Explicating dynamic capabilities: The nature and microfoundations of (sustainable) enterprise performance

成果类型:
Review
署名作者:
Teece, David J.
署名单位:
University of California System; University of California Berkeley
刊物名称:
STRATEGIC MANAGEMENT JOURNAL
ISSN/ISSBN:
0143-2095
DOI:
10.1002/smj.640
发表日期:
2007
页码:
1319-1350
关键词:
cospecialization Intangible assets INNOVATION business ecosystems entrepreneurship managerial capitalism global competitiveness
摘要:
This paper draws on the social and behavioral sciences in an endeavor to specify the nature and microfoundations of the capabilities necessary to sustain superior enterprise performance in an open economy with rapid innovation and globally dispersed sources of invention, innovation, and manufacturing capability. Dynamic capabilities enable business enterprises to create, deploy, and protect the intangible assets that support superior long-run business performance. The microfoundations of dynamic capabilities - the distinct skills, processes, procedures, organizational structures, decision rules, and disciplines-which undergird enterprise-level sensing, seizing, and reconfiguring capacities are difficult to develop and deploy. Enterprises with strong dynamic capabilities are intensely entrepreneurial. They not only adapt to business ecosystems, but also shape them through innovation and through collaboration with other enterprises, entities, and institutions. The framework advanced can help scholars understand the foundations of long-run enterprise success while helping managers delineate relevant strategic considerations and the priorities they must adopt to enhance enterprise performance and escape the zero profit tendency associated with operating in markets open to global competition. Copyright (C) 2007 John Wiley & Sons, Ltd.