Understanding Dynamic Capabilities  

Oleh:

Winter, Sydney G.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 24 no. 10 (Oct. 2003), page 991-996.
Topik: dynamics; dynamic capabilities; change; cost - benefit; problem solving

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.13 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Defining ordinary or "zero level" capabilities as those that permit a firm to "make a living" in the short term, one can define dynamic capabilities as those that operate to extend, modify or create orfinary capabilities. Logically, one can then proceed to elaborate a hierarchy of higher - order capabilities. However, it is argued here that the strategic substance of capabilities involves patterning of activity, and that costly investments are typically required to create and sustain such patterning for example, in product development. Firms can accomplish change without reliance on dynamic capabilitym by means here termed "ad hoc problem solving". Whether higher order capabilities are created or not depends on the costs and benefits of the investments relative to ad hoc problem solving, and so does the "level of the game" at which strategic competition effectively occurs.

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