Evolutionary and competence-based theories of the firm
AbstractThis essay explores evolutionary and competence-based theories of the firm. Evolutionary theories can be regarded as a subset of a wider class of theories, variously described as “capabilities”, “resource-based”, or “competence-based” theories of the firm. These contrast with a different set of contractarian theories, emanating largely from the work of Coase. It is argued that the contractarian theories of the firm misleadingly assume given individuals thus neglecting processes of individual learning and transformation. Similarly underestimated is importance of technology and the persistence of variety in firm structure and performance. The genesis of the alternative, competence-based approach is outlined, including the important subset of “evolutionary” approaches of the Nelson-Winter type. The paper concludes with a discussion of the relevance of the competence-based approach to strategic management.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Emerald Group Publishing in its journal Journal of Economic Studies.
Volume (Year): 25 (1998)
Issue (Month): 1 (January)
Contact details of provider:
Web page: http://www.emeraldinsight.com
Postal: Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Rajneesh Narula & Grazia D. Santangelo, 2007.
"Location and R&D alliances in the European ICT industry,"
Economics & Management Discussion Papers
em-dp2007-43, Henley Business School, Reading University.
- Rajneesh Narula & Grazia D. Santangelo, 2007. "Location and R&D alliances in the European ICT industry," Centre for International Business Strategy Working Papers cibs-wp2007-01, Henley Business School, Reading University.
- Rajneesh Narula & Grazia D. Santangelo, 2007. "Location and R&D Alliances in the European ICT Industry," DRUID Working Papers 07-05, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
- Narula, Rajneesh & Santangelo, Grazia D., 2007. "Location and R&D alliances in the European ICT industry," UNU-MERIT Working Paper Series 008, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
- Dimária Silva e Meirelles & Eduardo Sérgio Ulrich Pace & Leonardo Fernando Cruz Basso, 2005. "The Contributions Of Firm'S Productive Assets To Its Competitive Performance: A Resource-Based View Approach In The Software Sector," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33th Brazilian Economics Meeting] 103, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
- Hanna Kuittinen & Kalevi Kyläheiko & Jaana Sandström & Ari Jantunen, 2009. "Cooperation governance mode: an extended transaction cost approach," Journal of Management and Governance, Springer, vol. 13(4), pages 303-323, November.
- Savash Orhan Iozioldash, 2009. "Essence, Effects, Problems and Perspectives of the Process of Economic Integration of Turkey to the European Union," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 113-137.
- Manuel Branco & LÃºcia Rodrigues, 2006. "Corporate Social Responsibility and Resource-Based Perspectives," Journal of Business Ethics, Springer, vol. 69(2), pages 111-132, December.
- Nicolai J. Foss, 1996. "Thorstein B. Veblen Precursor of the Competence-Based Approach to the Firm," DRUID Working Papers 96-15, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
- Bleda, Mercedes & Shackley, Simon, 2008. "The dynamics of belief in climate change and its risks in business organisations," Ecological Economics, Elsevier, vol. 66(2-3), pages 517-532, June.
- Anastassia Stancheva, 2009. "The Enterprise from Management Point of View: Meta-Analysis (Internal Structure and Behavior)," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 67-112.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Harris).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.