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Cited by 368Innovation and Knowledge ManagementIntellectual Capital and Performance AnalysisHuman Resource and Talent Management

The DOI matches its Crossref record; 85 of the 92 references it cites were found in a registry or an index.

Dynamic Capabilities: What Are They?

Eisenhardt, Kathleen M., Martin, Jeffrey A.·2017·The SMS Blackwell Handbook of Organizational Capabilities
DOI 10.1002/9781405164054.ch21
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Abstract

The resource-based view of the firm (RBV) is an influential theoretical framework for understanding how competitive advantage within firms is achieved and how that advantage might be sustained over time. This perspective focuses on the internal organization of firms, and so is a complement to the traditional emphasis of strategy on industry structure and strategic positioning within that structure as the determinants of competitive advantage. In particular, RBV assumes that firms can be conceptualized as bundles of resources, that those resources are heterogeneously distributed across firms, and that resource differences persist over time. Based on these assumptions, researchers have theorized that when firms have resources that are valuable, rare, inimitable, and nonsubstitutable (i.e., so-called VRIN attributes), they can achieve sustainable competitive advantage by implementing fresh value-creating strategies that cannot be easily duplicated by competing firms. Finally, when these resources and their related activity systems have complementarities, their potential to create sustained competitive advantage is enhanced.

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Citations

Cites

Show all 92 references

Research works printed but not linked: 13

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  2. Christensen C., 1997, Managing Innovation at NYPRO, Inc. (A) (B)
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  7. 10.1002/1097-0266(200010/11)21:10/11<1061::AID-SMJ116>3.0.CO;2-G · DOI
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  9. 10.1002/(SICI)1097-0266(199707)18:1 <15::AID-SMJ916>3.0.CO;2-1 · DOI
  10. Penrose E. T., 1959, The Theory of the Growth of the Firm
  11. 10.1002/(SICI)1097-0266(199907)20:7<595::AID-SMJ47>3.0.CO;2-5 · DOI
  12. Wetlaufer S., 2000, Common sense and conflict: an interview with Disney's Michael Eisner, Harvard Business Review, 78, 114
  13. 10.1002/(SICI)1097-0266(199912)20:12<1087::AID-SMJ71>3.0.CO;2-Z · DOI

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Metadata

Authors
Eisenhardt, K. M., & Martin, J. A.
Affiliations
  • Stanford University (US)
  • The University of Texas at Austin (US)
ORCID
Eisenhardt, Kathleen M.
Venue
The SMS Blackwell Handbook of Organizational Capabilities
Publisher
Wiley
Published
2017-08-18
Pages
341-363
DOI
10.1002/9781405164054.ch21
OpenAlex
W3125814141
Cited by
368
References
92
Citations by year
2026: 148 · 2025: 27 · 2024: 5 · 2023: 6 · 2022: 5 · 2021: 5 · 2020: 3 · 2019: 4 · 2018: 4 · 2017: 2
Type
other
Language
en
Open access
closed
Licence
doi.wiley.com/10.1002/tdm_license_1.1 (tdm)
Topics
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Intellectual Capital and Performance Analysis
  • Social Sciences › Business, Management and Accounting › Organizational Behavior and Human Resource Management › Human Resource and Talent Management
Keywords
dynamic capabilities, resource-based view, competitive advantage, resource complementarity, sustainable competitive advantage, firm resources, strategy theory

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