David Teece has been selected as a Citation Laureate for economics for his pioneering research on entrepreneurship, innovation, and competition. The honor is awarded by the Institute for Scientific Information at Clarivate, the analytics company that operates the citation index Web of Science. This distinction goes to researchers whose work has been deemed “Nobel Class” by being among the most highly cited, and thus influential, in their fields.
Citation Laureate candidates are selected from the authors of the 0.01 percent of studies that have been cited more than 2,000 times. Because the Nobel Prizes in scientific disciplines are awarded to researchers who have exceptionally high impacts on their fields, such citation rates are often good leading indicators of future winners. Since the award’s creation in 2002, fifty-four Citation Laureates have gone on to receive a Nobel Prize.