COURSE NUMBER: MBA 296-1

COURSE TITLE: Dynamic Capabilities and Innovation

UNITS OF CREDIT: 2 Units

MEETING DATES/TIMES: Course will meet the first 10 weeks of the semester.

INSTRUCTOR: David Teece

E-MAIL ADDRESS: teece@haas.berkeley.edu

PREREQUISITE(S): None

CLASS FORMAT: Mixture

REQUIRED READINGS: Course reader

BASIS FOR FINAL GRADE:

• Mid-term Exam 35%
• Final paper 45%   (Due at the end of the course)
• Class participation 20%

ABSTRACT OF COURSE'S CONTENT AND OBJECTIVES:
This is a course in strategic management. It draws on a variety of disciplines and attempts to integrate them in the fashion that will generate key insights into how technology can be developed and managed. It draws unapologetically from the instructors own scholarly writings and experiences as a scholar, entrepreneur, and CEO and advisor to Fortune 100 CEO’s.

The development, protection, utilization, and transfer of intangible assets lie at the core of wealth creation in today’s global economy. This course is designed to help students acquire and practice strategy concepts and skills that are relevant to management in a technologically dynamic environment where difficult to replicate intangible assets and dynamic capabilities are the lynchpin of competitiveness.

The course ought to be of assistance to those interested in working for either large or small firms in technologically progressive industries, as well as those wishing to understand how mature industries can create and respond to innovation.  The course is more about intrapreneurship than entrepreneurship, although it embraces both.

This course will help you appreciate the importance of intangible assets, strategy, dynamic capabilities and understand how firms manage under deep uncertainty whether technologically induced, or induced by capital market suppress (black swans) or political shacks:

• Sense and seize opportunities
• Marry capabilities and strategy
• Generate technological innovation and capture value
• Access external technological innovation
• Utilize the tools of intellectual property
• Manage star talent
• Invent new business models
• Develop strategies for commercializing technology
• Win in the marketplace time and again

BIOGRAPHICAL SKETCH:  
David Teeceis the Tusher Professor in Global Business and the Director of the Tusher Center on Intellectual Capital at the Haas School of Business at the University of California, Berkeley.  He is also Founder and Chairman of Berkeley Research Group, LLC (‘BRG’), for which he also consults. Berkeley Research Group is the second professional services company Dr. Teece has founded. The first, LECG, went public first on the NYSE and subsequently on the NASDAQ.

David Teece is also the lead author of the most cited paper in the scientific journals, economics and business combined, 1995-2005.  Teece is ranked number 10 in citations worldwide in economics and business by Science Watch (Thomson Reuters).  He has a Google Scholar count of over 75,000.

David has served as an expert witness in numerous courts, administrative bodies and tribunals in the U.S., Canada, Australia, New Zealand, and Europe.  He has testified on matters involving antitrust, competition policy, FRAND, and intellectual property damages.  He is a special advisor to the CEO of one of Silicon Valley’s most storied enterprises.

David has also been recognized with 4 honorary doctorates, is on the Accenture list of the Top 50 Living Business Intellectuals, the 2002 Viipuri International Prize in Strategic (Technology) Management and Business Economics, and the 2003 Strategic Management Journal Best Paper Award, the Eminent Scholar Award from the Academy of International Business 2013.  In 2013 he also received Royal Honours as a companion of the order of New Zealand.  He is a fellow of the Strategic Management Society and the Academy of International Business.