Dynamic Capabilities and Strategic Management
The dynamic capabilities framework analyzes the sources and methods of wealth creation and capture by private enterprise firms operating in environments of rapid technological change. The competitive advantage of firms is seen as resting on distinctive processes, shaped by the firm’s asset positions, and the evolution path(s) it has adopted.
Structured Abstract
verifiedPeer-ReviewedThe dynamic capabilities framework analyzes the sources and methods of wealth creation and capture by private enterprise firms operating in environments of rapid technological change. The competitive advantage of firms is seen as resting on distinctive processes, shaped by the firm’s asset positions, and the evolution path(s) it has adopted.
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