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Dynamic Capability as a Source of Change

Sidney G. Winter

in The Institutions of the Market: Organizations, Social Systems, and Governance

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199231423
eISBN:
9780191710865
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199231423.003.0003
Subject:
Business and Management, Political Economy

This chapter examines the concept of dynamic capability as it has developed in the strategic management field, taking primarily the ‘learned competence’ perspective and emphasizing the proactive uses ... More


Evolution of Manufacturing Systems and Ex Post Dynamic Capabilities: A Case of Toyota's Final Assembly Operations

Takahiro Fujimoto

in The Nature and Dynamics of Organizational Capabilities

Published in print:
2001
Published Online:
November 2003
ISBN:
9780199248544
eISBN:
9780191596155
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199248540.003.0010
Subject:
Economics and Finance, Microeconomics

The chapter focuses on changes that have occurred in the Toyota production system over the last decade, the factors including these changes, and the processes of change. It is proposed that, while ... More


The Dynamic Capabilities of Firms: An Introduction

David Teece and Gary Pisano

in Technology, Organization, and Competitiveness: Perspectives on Industrial and Corporate Change

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198290964
eISBN:
9780191596162
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198290969.003.0006
Subject:
Economics and Finance, Microeconomics

An expanded paradigm is needed to explain how the competitive advantage of firms is gained and held. Firms resorting to ‘resource‐based strategy’ attempt to accumulate valuable technology assets and ... More


The Managerial Task: Creating Flexible Capabilities

Henk W. Volberda

in Building the Flexible Firm: How to Remain Competitive

Published in print:
1999
Published Online:
October 2011
ISBN:
9780198295952
eISBN:
9780191685163
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198295952.003.0050
Subject:
Business and Management, Strategy, Organization Studies

In this chapter, we provide a more thorough examination of the managerial tasks associated with flexibility which includes increasing both the speed and variety of managerial capabilities. Although ... More


Rethinking Dynamic Capabilities: How Differences in Understanding the Dynamic Capabilities Construct May Be Reconciled through Process Research

Margaret Peteraf and Haridimos Tsoukas

in Skillful Performance: Enacting Capabilities, Knowledge, Competence, and Expertise in Organizations

Published in print:
2017
Published Online:
August 2017
ISBN:
9780198806639
eISBN:
9780191844768
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198806639.003.0008
Subject:
Business and Management, Organization Studies

This chapter discusses the development path of the dynamic capabilities construct, calling attention to two ways in which the path has become bifurcated. In particular it pays attention to the ... More


The Knowledge Economy and Intellectual Capital Management

David J. Teece

in Managing Intellectual Capital: Organizational, Strategic, and Policy Dimensions

Published in print:
2002
Published Online:
November 2003
ISBN:
9780198295426
eISBN:
9780191596964
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198295421.003.0001
Subject:
Economics and Finance, Microeconomics

The core of management in the knowledge economy is the development and deployment and utilization of intangible assets, the most significant being (tacit) knowledge, competence, and intellectual ... More


Technology, Organization, and Competitiveness: Perspectives on Industrial and Corporate Change

Giovanni Dosi, David J. Teece, and Josef Chytry (eds)

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198290964
eISBN:
9780191596162
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198290969.001.0001
Subject:
Economics and Finance, Microeconomics

The profitability and growth of business firms is increasingly dependent upon the development and astute deployment of intangible (knowledge) assets. Wealth creation in an open world economy depends ... More


Managing Intellectual Capital: Organizational, Strategic, and Policy Dimensions

David J. Teece

Published in print:
2002
Published Online:
November 2003
ISBN:
9780198295426
eISBN:
9780191596964
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198295421.001.0001
Subject:
Economics and Finance, Microeconomics

The profitability and growth of business firms is increasingly dependent upon the development and astute deployment of intangible (knowledge) assets. Wealth creation in an open world economy depends ... More


Business Model Innovation and Organizational Design: A Dynamic Capabilities Perspective

Sunyoung Leih, Greg Linden, and David J. Teece

in Business Model Innovation: The Organizational Dimension

Published in print:
2015
Published Online:
April 2015
ISBN:
9780198701873
eISBN:
9780191771606
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198701873.003.0002
Subject:
Business and Management, Innovation, Strategy

Dynamic capabilities are deeply enmeshed with business model innovation and implementation. They reside partly in the collective learning and culture of the organization as well as in the ... More


Evolution, Adaptation, or Innovation?: A Contingency Framework on Business Model Dynamics

Tina Saebi

in Business Model Innovation: The Organizational Dimension

Published in print:
2015
Published Online:
April 2015
ISBN:
9780198701873
eISBN:
9780191771606
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198701873.003.0008
Subject:
Business and Management, Innovation, Strategy

Putting forward a contingency framework, this chapter examines how firms need to modify their business model in response to different threats in the business environment. Examining three different ... More


