STR Distinguished Scholarship Award 2024

The Strategic Management Division (STR) of the Academy of Management has selected David Teece as the 2024 recipient of the Distinguished Scholarship Award.

The STR bestows the award biannually for a discovery of major importance in strategic management. The award recognizes an individual or individuals who have either made a specific theoretical or empirical discovery or have developed a core set of ideas that fundamentally advanced research and understanding in the field of strategic management.

In choosing among the nominees, the Awards Committee assesses how the development of the field would have differed if it did not have the benefit of the contribution. The intent is to recognize contributions that altered the development of the field.

Sidney G. Winter, Charles Baden-Fuller, Jay Barney, Henry Chesbrough, Nicholas S. Argyres, and Constance Helfat recognized Dr. Teece in a video tribute. Watch the video.

In conveying this award, the STR Division Awards Committee noted that in addition to his groundbreaking work on dynamic capabilities and their role in sustained competitive advantage, Professor Teece has made remarkable contributions in multiple areas, including the theory of the firm and how firms organize and create value, especially in the multinational context and in uncertain environments. He has been a pioneer in the study of value creation and appropriation by innovative firms, and his research straddles across a range of levels from within-firm knowledge transfer to the foundations of firm and national competitiveness. Furthermore, he has revisited his seminal contributions over the years, repeatedly deepening his thoughts and opening new boundaries for future generations of scholars.

In summary, the committee highlighted that Professor Teece has been an exceptional engine of progress for the field of strategic management.