Dynamic Capabilities and Strategic Management

John Kay, Fellow of St John's College, Oxford, and author of The Truth about Markets David Teece's concept of dynamic capabilities integrates the resource-based theory of the firm with an evolutionary view of economic processes. This important book combines theoretical insight with practical advice for both managers and policy makers.

Constance E. Helfat, J. Brian Quinn Professor in Technology and Strategy, Tuck School of Business at Dartmouth Teece's authoritative work on dynamic capabilities has important implications for strategic management, as well as for organization studies, economics, innovation policy, and antitrust law. Scholars and practitioners in a broad range of areas will find this book to be an invaluable reference and source of new ideas.

<br>David J. Teece is Chaired Professor of Haas Business School at the University of California, Berkeley. He has been included on the "A-List of Management Academics 2011" by Business Educators, an orgazination which seeks to facilitate collaborations between business academics and professionals.<br>

Preface; PART I: DYNAMIC CAPABILITIES; 1. The Nature and Microfoundations of (Sustainable) Enterprise Performance; 2. 1. The (Entrepreneurial) Function of the Manager in a Developed Market Economy; 3. The Foundations of Dynamic Capabilities; 4. Resources, Capabilities, and Penrose Effects; 5. Dynamic Capabilities and the Essence of Multinational Enterprise; PART II: THE BUSINESS ENTERPRISE IN ECONOMIC DEVELOPMENT; 6. The Role of Management, Enterprise, and Technology in the Wealth of Nations; 7. Managers, Entrepreneurs and the Literati in Economic Development; PART III: COMPETITION POLICY; 8. 1. The Nature of Competition in Regimes of Rapid Technological Change