Description: Dynamic Capabilities and Strategic ManagementOrganizing for Innovation and Growth Author(s): David J. Teece Format: Paperback Publisher: Oxford University Press, United Kingdom Imprint: Oxford University Press ISBN-13: 9780199691906, 978-0199691906 Synopsis How do firms compete? How do firms earn above normal returns? What's needed to sustain superior performance long term? An increasingly powerful answer to these fundamental questions of business strategy lies in the concept of dynamic capabilities. These are the skills, processes, routines, organizational structures, and disciplines that enable firms to build, employ, and orchestrate intangible assets relevant to satisfying customer needs, and which cannot be readily replicated by competitors. Enterprises with strong dynamic capabilities are intensely entrepreneurial. They not only adapt to business ecosystems; they also shape them through innovation, collaboration, learning, and involvement. David Teece was the pioneer of the dynamic capabilities perspective. It is grounded in 25 years of his research, teaching, and consultancy. His ideas have been influential in business strategy, management, and economics, and are relevant to innovation, technology management, and competition policy. Through his consultancy and advisory work he has also brought these ideas to bear in business and policy making around the world. This book is the clearest and most succinct statement of the core ideas of dynamic capabilities. Teece explains their genesis, application, and how they offer an alternative approach to much conventional strategic thinking grounded in simplistic and outdated understandings of industrial organizations and the foundations of competitive advantage. Accessibly written and presented, it will be an invaluable and stimulating tool for all those who want to understand this important contribution to strategic thinking, be they MBA students, academics, managers, or consultants.
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Book Title: Dynamic Capabilities and Strategic Management
Number of Pages: 320 Pages
Language: English
Publication Name: Dynamic Capabilities and Strategic Management: Organizing for Innovation and Growth
Publisher: Oxford University Press
Publication Year: 2011
Subject: Economics, Business
Item Height: 209 mm
Item Weight: 388 g
Type: Textbook
Author: David J. Teece
Item Width: 127 mm
Format: Paperback
