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Dynamic capabilities: evolving organisations in evolving (technological) systems

  • Riccardo Leoncini

    ()

    (Department of Economics, University of Bologna)

  • Sandro Montresor

    ()

    (University of Bologna)

  • Giovanna Vertova

    ()

    (Department of Economics, University of Bergamo)

This 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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File URL: http://aisberg.unibg.it/bitstream/10446/180/1/WPEco04(2003)Leoncini.pdf
File Function: Version, 06-2003
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Paper provided by University of Bergamo, Department of Economics in its series Working Papers (-2012) with number 0304.

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Length: 42 pages
Date of creation: Jun 2003
Date of revision:
Handle: RePEc:brg:wpaper:0304
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  1. Metcalfe, J S, 1995. "Technology Systems and Technology Policy in an Evolutionary Framework," Cambridge Journal of Economics, Oxford University Press, vol. 19(1), pages 25-46, February.
  2. Marengo, Luigi, et al, 2000. "The Structure of Problem-Solving Knowledge and the Structure of Organizations," Industrial and Corporate Change, Oxford University Press, vol. 9(4), pages 757-88, December.
  3. Arthur, W Brian, 1989. "Competing Technologies, Increasing Returns, and Lock-In by Historical Events," Economic Journal, Royal Economic Society, vol. 99(394), pages 116-31, March.
  4. Foss, Nicolai J., 1998. "The resource-based perspective: An assessment and diagnosis of problems," Scandinavian Journal of Management, Elsevier, vol. 14(3), pages 133-149, March.
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  6. Andersen, E S, 1991. "Techno-economic Paradigms as Typical Interfaces between Producers and Users," Journal of Evolutionary Economics, Springer, vol. 1(2), pages 119-44, April.
  7. Ingemar Dierickx & Karel Cool, 1989. "Asset Stock Accumulation and Sustainability of Competitive Advantage," Management Science, INFORMS, vol. 35(12), pages 1504-1511, December.
  8. Breschi, Stefano & Malerba, Franco & Orsenigo, Luigi, 2000. "Technological Regimes and Schumpeterian Patterns of Innovation," Economic Journal, Royal Economic Society, vol. 110(463), pages 388-410, April.
  9. Malerba, Franco & Orsenigo, Luigi, 1997. "Technological Regimes and Sectoral Patterns of Innovative Activities," Industrial and Corporate Change, Oxford University Press, vol. 6(1), pages 83-117.
  10. Leoncini, Riccardo, 1998. "The nature of long-run technological change: innovation, evolution and technological systems," Research Policy, Elsevier, vol. 27(1), pages 75-93, May.
  11. Reinganum, Jennifer F., 1989. "The timing of innovation: Research, development, and diffusion," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 14, pages 849-908 Elsevier.
  12. Malerba, Franco, et al, 1999. "'History-Friendly' Models of Industry Evolution: The Computer Industry," Industrial and Corporate Change, Oxford University Press, vol. 8(1), pages 3-40, March.
  13. Cooke, Philip & Gomez Uranga, Mikel & Etxebarria, Goio, 1997. "Regional innovation systems: Institutional and organisational dimensions," Research Policy, Elsevier, vol. 26(4-5), pages 475-491, December.
  14. Ted Fuller & Paul Moran, 2001. "Small enterprises as complex adaptive systems: a methodological question?," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 13(1), pages 47-63, January.
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