Industrial and Corporate Change
(academic journal)
Industrial and Corporate Change (ICC) is an academic, peer-reviewed, journal published six times a year by Oxford University Press that seeks to accommodate the interests of scholars, policymakers, and managers who are both active researchers and practitioners on issues of industrial and corporate change, particularly with regard to innovation, organization, industrial change, and corporate management. Applying a variety of methodological approaches – statistical and historical analysis, mathematical modeling and computer simulations, case studies, and appreciative theorizing – ICC authors offer novel contributions to the understanding of technological change, organizational processes, and organizational structures.
Founded in 1992, Industrial and Corporate Change is sponsored by the Institute for Business Innovation (IBI) at the Haas School of Business, University of California, Berkeley, in collaboration with the ICCAssociazione, Milan, Italy, and its publisher Oxford University Press. IBI coordinates ICC operations and implements the directives and policies of ICC Editors who are located in Italy, United Kingdom, United States, Sweden and Switzerland. It is backed by an illustrious board of Scientific Committee and Associate Editor members, including Nobel laureates Kenneth Arrow, Oliver E. Williamson, and Joseph E. Stiglitz. Since 1998 ICC has widened its programmatic net to include contributions from organization theory, experimental economics, economic sociology, and economic anthropology. More recently ICC has emphasized East Asia and South Asia economics regions by welcoming contributions from those regions and sponsoring special issues on related regional themes, while bringing on board scholars on East and Southeast Asia.
Many of the special issues of Industrial and Corporate Change have been turned into books published by Oxford University Press. In addition, ICC has brought out a collection of classics from its first decade of publication Understanding Industrial and Corporate Change (Oxford University Press, 2005) while Shanghai Peoples Press provided a 2007 Chinese translation of Technology, Organization and Competitiveness (Oxford University Press, 1998). ICC further intends to produce a volume marking its first twenty-five years of expanding operation (1992-2017).
The Richard R. Nelson Prize is awarded every two years for the best article, alternatively, in the academic journals Industrial and Corporate Change (Oxford University Press) and Research Policy (Sage) Representatives from the Editors of both journals act as judges for the best article with a tilt toward younger scholars. At the present time the award includes a prize of $3,000 and all expenses toward attending the Nelson Award Prize Dinner to be held at the University of California, Berkeley. The choice of journals reflects Professor Richard R. Nelson’s favorites in the scholarly fields to which he has made major contributions.
The Richard R. Nelson Prize for 2018 has been awarded to Professors Chiara Franzoni and Henry Sauermann for their article “Crowd Science: The Organization of Scientific Research in Open Collaborative Projects” published in Research Policy, 43 (2014). Professors Franzoni’s and Sauermann’s article was selected by the Editors of Industrial and Corporate Change from a list of final candidates provided by the Editors of Research Policy.
Books
Henry Chesbrough
Dr. Henry Chesbrough is a professor at the Haas Business School, UC Berkeley, and executive director for The Center for Open Innovation, which focuses on conducting research, publishing articles and developing teaching materials around open innovation. He created the theory and coined the term “open innovation” and his insights into open innovation models have restructured the world of research and development and created new landscapes of business development and innovation strategy.
David Teece
David J. Teece is a Distinguished Scholar of Strategy and Innovation at the University of South Florida, and Professor of the Graduate School at the University of California, Berkeley. He is also the director of the Center for Global Strategy and Governance and faculty director of the school’s Institute for Business Innovation. He is the author of over 30 books and 200 scholarly papers and co-editor of the Palgrave Encyclopedia of Strategic Management. Dr. Teece has received seven honorary doctorates and has been recognized by Royal Honors.
Articles
Teece, David J., Understanding Dynamic Competition: New Perspectives on Potential Competition, “Monopoly,” and Market Power, Antitrust Law Journal (May 22, 2025), https://www.americanbar.org/groups/antitrust_law/resources/journal/86-3/understanding-dynamic-competition/
Gönenç Gürkaynak, David J Teece, Integrating innovation concepts into the merger control context, Journal of European Competition Law & Practice, 2025;, lpaf039, https://doi.org/10.1093/jeclap/lpaf039
“Profiting from Technological Innovation,” Research Policy 15:6 (December 1986), 285– 305. (Selected by the editors as one of the best papers published by Research Policy over the period 1971–1991. Noted in 1999 as the most cited paper ever published in Research Policy.)
