Dynamic capabilities: evolving organisations in evolving (technological) systems
AbstractThis paper aims at exploring the nature and the determinants of the dynamic capabilities of the firm: a notion which, while increasingly more fashionable, remains still conceptually diffuse. Through a critical review of the massive and heterogeneous literature which refers, either explicitly or implicitly, to dynamic capabilities in explaining the dynamic performances of the firm, the paper detects a certain gap between an organizational and an environmental kind of approach to the issue. The nature of the firm and that of the firm environment are in fact focused on alternatively, thus implying a dynamic capabilities analysis which turns out to be biased. The pros and the cons of a combined approach, which tries to integrate the two, are shown and contrasted to a more satisfactory approach, which deal with the firm as a system operating within an institutional setting of techno-economic relationships, i.e. a technological system.
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Bibliographic InfoPaper provided by University of Bergamo, Department of Economics in its series Working Papers with number 0304.
Length: 42 pages
Date of creation: Jun 2003
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dynamic capabilities; firm organization; firm environment; technological systems;
Find related papers by JEL classification:
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
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