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Dynamic Capabilities between Firm Organization and Local Development: A Critical Survey

Author

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  • Riccardo Leoncini
  • Sandro Montresor
  • Giovanna Vertova

Abstract

This paper is about the different firm's capacity to deal with change, recently conceptualised with the notion of "dynamic capabilities". It aims at showing that, in order to understand the nature and the determinants of dynamic capabilities, a cross-disciplinary perspective is needed. This should be based on two views: an "organisational" one - based on the firm's internal capacity to develop learning processes - and a truly "economic" one - based on interactive learning mechanisms. Indeed, a review of the vast and heterogeneous literature that refers, either explicitly or implicitly, to dynamic capabilities in explaining firms' performance, endsup identifying a gap between organizational and environmental kinds of approaches. By identifying the crucial elements to which a theory of dynamic capabilities is expected to answer, the paper proposes two taxonomies that help in defining the main points along which a cross-disciplinary approach can be articulated.

Suggested Citation

  • Riccardo Leoncini & Sandro Montresor & Giovanna Vertova, 2006. "Dynamic Capabilities between Firm Organization and Local Development: A Critical Survey," Economia politica, Società editrice il Mulino, issue 3, pages 475-502.
  • Handle: RePEc:mul:jb33yl:doi:10.1428/23536:y:2006:i:3:p:475-502
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    Cited by:

    1. Nicola De Liso & Riccardo Leoncini, 2009. "Firms, technology and globalisation," Openloc Working Papers 0915, Public policies and local development.
    2. Ciravegna, Luciano, 2011. "Technological learning in the Silicon Valleys of Latin America," MPRA Paper 36832, University Library of Munich, Germany.
    3. Joanílio Rodolpho Teixeira, 2009. "Growth, Distribution, Stability and Government Budget Surplus: The Extended Cambridge Equation Revisited," Economia, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 10(2), pages 239-251.
    4. Kemal Türkcan, 2011. "Vertical Intra-Industry Trade and Product Fragmentation in the Auto-Parts Industry," Journal of Industry, Competition and Trade, Springer, vol. 11(2), pages 149-186, June.
    5. Paolo Seri & Tommaso Ciarli, 2014. "Regional structural change and small firms’ adaptabilities: Evidence from Italian firm-level data," Working Papers 1403, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2014.
    6. Yao, Yuan & Meurier, Beatrice, 2012. "Understanding the supply chain resilience: a Dynamic Capabilities approach," MPRA Paper 58124, University Library of Munich, Germany.
    7. Andrea Bonaccorsi, 2011. "A Functional Theory of Technology and Technological Change," Chapters,in: Handbook on the Economic Complexity of Technological Change, chapter 12 Edward Elgar Publishing.

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