“Reflections on ‘Profiting from Innovation,’” Research Policy 35:8 (December 2006), 1131–1146.
“The Role of Managers, Entrepreneurs and the Literati in Enterprise Performance and Economic Growth,” International Journal of Technological Learning, Innovation, and Development 1:1 (2007), 43–64.
“Innovation Spillovers and the ‘Dirt Road’ Fallacy: The Intellectual Bankruptcy of Banning Optional Transactions for Enhanced Delivery Over the Internet” (with J. Gregory Sidak), Journal of Competition Law & Economics 6 (2010).
“Business Models, Business Strategy and Innovation,” Long Range Planning (Amsterdam: Elsevier Science) 43 (2010), 172–194. Reprinted in “Crafting and Executing Strategy,” Thompson, Peteraf, and Strickland (eds.); Irwin/McGraw-Hill (2011).
“Dynamic Capabilities: A Guide for Managers,” Ivey Business Journal (2011).
“Achieving Integration of the Business School Curriculum Using the Dynamic Capabilities Framework,” Journal of Management Development 30:5 (2011), 499–518.
“Innovation in Multi-Invention Contexts: Mapping Solutions to Technological and Intellectual Property Complexity,” (with Deepak Somaya and Simon Wakeman) California Management Review 53:4 (Summer 2011), 47–49.
“Next Generation Competition: New Concepts for Understanding How Innovation Shapes Competition and Policy in the Digital Economy,” Journal of Law, Economics and Policy 9:1 (2012).
“A Dynamic Capabilities-Based Entrepreneurial Theory of the Multinational Enterprise,” Journal of International Business Studies 45:1 (2014).
“Dynamic Capabilities in the Upstream Oil and Gas Sector: Managing Next Generation Competition” (with Amy Shuen and Paul Feiler), Energy Strategy Reviews 3 (2014), 5–13.
“Profiting from Innovation in the Digital Economy,” Research Policy (2018).
“When should incumbent consumer goods producers ally with digital platforms?” Charles Baden-Fuller, John Blair, and David Teece. California Management Review, vol. 67, no. 2, 24 Jan. 2025, pp. 141–163. [Publisher]
“Adapting, shaping, evolving: Refocusing on the dynamic capabilities–environment nexus.” Matteo Cristofaro, Constance E. Helfat and David J. Teece. Academy of Management Collections, vol. 4, no. 1, 26 Feb. 2025, pp. 20–46. [Publisher]
Books and Monographs
Dynamic Capabilities and Strategic Management: Organizing for Innovation and Growth, Oxford University Press (2009). Second edition (2011). Second edition with new preface (2011). Japanese translation (2012).
Management Innovation: Essays in the Spirit of Alfred D. Chandler Jr., William Lazonick and David J. Teece (eds.), Oxford: Oxford University Press (2012).
Contributions
“Human Capital, Capabilities, and the Firm: Literati, Numerati, and Entrepreneurs in the Twenty-First Century Enterprise,” Oxford Handbook on Human Capital, Alan Burton-Jones and J.C. Spender (eds.) (2011).
“Dynamic Capabilities,” Sage Encyclopedia of Management Theory (2011).
“Management and Governance of the Business Enterprise: Agency, Contracting, and Capabilities Perspectives,” Oxford Handbook of Capitalism, Dennis Mueller (ed.) (2012).
Additional Books
Vertical Integration and Vertical Divestiture in the US Oil Industry, Stanford: Stanford University Institute for Energy Studies (1976). [Google Books]
The Multinational Corporation and the Resource Cost of International Technology Transfer, Cambridge, MA: Ballinger (1976). [Google Books]
R&D in Energy: Implications of Petroleum Industry Reorganization (ed.), Stanford: Stanford University Institute for Energy Studies (1977).