The Economic View of Strategic Management

Constance E. Helfat

in Strategic Management: State of the Field and Its Future

Published in print:
2021
Published Online:
October 2021
ISBN:
9780190090883
eISBN:
9780190090920
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190090883.003.0004
Subject:
Business and Management, Organization Studies, Strategy

Economics-based theories in strategic management fall into two categories: (1) homegrown theories developed within the field of strategic management that rely on economic logic, and (2) theories that ... More


Emerging Economies: The Impact of Context on Global Strategic Management

Peter J. Williamson and José F. P. Santos

in Strategic Management: State of the Field and Its Future

Published in print:
2021
Published Online:
October 2021
ISBN:
9780190090883
eISBN:
9780190090920
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190090883.003.0018
Subject:
Business and Management, Organization Studies, Strategy

This chapter begins by exploring what defines emerging economies based on how they are different from the viewpoint of strategy making. Then the chapter turns to examine the strategies adopted by ... More


Economic perspectives

John Child, David Faulkner, Stephen Tallman, and Linda Hsieh

in Cooperative Strategy: Managing Alliances and Networks

Published in print:
2019
Published Online:
June 2019
ISBN:
9780198814634
eISBN:
9780191852374
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198814634.003.0002
Subject:
Business and Management, Strategy

Chapter 2 addresses cooperation from economic perspectives, namely market-power theory, transaction cost economics, agency theory, resource-based theory, transaction value theory, dynamic ... More


Business Model Innovation: The Organizational Dimension

Nicolai J Foss and Tina Saebi (eds)

Published in print:
2015
Published Online:
April 2015
ISBN:
9780198701873
eISBN:
9780191771606
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198701873.001.0001
Subject:
Business and Management, Innovation, Strategy

Business model innovation is an important source of competitive advantage and corporate renewal. An increasing number of companies have to innovate their business models, not just because of ... More


Relating Knowledge Integration and Absorptive Capacity: Knowledge Boundaries and Reflective Agency in Path-Dependent Processes

Christian Berggren, Jörg Sydow, and Fredrik Tell

in Managing Knowledge Integration Across Boundaries

Published in print:
2016
Published Online:
January 2017
ISBN:
9780198785972
eISBN:
9780191831621
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198785972.003.0004
Subject:
Business and Management, Knowledge Management

Absorptive capacity and knowledge integration are key concepts in knowledge-based analyses of firms. Knowledge integration focuses on knowledge scope and integration of differentiated knowledge; ... More


Theories of the Firm and Open Innovation

Wim Vanhaverbeke and Myriam Cloodt

in New Frontiers in Open Innovation

Published in print:
2014
Published Online:
December 2014
ISBN:
9780199682461
eISBN:
9780191762895
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199682461.003.0014
Subject:
Business and Management, Innovation

Open innovation (OI) has only sporadically been related to existing theoretical frameworks. The chapter starts by connecting OI to business and corporate strategy. Secondly, the relations with ... More


Path-Dependence

Daniel A. Levinthal

in Evolutionary Processes and Organizational Adaptation: A Mendelian Perspective on Strategic Management

Published in print:
2021
Published Online:
July 2021
ISBN:
9780199684946
eISBN:
9780191897375
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780199684946.003.0003
Subject:
Business and Management, Organization Studies, Strategy

The intertemporal linkages that both constrain and enable an organization are central to its adaptive properties. The most narrow expression of path-dependence is the process of ... More


The ABCD Model: Theoretical Foundation

Hwy-Chang Moon

in The Strategy for Korea's Economic Success

Published in print:
2016
Published Online:
May 2016
ISBN:
9780190228798
eISBN:
9780190228828
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190228798.003.0006
Subject:
Economics and Finance, International

The ABCD model provides a more complete and detailed analysis when compared to existing studies of Korea’s economic growth. Scholars point to unique aspects of Korea, such as Confucian ethics and ... More


Strategic Analysis—Academic Models

J.-C. Spender

in Business Strategy: Managing Uncertainty, Opportunity, and Enterprise

Published in print:
2014
Published Online:
April 2014
ISBN:
9780199686544
eISBN:
9780191766442
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199686544.003.0003
Subject:
Business and Management, Strategy

The balance between fetishizing theory as true knowledge and dismissing it as irrelevant to practice—especially management practice—is a challenge. Hence the rigor–relevance discussion. This chapter ... More


Open Innovation and Industrial Dynamics—Towards a Framework of Business Convergence

Jens Frøslev Christensen

in New Frontiers in Open Innovation

Published in print:
2014
Published Online:
December 2014
ISBN:
9780199682461
eISBN:
9780191762895
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199682461.003.0005
Subject:
Business and Management, Innovation

This chapter presents a framework for understanding business dynamics that are not confined to industry-specific trajectories but instead reflect convergence and divergence of industries and product ... More


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