Dynamic Capabilities with David Teece

This mini-episode was created with AI tools. Utilizing Professor David Teece's published works, Steve Outtrim of aiLevelUp facilitated the generation of a brief review of the dynamic capabilities framework narrated by a virtual "SudoDavid." Here, SudoDavid discusses the historical origins of dynamic capabilities as a shift in understanding on competitive advantage, the three key pillars of the framework: sensing, seizing, and transforming*, and practical applications for managers.Listen and explore what AI tools can produce as of September 2025.(*Of note, the AI tools replaced the term "transforming" with "reconfiguring" as the third pillar of dynamic capabilities in this episode.)To learn more about the concepts discussed in this episode, here are some links to foundational readings by Professor Teece.Dynamic Capabilities and Strategic Management (with Gary Pisano and Amy Shuen), Strategic Management Journal 18:7 (August 1997), 509–533. https://doi.org/10.1002/(SICI)1097-0266(199708)18:7%3C509::AID-SMJ882%3E3.0.CO;2-ZDynamic Capabilities and Organizational Agility: Risk, Uncertainty, and Strategy in the Innovation Economy. With Margaret Peteraf and Sohvi Leih. California Management Review, August 1, 2016, Volume 58, Issue 4, https://doi.org/10.1525/cmr.2016.58.4.13Profiting from Technological Innovation: Implications for integration, collaboration, licensing and public policy, Research Policy 15:6 (December 1986), 285– 305, https://doi.org/10.1016/0048-7333(86)90027-2 (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, Volume 35, Issue 8, 2006, Pages 1131-1146, ISSN 0048-7333, https://doi.org/10.1016/j.respol.2006.09.009

This episode is part of the series Dynamic Capabilities for Success with Professor David Teece. In this recorded lecture series, ⁠Professor David Teece⁠ offers world-leading insights about the dynamic capabilities framework, readily applicable to achieving success in leadership, strategy, entrepreneurship, and management.To learn more about the concepts discussed in this episode, here are some links to foundational readings by Professor Teece:"Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance," Strategic Management Journal, August 7, 2007, ⁠https://doi.org/10.1002/smj.640⁠"The foundations of enterprise performance: Dynamic and ordinary capabilities in an (economic) theory of firms." The Academy of Management Perspectives, 28(4), 328–352. ⁠https://doi.org/10.5465/amp.2013.0116⁠ "Dynamic Capabilities and Organizational Agility: Risk, Uncertainty, and Strategy in the Innovation Economy." With Margaret Peteraf and Sohvi Leih. California Management Review, August 1, 2016, Volume 58, Issue 4, ⁠https://doi.org/10.1525/cmr.2016.58.4.13