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Alfred Chandler and "capabilities" theories of strategy and management

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  • David J. Teece

Abstract

Alfred D. Chandler's scholarship on the large industrial enterprise has deepened understanding of economic development, and helped establish the field of strategic management research. Chandler's monumental work emphasized the importance of organizational innovation, managerial acumen and business performance. A particular contribution was the support provided for a "capabilities" theory of the business enterprise. This article also looks at recent developments in industrial organization that are less well explained and appreciated in the Chandler framework. Copyright 2010 The Author 2010. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

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  • David J. Teece, 2010. "Alfred Chandler and "capabilities" theories of strategy and management," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 19(2), pages 297-316, April.
    • Handle: RePEc:oup:indcch:v:19:y:2010:i:2:p:297-316
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    File URL: http://hdl.handle.net/10.1093/icc/dtq008
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    Cited by:

    1. William Lazonick, 2010. "The Chandlerian corporation and the theory of innovative enterprise," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 19(2), pages 317-349, April.
    2. Jan Fagerberg, 2013. "Innovation - a New Guide," Working Papers on Innovation Studies 20131119, Centre for Technology, Innovation and Culture, University of Oslo.

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