This interview with Professor David Teece, conducted by Professor Karl Moore (McGill University Faculty of Management) covers topics broadly applicable in Silicon Valley and beyond, including how managers and firms can best understand their capabilities for success in competitive environments.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