Enjoy fast, free delivery, exclusive deals, and award-winning movies & TV shows with Prime
Try Prime and start saving today with fast, free delivery

Kindle
$19.24

Available instantly

Audiobook
$0.00
with membership trial

Hardcover
$6.61 - $81.00

Paperback
$20.82 - $32.75

FREE Returns

FREE delivery February 3 - 5

Or fastest delivery January 30 - February 1

Select delivery location

Usually ships within 5 to 7 days

$$81.00 () Includes selected options. Includes initial monthly payment and selected options. Details

Ships from

Amazon.com

Ships from

Amazon.com

Sold by

Amazon.com

Sold by

Amazon.com

Returns

Eligible for Return, Refund or Replacement within 30 days of receipt

Returns

Eligible for Return, Refund or Replacement within 30 days of receipt

This item can be returned in its original condition for a full refund or replacement within 30 days of receipt.

Read full return policy

Payment

Secure transaction

Payment

Secure transaction

We work hard to protect your security and privacy. Our payment security system encrypts your information during transmission. We don’t share your credit card details with third-party sellers, and we don’t sell your information to others. Learn more

Details

Add a gift receipt for easy returns

$3.99 delivery January 25 - 31. Details

Or fastest delivery January 23 - 26. Details

Select delivery location

Used: Good | Details

Sold by HPB-Red

Access codes and supplements are not guaranteed with used items.

Follow the author

David J. Teece

Follow

Dynamic Capabilities and Strategic Management: Organizing for Innovation and Growth 1st Edition

by David J. Teece (Author)

4.4 30 ratings

See all formats and editions

{"desktop_buybox_group_1":[{"displayPrice":"$81.00","priceAmount":81.00,"currencySymbol":"$","integerValue":"81","decimalSeparator":".","fractionalValue":"00","symbolPosition":"left","hasSpace":false,"showFractionalPartIfEmpty":true,"offerListingId":"eFmNemM%2F2erUYWNURmetVoC2%2FCKA7133dId11rh0l3aPzMTri8WbAoPR4S5VvmHMqIjf1MF7CpgP1oTdqN4%2FarUN7lwjoeejvXA%2BbDzT%2B%2FVVGlgKJyLtARzN%2BsB%2BA2p22vZ967zg18w%3D","locale":"en-US","buyingOptionType":"NEW","aapiBuyingOptionIndex":0}, {"displayPrice":"$6.61","priceAmount":6.61,"currencySymbol":"$","integerValue":"6","decimalSeparator":".","fractionalValue":"61","symbolPosition":"left","hasSpace":false,"showFractionalPartIfEmpty":true,"offerListingId":"eFmNemM%2F2erUYWNURmetVoC2%2FCKA71339JFU5gEiBW1wHomsQnPPetrMW%2F4lSgCtlV8ztIXUCljwtJmFIHlWalF8A9QkpBy33v%2BzhH7WTvYpPyiKHv%2BE4rXDgn0nrcbS0eq%2BF8heTv6DLEE%2Fg1wRtGTodQU5zhGTCk4pdJuet7CaVP%2FwEBRCh%2BnrVh6DlESg","locale":"en-US","buyingOptionType":"USED","aapiBuyingOptionIndex":1}]}

Purchase options and add-ons

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 are the skills, processes, routines, organizational structures, and disciplines that enable firms to build, employ, and orchestrate intangible assets relevant to satisfying customer needs, and which cannot be readily replicated by competitors. Enterprises with strong dynamic capabilities are intensely entrepreneurial. They not only adapt to business ecosystems; they also shape them through innovation, collaboration, learning, and involvement.

David Teece was the pioneer of the dynamic capabilities perspective. It is grounded in 25 years of his research, teaching, and consultancy. His ideas have been influential in business strategy, management, and economics, and are relevant to innovation, technology management, and competition policy.

Through his consultancy and advisory work he has also brought these ideas to bear in business and policy making around the world.

This book is the clearest and most succinct statement of the core ideas of dynamic capabilities. Teece explains their genesis, application, and how they offer an alternative approach to much conventional strategic thinking grounded in simplistic and outdated understandings of industrial organizations and the foundations of competitive advantage. Accessibly written and presented, it will be an invaluable and stimulating tool for all those who want to understand this important contribution to strategic thinking, be they MBA students, academics, managers, or consultants.

