6533b853fe1ef96bd12ac00a
RESEARCH PRODUCT
Competitive advantage and strategy formulation
Salvador Vivas Lópezsubject
Resource (project management)Process managementOrder (exchange)Computer scienceProcess (engineering)Strategic fitResource managementOperations managementManagement Science and Operations ResearchDynamic capabilitiesLearning organizationGeneral Business Management and AccountingCompetitive advantagedescription
Purpose – The aim of this paper is to promote the use of dynamic capabilities as a strategic tool of the highest order in terms of firm management.Design/methodology/approach – The content of the article is developed from a table that offers some insights into the relationship between the three theoretical perspectives analyzed in the paper: resource‐based view, knowledge‐based view and dynamic‐capabilities view.Findings – The paper describes the evolution that can be discerned in the process of developing competitive advantage, from a resource‐based view to a dynamic‐capabilities framework.Originality/value – The objective of the article was not to bring to light any new revelations in this field of investigation, but is intended as a theoretical reflection on the implications of dynamic capabilities for firms and managers.
year | journal | country | edition | language |
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2005-06-01 | Management Decision |