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Remarks on Pisano: “toward a prescriptive theory of dynamic capabilities”

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  • Greg Linden
  • David J Teece

Abstract

Pisano's recent ICC article offers some clarity around the pursuit and development of new capabilities, but it overreaches by equating this with dynamic capabilities as a whole. The capabilities that he discusses are, for the most part, simply technologies that can be thought of as “ordinary capabilities”. Moreover, his approach isolates capability selection from strategy. Opportunities must be sensed and calibrated and a strategy developed before capability gaps can be identified. Pisano also treats general-purpose capabilities as an option without acknowledging their dependence on the stage of the industry lifecycle. In mature industries, general-purpose technologies are less likely to be relevant. While there is much of value in Pisano's article about technology selection and risk, this is overshadowed by the claims he makes for the magnitude of the article's contribution to dynamic capabilities research.

Suggested Citation

  • Greg Linden & David J Teece, 2018. "Remarks on Pisano: “toward a prescriptive theory of dynamic capabilities”," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 27(6), pages 1175-1179.
    • Handle: RePEc:oup:indcch:v:27:y:2018:i:6:p:1175-1179.
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    File URL: http://hdl.handle.net/10.1093/icc/dty047
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    References listed on IDEAS

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    1. David J. Teece, 2007. "Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance," Strategic Management Journal, Wiley Blackwell, vol. 28(13), pages 1319-1350, December.
    2. Teece, David J, 2018. "Dynamic capabilities as (workable) management systems theory," Journal of Management & Organization, Cambridge University Press, vol. 24(3), pages 359-368, May.
    3. David J. Teece & Gary Pisano & Amy Shuen, 1997. "Dynamic capabilities and strategic management," Strategic Management Journal, Wiley Blackwell, vol. 18(7), pages 509-533, August.
    4. Sidney G. Winter, 2003. "Understanding dynamic capabilities," Strategic Management Journal, Wiley Blackwell, vol. 24(10), pages 991-995, October.
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    More about this item

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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