David J. Teece is Professor of Business Administration and Director of the Institute of Management, Innovation, and Organization at the University of California at Berkeley. Previous positions have included Director, Center for Research in Management (CRM), University of California at Berkeley, and Visiting Fellow at St Catherine's College, Oxford. In 1998 he presented the Clarendon Lectures in Management Studies at Oxford and in 1999 was awarded the Andersen Consulting Award.