Dynamic capabilities: An exploration of how firms renew their resource base

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dc.contributor.author Ambrosini, Veronique -
dc.contributor.author Bowman, Cliff -
dc.contributor.author Collier, Nardine -
dc.date.accessioned 2011-05-04T23:16:14Z
dc.date.available 2011-05-04T23:16:14Z
dc.date.issued 2009-03-30T00:00:00Z -
dc.identifier.citation Ambrosini, V., Bowman, C. & Collier, N. 2009, 'Dynamic capabilities: An exploration of how firms renew their resource base', British Journal of Management, vol. 20, no. S1, pp. S9-S24. en_UK
dc.identifier.issn 1045-3172 -
dc.identifier.uri http://dx.doi.org/10.1111/j.1467-8551.2008.00610.x -
dc.identifier.uri http://dspace.lib.cranfield.ac.uk/handle/1826/3311
dc.description.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 a en_UK
dc.language.iso en_UK en_UK
dc.publisher Blackwell Publishing Ltd en_UK
dc.subject dynamic capabilities en_UK
dc.subject environmental dynamism en_UK
dc.subject managers en_UK
dc.subject resource based view en_UK
dc.title Dynamic capabilities: An exploration of how firms renew their resource base en_UK
dc.type Article en_UK

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