Innovating routines in the business firm: what corporate tasks should they be accomplishing?
AbstractOne challenge in evolutionary economics is to give greater operational content to the notion of 'innovating routines' inside the firm. Historical and contemporary evidence suggests that such routines always have to deal with increasing specialization in knowledge production, increasing depth in knowledge sources and complexity in physical artefacts, and with the continuous matching of specific corporate competencies and organizational practices to the market opportunities offered by specific technologies. As a consequence, some innovating routines have always been important, such as those dealing with the tasks of co-ordination and integration within the firm, and of reducing uncertainty through learning. Others are becoming more so, such as those co-ordinating technological resources external to the firm, coping with systems and simulations, and adapting organizational practices to the requirements of radically changing technological opportunities. Copyright 2002, Oxford University Press.
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Bibliographic InfoArticle provided by Oxford University Press in its journal Industrial and Corporate Change.
Volume (Year): 11 (2002)
Issue (Month): 1 (February)
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- João Caraça & João Lobo Ferreira & Sandro Mendonça, 2007. "A chain-interactive innovation model for the learning economy: Prelude for a proposal," Working Papers Department of Economics 2007/12, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
- Giovanni Dosi & Marco Faillo & Luigi Marengo, 2006. "Modeling Routines and Organizational Learning. A Discussion of the State-of-the-Art," LEM Papers Series 2006/10, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Keith Pavitt, 2002. "Knowledge about knowledge since Nelson & Winter: a mixed record," SPRU Working Paper Series 83, SPRU - Science and Technology Policy Research, University of Sussex.
- Mariacristina Piva & Enrico Santarelli & Marco Vivarelli, 2004. "Technological and Organizational Changes as Determinants of the Skill Bias: Evidence from a Panel of Italian Firms," Papers on Entrepreneurship, Growth and Public Policy 2004-03, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
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