Teece's Frameworks

Teece's frameworks focus on how firms develop and sustain competitive advantages through their assets, capabilities, and strategies. He emphasizes the importance of dynamic capabilities—an organization's ability to adapt, innovate, and reconfigure resources in response to changing markets. These frameworks help explain why some companies succeed over time by continuously evolving and leveraging their unique strengths, while others falter. In essence, Teece’s work highlights that strategic management involves not just possessing resources, but also being agile enough to re-align them effectively in a dynamic environment.