Technology Transfer, Productivity and Economic Policy (with E. Mansfield et al.), New York: W.W. Norton (1982). [Google Books]
OPEC Behavior and World Oil Prices (with James Griffin), London: Allen & Unwin (1982). [Google Books]
The Competitive Challenge: Strategies for Industrial Innovation and Renewal (ed.), New York: Harper & Row, Ballinger Division (1987). [Google Books]
Antitrust, Innovation, and Competitiveness, Thomas M. Jorde and David J. Teece (eds.), Oxford: Oxford University Press (1992). [Google Books]
Fundamental Issues in Strategy: A Research Agenda, Richard P. Rumelt, Dan E. Schendel, and David J. Teece (eds.), Boston: Harvard Business School Press (1994). [Google Books]
Economic Performance and the Theory of the Firm: The Selected Papers of David Teece, Volume 1, London: Edward Elgar Publishing (1998). [Google Books]
Strategy, Technology and Public Policy: The Selected Papers of David Teece, Volume 2, London: Edward Elgar Publishing (1998).
Technology, Organization, and Competitiveness: Perspectives on Industrial and Corporate Change. Giovanni Dosi, David J. Teece, and Josef Chytry (eds.), Oxford: Oxford University Press (1998). [Publisher] [Google Books]
Firms, Markets, and Hierarchies: The Transaction Cost Economics Perspectives. Glenn R. Carroll and David J. Teece (eds.), New York: Oxford University Press (1999). [Google Books]
Managing Intellectual Capital: Organizational, Strategic, and Policy Dimensions, Oxford: Oxford University Press (2000). [Google Books]
Managing Industrial Knowledge, Ikujiro Nonaka and David J. Teece (eds.), London: Sage Publications (2001). [Google Books]
Essays in Technology Management and Policy, World Scientific Publishing (2003). [Publisher] [Google Books]
Understanding Industrial and Corporate Change, Giovanni Dosi, David J. Teece, and Josef Chytry (eds.), Oxford: Oxford University Press (2005). [Google Book]
Dynamic Capabilities: Understanding Strategic Change in Organizations, Constance F. Helfat, Sydney Finkelstein, Will Mitchell, Margaret A. Peteraf, Harbir Singh, David J. Teece, and Sidney G. Winter, Oxford: Blackwell (2007). [Google Books]
The Transfer and Licensing of Know-How and Intellectual Property: Understanding the Multinational Enterprise in the Modern World, World Scientific Publishing (2007). [Google Books]
Technological Know-How, Organizational Capabilities and Strategic Management, World Scientific Publishing (2007). [Google Books]
Fundamentals of Business Strategy, Six Volume Set, Mie Augier and David J. Teece (eds.), Sage Publications (2008). [Google Books]
Dynamic Capabilities and Strategic Management: Organizing for Innovation and Growth, Oxford University Press (2009). Japanese translation. [Publisher] [Google Books]
Competing Through Innovation: Technology Strategy and Antitrust Policies, Edward Elgar Publishing (2013). [Publisher] [Google Books]
Toby Stuart
Toby E. Stuart is the Leo Helzel Distinguished Professor of Business Administration at the Haas School of Business, UC Berkeley. He is Faculty Director of the Berkeley-Haas Entrepreneurship Program; Faculty Director of the Institute for Business Innovation; and Distinguished Teaching Fellow. Previously, Stuart was Charles Edward Wilson Professor at Harvard Business School; Art Samberg Professor and Faculty Director of the Lang Center for Entrepreneurship at Columbia University’s Business School; and Fred Steingraber-A.T. Kearney Professor of Leadership & Strategy at University of Chicago’s Booth School of Business. He received his Ph.D. from the Graduate School of Business, Stanford University. He holds an A.B., summa cum laude, in economics from Carleton College.
Publications
Tulenam Laloo
Tulenam Laloo deploys open innovation projects in India with startups, corporations and governments. As a Center for Growth Markets Fellow, he collaborates with industry leaders and startups to promote new strategies for improving tourism and hospitality centric businesses. He helped to execute a Berkeley Haas initiative for Smart Villages using technology and market centric business models to address gaps in growth economies in areas like tourism, healthcare, and infrastructure.
The initiative has gained traction and recognition in several platforms like the World Economic Forum, World Open Innovation Conference, G20, Asian Productivity Organisation, NASSCOM, business media, etc. In his tenure, several new tech projects went on ground-initiating pilots for Asia’s first healthcare drone hub, AI for mass population screening, sustainable construction models and marine robotics for managing tourist destinations. The initiative is gaining traction in Asian countries to help drive productivity in several sectors across developing markets. He is the Founder of Rodeka Innovations, a venture pioneering unique tourism experiences through technology and diverse innovations for emerging destinations.
