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


  • Neil M. Kay


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, vol. 19(4), pages 1205-1223, August.
  • Handle: RePEc:oup:indcch:v:19:y:2010:i:4:p:1205-1223

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    References listed on IDEAS

    1. James R. Markusen, 2004. "Multinational Firms and the Theory of International Trade," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262633078, January.
    2. Magnus Henrekson, 2005. "Entrepreneurship: a weak link in the welfare state?," Industrial and Corporate Change, Oxford University Press, vol. 14(3), pages 437-467, June.
    3. Henrekson, Magnus, 1996. "Sweden's Relative Economic Performance: Lagging Behind or Staying on Top?," Economic Journal, Royal Economic Society, vol. 106(439), pages 1747-1759, November.
    4. Eriksson, Tor & Moritz Kuhn, Johan, 2006. "Firm spin-offs in Denmark 1981-2000 -- patterns of entry and exit," International Journal of Industrial Organization, Elsevier, vol. 24(5), pages 1021-1040, September.
    5. Muendler, Marc-Andreas & Rauch, James E. & Tocoian, Oana, 2012. "Employee spinoffs and other entrants: Stylized facts from Brazil," International Journal of Industrial Organization, Elsevier, vol. 30(5), pages 447-458.
    6. HansK. Hvide, 2009. "The Quality of Entrepreneurs," Economic Journal, Royal Economic Society, vol. 119(539), pages 1010-1035, July.
    7. von Below, David & Thoursie, Peter Skogman, 2010. "Last in, first out?: Estimating the effect of seniority rules in Sweden," Labour Economics, Elsevier, vol. 17(6), pages 987-997, December.
    8. repec:hhs:iuiwop:482 is not listed on IDEAS
    9. Michael Dahl & Toke Reichstein, 2007. "Are You Experienced? Prior Experience and the Survival of New Organizations," Industry and Innovation, Taylor & Francis Journals, vol. 14(5), pages 497-511.
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    1. repec:eee:rujoec:v:2:y:2016:i:1:p:86-110 is not listed on IDEAS
    2. repec:oup:indcch:v:26:y:2017:i:4:p:593-615. is not listed on IDEAS

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