ISBN-10

019954512X
ISBN-13

978-0199545124
Edition

1st
Publisher

Oxford University Press
Publication date

June 1, 2009
Language

English
Dimensions

8.7 x 0.9 x 5.5 inches
Print length

272 pages
See all details

Dr. Anna Lembke
7,108
Paperback
37 offers from $9.72
Constance E. Helfat
9
Paperback
27 offers from $6.73
Jay B. Barney
12
Hardcover
13 offers from $80.00
Rainer Kattel
6
Hardcover
41 offers from $17.70
Edith Penrose
10
Paperback
11 offers from $14.94

Editorial Reviews

Review

"... one of the most accomplished academics in the field of strategic management... Dynamic Capabilities and Strategic Management is a succinct statement of what has come to be the prevailing academic school of thought in the field of strategy." - Phil Rosenzweig, Strategy + Business 57, Winter 2009

Book Description

How do firms grow? How do firms compete? David Teece lays out his theories on dynamic capabilities to explain.

Product details

Publisher ‏ : ‎ Oxford University Press; 1st edition (June 1, 2009)
Language ‏ : ‎ English
Hardcover ‏ : ‎ 272 pages
ISBN-10 ‏ : ‎ 019954512X
ISBN-13 ‏ : ‎ 978-0199545124
Item Weight ‏ : ‎ 1.09 pounds
Dimensions ‏ : ‎ 8.7 x 0.9 x 5.5 inches

Best Sellers Rank: #1,861,692 in Books (See Top 100 in Books)
- #1,203 in Strategy & Competition
- #1,324 in Business Management (Books)
- #3,070 in Strategic Business Planning

Customer Reviews:
4.4 30 ratings

Important information

To report an issue with this product or seller, click here.

About the author

Follow authors to get new release updates, plus improved recommendations.

David J. Teece

Brief content visible, double tap to read full content.

Full content visible, double tap to read brief content.

Dr. David J. Teece is an economist and an authority on matters of industrial organization, technological change, and innovation, particularly as it relates to antitrust and competition policy and intellectual property. He is the Thomas W. Tusher Professor in Global Business at the Haas School of Business at the University of California, Berkeley, and a member of the board of overseers for the faculty of arts and sciences at the University of Pennsylvania. Dr. Teece has a Ph.D. in economics from the University of Pennsylvania and has held teaching and research positions at Stanford University and Oxford University. He has received four honorary doctorates.

Dr. Teece has over 30 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. He is the author of more than 200 books and articles, and is the co-editor of Industrial & Corporate Change (Oxford University Press).

According to Science Watch (November/December 2005), he is the lead author on the most cited article in economics and business worldwide from 1995 to 2005. He is also one of the top-10 cited scholars for the decade and has been recognized by Accenture as one of the world's top-50 business intellectuals. In addition, he is among the "A-List of Management Academics 2011," an honorary group of 30 accomplished and distinguished U.S. business professors.

Dr. Teece co-founded Berkeley Research Group, LLC in 2010 and serves as chairman and principal executive officer. He was chairman and co-founder of LECG (1988-2007) and vice-chairman from 2007 to 2009.

Customer reviews

4.4 out of 5

30 global ratings

1 star

0%

How customer reviews and ratings work

Sort reviews by

Top reviews from the United States

There was a problem filtering reviews right now. Please try again later.

Client Kindle

Ok

Reviewed in the United States on August 26, 2019

Verified Purchase

I have just received. Tks.

Helpful

Graziela Breitenbauch de Moura

Five Stars

Reviewed in the United States on January 8, 2015

Verified Purchase

Best book about Dynamic Capacity!

Helpful

Andres Kutt

good overview of dynamic capabilities, their nature and roots

Reviewed in the United States on August 1, 2013

Verified Purchase

I'd recommend this book together with the Helfat's et al for academic people who want to understand the nature of dynamic capabilities. Personally I'll use this text as a reference for dissertation. And although I consider this book more suitable for academic research I picked one very applicable point for business life as well: the success for M&A is higher in case both parties see this as an opportunity to learn smth from the other.

One person found this helpful

Helpful

Domenico

Five Stars

Reviewed in the United States on March 7, 2015

Verified Purchase

Necessary for organizational studies.

Helpful

Celik Kurtoglu

Because it is collection of photocopies it is difficult to ...

Reviewed in the United States on September 20, 2014

Verified Purchase

Because it is collection of photocopies it is difficult to read. At this price it should have been possible to offer it with readable print. Otherwise the substance is important contribution.

