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Strategy, Innovation and the Theory of the Firm

Author

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  • David J. Teece

Abstract

David Teece is one of the leading thinkers on issues of strategic management, particularly the importance of dynamic capabilities for organizations in industries undergoing change. This collection of his papers explores ideas of both theoretical and practical significance. Topics addressed include the development and elaboration of the dynamic capabilities framework, with an emphasis on the orchestration of resources both inside and outside the firm to capture value. Another area of focus is the theoretical and conceptual understanding of the essence of the firm. In an era of global specialization, mainstream theories about contracts and production functions fall short of the reality that managers confront every day. David Teece’s understanding of these realities is well reflected and clearly articulated in this book.

Suggested Citation

  • David J. Teece, 2012. "Strategy, Innovation and the Theory of the Firm," Books, Edward Elgar Publishing, number 14245.
    • Handle: RePEc:elg:eebook:14245
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    File URL: http://www.e-elgar.com/shop/isbn/9781849808644
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    Citations

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    Cited by:

    1. William, Lazonick, 2020. "Is the most unproductive firm the foundation of the most efficient economy? Penrosian learning confronts the Neoclassical fallacy," MPRA Paper 99171, University Library of Munich, Germany.
    2. Peter J. Buckley, 2018. "Internalisation Theory and Outward Direct Investment by Emerging Market Multinationals," Management International Review, Springer, vol. 58(2), pages 195-224, April.

    More about this item

    Keywords

    Business and Management; Economics and Finance; Innovations and Technology;
    All these keywords.

    JEL classification:

    • L0 - Industrial Organization - - General
    • D0 - Microeconomics - - General

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