Berkeley Research Group
|This article needs additional citations for verification. (May 2013)|
|Type||Limited liability company|
|Founded||Emeryville, California, Chicago, Illinois (2010)|
|Headquarters||Emeryville, California, U.S.|
|Key people||David Teece (Chairman)
David Kaplan (Vice chairman/Executive director)
Tri MacDonald (President/COO)
Philip Rowley (Executive director)
Kimberly Starr (CFO)
Marvin Tenenbaum (General counsel)
Litigation and regulatory support
Document and data analytics
|Employees||635 (February 2014)|
Berkeley Research Group, LLC (BRG) is a global expert services and consulting firm that provides advisory services, expert testimony, litigation and regulatory support, and data analytics to governments, law firms, Fortune 500 corporations, and regulatory bodies around the world.
BRG was co-founded in February 2010 by a group including Dr. David Teece, who serves as its chairman and principal executive officer. Teece is a researcher, consultant, and professor in the fields of corporate strategy, innovation, and competition policy.
BRG's first offices were located in Emeryville, just west of Berkeley in the San Francisco Bay Area, and Chicago, Illinois, with subsequent offices established shortly thereafter in College Station, Texas, and Washington, DC.
BRG’s expertise spans economics and finance, data analysis and statistics, and public policy in major sectors of national and global economy, including healthcare, intellectual property, information technology, electronic discovery, higher education, construction, government contracts, and real estate. Major practice areas include:
BRG offers healthcare and life sciences industry expertise and focuses on investigation, litigation, dispute resolution, and regulatory compliance. BRG assists in the identification, collection, conversion, and analysis of electronic data.
In January 2011, the California Institute for Regenerative Medicine (CIRM), a state agency created by voters with Proposition 71, the California Stem Cell Research and Cures Act, released an independent economic impact study authored by BRG Director Jose Alberro. The report showed that the first $1.1 billion in grants created 25,000 job years and $200 million in new tax revenue through 2014. Taxpayer funding generates 2,739 jobs annually.
BRG Director Leonard Waverman’s current research is on the growth and productivity impacts of the rollout of telecommunications and computers. His analysis of the impacts of mobile phone rollout on growth in Africa was the subject of an “Economic Focus” section of the Economist and a special report in 2009.
BRG Special Advisor Dr. Laura D’Andrea Tyson and directors Dr. Kenneth Serwin and Dr. Eric Drabkin performed “The Benefits for the U.S. Economy of a Temporary Tax Reduction on the Repatriation of Foreign Subsidiary Earnings,” a 2011 economic study commissioned by the New America Foundation. The study assessed the effects of a one-time reduction in the tax rate applied to the repatriation of foreign subsidiary earnings on spending, output, and employment in the U.S. economy. The study found that a temporary reduction to approximately 5.25 percent would lead to a significant increase in repatriations, making $942 billion available for domestic use by U.S. multinational corporations.
In 2013, the same authors published “Implications of a Switch to a Territorial Tax System in the United States: A Critical Comparison to the Current System."  Citizens for Tax Justice wrote that the study “flies in the face of overwhelming evidence that today many of these profits are really earned in the U.S. but characterized as ‘offshore’ in order to obtain existing tax benefits that would be expanded under a territorial system.”
BRG experts include academics, business leaders, and former government officials, such as:
- Tom Campbell, a former five-term Republican United States Congressman and current dean of the Chapman University School of Law.
- H. David Kotz, former Inspector General of the U.S. Securities and Exchange Commission.
- Carl Schramm, University Professor at Syracuse University and former president and CEO of the Kauffman Foundation.
- David Teece, the Thomas W. Tusher Chair in Global Business and director of the Institute for Business Innovation at the Walter A. Haas School of Business at the University of California, Berkeley.
- Laura Tyson, former Chair of the President's Council of Economic Advisers and one of the country’s leading experts on the U.S. economy, who acts as a special advisor to BRG. Dr. Tyson is a member of President Barack Obama’s Council on Jobs and Competitiveness.
- Leonard Waverman, dean of McMaster University’s DeGroote School of Business and creator of the Connectivity Scorecard, an annual index that ranked countries according to how advanced their communications networks were in promoting productivity and economic growth.
BRG publishes the BRG Review, a semi-annual journal featuring original research and analysis by BRG expert consultants. The first issue of the review (winter 2011) included a paper on control premiums, minority interest discounts, and the fair market value standard; and a case study on the impact of health reform on a pharmaceutical company. The second issue (fall 2011) included papers on the role of the economic expert in the banking and investment disputes following the subprime crisis; and the economic impact of research funded by the California Institute for Regenerative Medicine. The most recent issue featured two case studies from BRG’s Labor and Employment practice.
BRG Chairman David Teece was named among the 2011 A-List of Management Academics, an honorary group of 30 of the most accomplished and distinguished professors in U.S. academia.
Teece was also the lead author on the most cited article in economics and business worldwide for the decade of 1995 to 2005 (“Dynamic Capabilities and Strategic Management,” in Strategic Management Journal). He is one of the top 10 most cited scholars for that decade. His 1986 “Profiting from Technology Innovation,” in Research Policy, is the most widely cited business article in that journal’s history.
At the CFA Institute’s May 2012 Board of Governor’s meeting, the board accepted and approved appointments of new incoming and continuing members to serve on its Disciplinary Review Committee, a volunteer committee responsible for the enforcement of the CFA Institute Code of Ethics and Standards of Professional Conduct. BRG Principal James Conversano is a 2012 incoming appointee.
Global Competition Review ranked BRG among the top 20 competition economics firms in the world in Economics 20, GCR’s assessment of the world’s leading economic consultancies, in both 2012  and 2013.
Charles H. Ferguson, author of Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America, criticized large academic regulatory consulting firms such as "Berkeley Research Group, the Analysis Group, the Brattle Group, Criterion, Compass Lexecon, and Charles River Associates" for focusing primarily "on helping companies avoid or influence legislation, public debate, regulation, prosecution, class-action lawsuits, antitrust judgments, and taxes.”
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- "CIRM Generating 25,000 Jobs and $200 million in Taxes for California with Grants Awarded So Far—with More to Come". California Institute for Regenerative Medicine. 2011-01-26. Retrieved 2012-07-09.
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- Waverman, Leonard; Meschi, Meloria; Fuss, Melvyn (March 2005). "The Impact of Telecoms on Economic Growth in Developing Countries—Africa: The Impact of Mobile Phones" (PDF). Vodafone Policy Paper Series (Vodafone) 2: 10–23. Retrieved 2012-07-09.
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- Tyson, Laura D'Andrea; Serwin, Kenneth; Drabkin, Eric J. (Fall 2011). "The Benefits for the U.S. Economy of a Temporary Tax Reduction on the Repatriation of Foreign Subsidiary Earnings". Berkeley Research Group. Retrieved 2012-07-09.
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- McKinnon, John (2013-11-08). "Study: Tax Change Could Bring $1 Trillion Back to U.S.". Wall Street Journal. Retrieved 2013-11-20.
- French, Lauren (2013-11-11). "Happening this week: Tax talks and a potentially key meeting — Forget the grand bargain". Politico. Retrieved 2013-11-20.
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