stanford University and Oxford University. He has received honorary doctorates from the University of Canterbury, New Zealand; St. Petersburg State University, Russia (where he was instrumental in founding the Graduate School of Management); Copenhagen Business School, Denmark; Lappeentranta University of Technology, Finland; University of Calgary Haskayne School of Business, Canada; Kaunas University of Technology, Lithuania; and EBS University of Business and Law, Germany.
Other honors Dr. Teece has received include:
- Distinguished Fellow, New Zealand Association of Economist (2016)
- Eminent Scholar Award, Academy of International Business (2013)
- New Year Royal Honours, Companion of the New Zealand Order of Merit (2013)
- Herbert Simon Award (2011)
- Winner of the Best Paper Prize Award of the Strategic Management Journal: “Dynamic Capabilities and Strategic Management” (2003)
- Viipuri International Prize in Strategic (Technology) Management and Business Economics (2003)
- On Accenture’s list of the world’s “Top 50 Business Intellectuals” (2002)
Dr. Teece has over thirty years of experience as an active consultant performing economic, business, and financial consulting services to businesses and governments around the world. He has worked on matters in industries ranging from music recording to DRAMS, software, lumber, and petroleum, and has testified in both federal and state court, before Congress, and before the Federal Trade Commission, as well as in several international jurisdictions.
Dr. Teece is the co-editor of Industrial & Corporate Change (Oxford University Press). In addition, Dr. Teece is among the “A-List of Management Academics 2011,” an honorary group of thirty accomplished and distinguished US business professors.
His other significant entrepreneurial ventures include Mt. Beautiful Vineyards and Farms in the Cheviot Hills of North Canterbury, on New Zealand’s South Island; Vomo Island Resort in the Fiji Islands; and numerous student housing projects in the Berkeley, California, community.