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Dynamic capabilities as context: the role of decision, system and structure

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  • Neil M. Kay

Abstract

In this article we look at some implications of the role of dynamic capabilities in enabling strategic decision-making in the firm. It is argued that properly specifying questions relating to dynamic capabilities raises questions of what is involved in strategic decisions, which in turn inevitably involves (or should involve) consideration of the complementary roles of non-decomposability and decision processes. This entails a reappraisal of how and where established frameworks may or may not be of relevance in this context, and invites consideration of how an economics perspective should be framed to deal with such issues. Copyright 2010 The Author 2010. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

Suggested Citation

  • Neil M. Kay, 2010. "Dynamic capabilities as context: the role of decision, system and structure," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 19(4), pages 1205-1223, August.
    • Handle: RePEc:oup:indcch:v:19:y:2010:i:4:p:1205-1223
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    File URL: http://hdl.handle.net/10.1093/icc/dtq028
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    Citations

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    Cited by:

    1. Shastitko, Andrey & Golovanova, Svetlana, 2016. "Meeting blindly… Is Austrian economics useful for dynamic capabilities theory?," Russian Journal of Economics, Elsevier, vol. 2(1), pages 86-110.
    2. Majumdar, Sumit K., 2014. "Technology and wages: Why firms invest and what happens," Technology in Society, Elsevier, vol. 39(C), pages 44-54.
    3. Hilsenrath, Peter & Pogue, Thomas, 2017. "Distributed dynamic capabilities in South Africa's mineral resource-finance network," Technology in Society, Elsevier, vol. 49(C), pages 57-67.
    4. Lauri Haapanen & Pia Hurmelinna-Laukkanen & Jan Hermes, 2018. "FIRM FUNCTIONS AND THE NATURE OF COMPETITIVE ADVANTAGE IN INTERNATIONALIZING SMEs," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 22(03), pages 1-30, April.
    5. Christos N. Pitelis & David J. Teece, 2010. "Cross-border market co-creation, dynamic capabilities and the entrepreneurial theory of the multinational enterprise," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 19(4), pages 1247-1270, August.
    6. Sumit K. MAJUMDAR, 2014. "Regulation And Job Creation: An Analysis Of Institutional Change And Its Consequences," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 85(2), pages 305-325, June.
    7. Majumdar, Sumit K., 2016. "R&D and the overseas earnings of Indian firms," Technology in Society, Elsevier, vol. 44(C), pages 104-111.
    8. Crispian Fuller & Nicholas A Phelps, 2018. "Revisiting the multinational enterprise in global production networks," Journal of Economic Geography, Oxford University Press, vol. 18(1), pages 139-161.
    9. Jose L. Barbero & Alicia Ramos & Catherine Chiang, 2017. "Restructuring in dynamic environments: a dynamic capabilities perspective," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 26(4), pages 593-615.

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