This book presents for the first time a careful selection of David Teece's most important writings on the theory of the firm and its implications for economic performance. After a biographical introduction which sheds new light on his research programme, the book focuses on key areas, including:-

  • the nature of the firm and dynamic capabilities
  • diversification and vertical integration
  • internal organization and economic performance
  • international scope, alliances and joint ventures

The volume also includes an extensive introduction which provides a biographical insight into the development of the author's career and his continuing research into the areas the articles in this volume exlore. David Teece's style of writing is succinct and logical and the material presented in this volume, and its companion Strategy, Technology and Public Policy, will be of great interest to economists, managers, consultants and policy makers.


This excellent book provides a welcome collection of David Teece's most important writings in the related areas of strategy and technology and their implications for public policy.

These papers are the result of an ambitious agenda to analyse concepts in economics, organizational theory and management policy to provide a uniquely integrated global view of strategy, technology and public policy. Key topics which are addressed include:

  • fundamental issues in strategic management
  • technology and technology transfer
  • antitrust
  • regulation and deregulation
  • technology policy

The volume also includes an extensive introduction which provides a biographical insight into the development of the author's career and his continuing research into the areas the articles in this volume exlore. David Teece's style of writing is succinct and logical and the material presented in this volume, and in its companion Economic Performance and the Theory of the Firm, will be of great interest to economists, managers, consultants and policy makers.