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Dynamic Capabilities with David Teece

David J. Teece
Dynamic Capabilities
Innovation
Dynamic Competition
Capabilities
Competition Policy
Entrepreneurship
Digital Economy
Aerospace and Defense
Competitive Advantage
Intangible Assets
OECD
Business Models
Strategic Management
Ordinary Capabilities
Strategy
Sensing
Seizing
Transforming
Economics
Amazon

This podcast features insights on leadership, management, business, and entrepreneurship from Professor David J. Teece, readily applicable for professionals, researchers, and students at every level. Professor Teece pioneered the dynamic capabilities perspective, defined as “the ability to integrate, build, and reconfigure internal and external competencies to address rapidly changing environments... more

PublishesDailyEpisodes34Foundeda year ago
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Artwork for Dynamic Capabilities

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This episode (Lecture 10 Part 2) was the final class session in the live online 2021 Berkeley Haas MBA course, "Introduction to Dynamic Capabilities and Related Paradigms" taught by Professor David Teece (EWMBA 273.1).

For more information about Pr... more

This episode (Lecture 10 Part 1) was a class session in the live online 2021 Berkeley Haas MBA course, "Introduction to Dynamic Capabilities and Related Paradigms" taught by Professor David Teece (EWMBA 273.1).

For more information about Professor ... more

This episode (Lecture 9 Part 2) was a class session in the live online 2021 Berkeley Haas MBA course, "Introduction to Dynamic Capabilities and Related Paradigms" taught by Professor David Teece (EWMBA 273.1).

For more information about Professor D... more

This episode (Lecture 9 Part 1) was a class session in the live online 2021 Berkeley Haas MBA course, "Introduction to Dynamic Capabilities and Related Paradigms" taught by Professor David Teece (EWMBA 273.1). Brian Hinman, an auto intellectual prope... more

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Recent Guests

Kareem Shablin
Guest lecturer focusing on China and global EV/tech investments
Episode: MBA Course Lecture 8 Part 1 - Intro to Dynamic Capabilities with David Teece
Charles O'Reilly
Professor from Stanford; author of Ambidexterity work and Lead and Disrupt
Stanford University
Episode: MBA Course Lecture 7 Part 1 - Intro to Dynamic Capabilities with David Teece
David Holm
Test engineering manager at a small battery startup
Qbert (Emeryville)
Episode: MBA Course Lecture 4 Part 1 - Intro to Dynamic Capabilities with David Teece
David Teece
Executive Chairman of BRG
Berkeley Research Group (BRG)
Episode: Dynamic Competition: Why Innovation Needs to Shape and Drive Modern Markets

Host

David J. Teece
Professor and host specializing in dynamic capabilities, strategy, and innovation; affiliated with the University of California, Berkeley.

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MBA Course Lecture 4 Part 1 - Intro to Dynamic Capabilities with David Teece
Q: Power steering was discussed as an autonomous innovation that can trigger further systemic changes; what implications does that have for a company deciding where to invest?
Investing in autonomous innovations can create stepwise improvements and set the stage for broader system-level shifts, but anticipating and planning for the complementary innovations is crucial to capture full value.
MBA Course Lecture 4 Part 1 - Intro to Dynamic Capabilities with David Teece
Q: So in triple-entry bookkeeping, would a startup be able to secure financing by presenting this as a new kind of asset on the balance sheet?
Yes, it could provide a more robust and informative view of the company's value drivers beyond conventional assets, potentially aiding bankers, though adoption is limited and would require credible methodology and verification.
Dynamic Competition: Why Innovation Needs to Shape and Drive Modern Markets
Q: Hi David, why is the issue of dynamic competition resurfacing now and why is it important beyond price competition?
Because products are increasingly differentiated and the main driver of value is innovation, quality, and the ability to adapt, not just price. Regulators need to account for potential entrants and complementary innovations that can reshape markets.
MBA Course Lecture 3 Part 2 - Intro to Dynamic Capabilities with David Teece
Q: What are some ways to resolve difficulties around measuring intangible assets?
A practical approach is to use Tobin's Q as a first-look indicator, complemented by qualitative assessments of a company's intangibles such as brand, relationships, and knowledge assets to understand potential future value.
MBA Course Lecture 6 Part 2 - Intro to Dynamic Capabilities with David Teece
Q: What metrics exist to measure sensing and sense-making within Dynamic Capabilities, if any?
There are no universal bright-line tests; some operational KPIs exist, but the framework emphasizes priorities and the trade-offs, with a focus on what to say yes to and what to say no to, rather than a strict cookbook of metrics.

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Frequently Asked Questions About Dynamic Capabilities

What is Dynamic Capabilities about and what kind of topics does it cover?

This series centers on high-level strategy, leadership, and the evolution of competitive advantage through the lens of dynamic capabilities. Episodes explore how organizations sense opportunities and threats, seize opportunities with agile resource mobilization, and continuously transform themselves to stay ahead in fast-changing markets. Across conversations with practitioners and academics, the host connects theory to real-world practices—highlighting adjustments to business models, governance, and incentives that enable sustained renewal in technology-driven and innovation-intensive environments. Notable threads include the balance between efficiency and adaptability, the role of intellectual property and entrepreneurship, and how large ... more

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Dynamic Capabilities launched a year ago and published 34 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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1. Kareem Shablin
2. Charles O'Reilly
3. David Holm
4. David Teece

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