Helpful

Geoff Colton

An important book for both academics and business people

Reviewed in the United States on July 12, 2009

In Dynamic Capabilities author David Teece (with contributions from Mie Augier) successfully brings the study of the firm into the modern era. Drawing extensively on older theories to describe and analyze business economics, Teece explains why these theories are not able to explain fully how businesses succeed or fail in a time of rapid technological innovation, knowledge-based industries, changing customer demands and multinational competition. The author is both descriptive and prescriptive as he outlines how entrepreneurial management is the key to achieving an adequate return - management that is able to sense changes in the economic environment, seize the opportunities those changes present, and, by orchestrating the tangible and especially intangible assets available both inside and outside the firm, exploit market opportunities. Teece ably explains why a business that merely responds to the current market, even if it does so superbly, will ultimately fail unless it is capable of change. Thus the dynamic capabilities of management and business structures responsive to change become the chief determinants of which businesses will succeed and grow and which will not.

Though academic in style, and a useful text for the student of business economics, the book is written to be accessible to practitioners of management as well. The businessman whose MBA certificate is yellowing in its frame will have no trouble understanding it. Indeed, it should be must reading for anyone running, investing in or serving as a director of any business, large or small. Firms which lack such dynamic capabilities will survive only if they develop or acquire them.

Teece further develops his thesis in the later chapters of the book with the implications for businesses highly dependent on exceptional talent, and the public policy implications of dynamic capabilities as a key determinant of market domination. As with the rest of the book, these chapters are thought-provoking and useful guides for both thinking about business and making decisions that will make a difference.

7 people found this helpful

Helpful

Darwing

Four Stars

Reviewed in the United States on February 13, 2017

Verified Purchase

Great book, a different perspective of sustainable competitive advantage. It isvery relevant and applicable to today's business environment.

Helpful

Gerard Kroese

Building and understanding the dynamic capabilities framework

Reviewed in the United States on December 30, 2010

David J. Teece is a Chaired Professor at the University of California Berkeley, where he was the Director of the Institute of Management, Innovation and Organization. He is the author and co-author of numerous articles and books. Teece is supported by Stanford University Fellow Mie Augier. This book was published in 2009, is split into 3 parts, consisting of 1-to-5 chapters, plus a preface.

Teece explains in the preface that "Strategic management is about the major decisions and investments needed to achieve the goals of the enterprises ...". He continues in Chapter 1 that the ambition of the dynamic capabilities framework is nothing less than to explain the sources of enterprise-level competitive advantage over time. "... dynamic capabilities can be disaggregated into the capacity (1) to sense and shape opportunities and threats, (2) to seize opportunities, and (3) to maintain competitiveness through enhancing, combining, protecting, and when, necessary, reconfiguring the business enterprise's intangible and tangible assets." Each of these are discussed in detail together with the microfoundations, such as the distinct skills, processes, procedures, organizational structures, decision rules, and disciplines, undergirding them. The other 4 chapters within Part 1 focus on further exploration of dynamic capabilities, from the (entrepreneurial) role of the manager, via the foundations and resources through to the impact on the multinational enterprise. The other 2 parts takes a high-level view of the business enterprise in the economy with Part II looking at the business enterprise in economic development and Part III focusing on the nature of competition during rapid technological change.

Yes, I do like this book. This book is quite academically written and therefore not that easy to read. I did enjoy the 5 chapters within Part I better than the chapters within Parts II and III as they are more practical, more 'down-to-earth' and provide good guidance for managers and professionals. David Teece does show with this book again his reputable position within the field of strategic management. The book is also recommended to MBA and strategy students.

2 people found this helpful

Helpful

Top reviews from other countries

Translate all reviews to English

David

Outstanding!

Reviewed in Canada on May 3, 2016

Verified Purchase

A must read for those interested in learning about modern strategic organization.

Mr. Martin Njihia

Five Stars

Reviewed in the United Kingdom on February 11, 2015

Verified Purchase

GOOD BOOK

富田修二

日本企業のビジネス、IT のグローバル化には必須の著作

Reviewed in Japan on August 5, 2014

Verified Purchase

１９９０年代後半の著者であるが、ビジネスにinnovationをもたらすための幅広い検討に
極めて有益です。特に、市場動向に合わせたサービス提供には、社内のR&D 機能を棚卸しをおこない、
外部のリソースも活用すること、Cash Cow のある間に、ビジネスを変革することを強く進める。
最近、ITでのCapabilityを高め、ビジネスにInnovationをもたらすFrame Work にこの考えが採用された。

Translate review to English

Jamie Macgregor

Great summary of the work around dynamic capabilities

Reviewed in the United Kingdom on July 12, 2013

Verified Purchase

Although to a layman, some of the book may be quite hard going, the content is excellent and contains lots of dimensions against which to think about innovation, the market environment, and capabilities.

One person found this helpful

See more reviews

Image Unavailable

Follow the author