The DOI matches its Crossref record; 10 of the 10 references it cites were found in a registry or an index.
Dynamic Capabilities: An Exploration of How Firms Renew their Resource Base
Abstract
The aim of this paper is to extend the concept of dynamic capabilities. Building on prior research, we suggest that there are three levels of dynamic capabilities which are related to managers' perceptions of environmental dynamism. At the first level we find incremental dynamic capabilities: those capabilities concerned with the continuous improvement of the firm's resource base. At the second level are renewing dynamic capabilities, those that refresh, adapt and augment the resource base. These two levels are usually conceived as one and represent what the literature refers to as dynamic capabilities. At the third level are regenerative dynamic capabilities, which impact, not on the firm's resource base, but on its current set of dynamic capabilities, i.e. these change the way the firm changes its resource base. We explore the three levels using illustrative examples and conclude that regenerative dynamic capabilities may either come from inside the firm or enter the firm from outside, via changes in leadership or the intervention of external change agents.
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Cites
Firm Resources and Sustained Competitive Advantage
Barney, J. (1991) · Journal of Management · doi:10.1177/014920639101700108 · Cited by 48,334
Organizational Learning: A Theory of Action Perspective
Argyris, C., & Schön, D. A. (1997) · Reis · doi:10.2307/40183951 · Cited by 11,113
Core capabilities and core rigidities: A paradox in managing new product development
Leonard-Barton, D. (1992) · Strategic Management Journal · doi:10.1002/smj.4250131009 · Cited by 6,477
Understanding dynamic capabilities
Winter, S. G. (2003) · Strategic Management Journal · doi:10.1002/smj.318 · Cited by 5,315
The dynamic resource‐based view: capability lifecycles
Helfat, C. E., & Peteraf, M. A. (2003) · Strategic Management Journal · doi:10.1002/smj.332 · Cited by 4,553
Reconceptualizing Organizational Routines as a Source of Flexibility and Change
Feldman, M. S., & Pentland, B. T. (2003) · Administrative Science Quarterly · doi:10.2307/3556620 · Cited by 4,020
Entrepreneurship and dynamic capabilities: a review, model and research agenda
Zahra, S. A., Sapienza, H. J., & Davidsson, P. (2006) · Journal of Management Studies · doi:10.1111/j.1467-6486.2006.00616.x · Cited by 3,152
Knowing in Practice: Enacting a Collective Capability in Distributed Organizing
Orlikowski, W. J. (2002) · Organization Science · doi:10.1287/orsc.13.3.249.2776 · Cited by 3,021
Is the Resource-Based "View" a Useful Perspective for Strategic Management Research? Yes
Barney, J. B. (2001) · The Academy of Management Review · doi:10.2307/259393 · Cited by 2,734
A contingent resource-based view of proactive corporate environmental strategy
Aragón-Correa, J. A., & Sharma, S. (2003) · Academy of Management Review · doi:10.5465/amr.2003.8925233 · Cited by 2,362
Cited by
What are dynamic capabilities and are they a useful construct in strategic management?
Ambrosini, V., & Bowman, C. (2009) · International Journal of Management Reviews · doi:10.1111/j.1468-2370.2008.00251.x · Cited by 1,641
Self-citationSchilke, O., Hu, S., & Helfat, C. E. (2018) · Academy of Management Annals · doi:10.5465/annals.2016.0014 · Cited by 1,226
Dynamic Managerial Capabilities: Review and Assessment of Managerial Impact on Strategic Change
Helfat, C. E., & Martin, J. A. (2015) · Journal of Management · doi:10.1177/0149206314561301 · Cited by 1,045
Mikalef, P., Boura, M., Lekakos, G., & Krogstie, J. (2019) · British Journal of Management · doi:10.1111/1467-8551.12343 · Cited by 835
Khurana, I., Dutta, D. K., & Singh Ghura, A. (2022) · Journal of Business Research · doi:10.1016/j.jbusres.2022.06.048 · Cited by 443
Metadata
- Authors
- Ambrosini, V., Bowman, C., & Collier, N.
- Venue
- British Journal of Management
- Publisher
- Wiley
- Published
- 2009-02-19
- Volume
- 20
- Issue
- s1
- ISSN
- 1045-3172 (ISSN-L)
- 1467-8551
- OpenAlex
- W2038496495
- Cited by
- 890
- References
- 10
- FWCI
- 90.56
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
