Discontinuity in the Environment, Firm Response, and Dynamic Capabilities
AbstractThis paper identifies and focuses on a specific type of environmental development called discontinuity. Discontinuities in the forms of rapid technological innovations, regulatory reforms, institutional overhauls, and socio-cultural developments are the source of opportunities and threats to the firm. Firm responds to these discontinuities in specific ways in sustaining its existence at different points of time. This paper conceptualizes discontinuity and identifies its natures; explores the possible types of responses by the firm, and their enablers. The capability of sensing, seizing and reshaping are captured to establish the linkages in the framework of interrelations. It posits a set of propositions based on conceptual development and illustration of two cases. [W.P. No. 2010-08-03]
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Bibliographic InfoPaper provided by eSocialSciences in its series Working Papers with number id:2784.
Date of creation: Aug 2010
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Environmental; development; regulatory; institutional; overhauls; framework; interrelations;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-09-11 (All new papers)
- NEP-CSE-2010-09-11 (Economics of Strategic Management)
- NEP-ENV-2010-09-11 (Environmental Economics)
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