Search results for "Knowledge-based View"
showing 6 items of 6 documents
Learning, knowledge and dynamic capabilities: theoretical implications for competitiveness and innovation in the 21st century
2013
The aim of this paper is to support dynamic capabilities as a strategic tool for company management. We will begin by illustrating the evolution that can be discerned in the process of developing competitive advantage as a result of the organisation s internal analysis. In a first stage, interest was centred on understanding the nature of the firm s assets, and knowing which conditions would make it possible to turn them into lasting and sustainable sources of competitive advantage. During a second phase, interest was shifted towards the dynamic processes of generation, development and accumulation of assets. In this sense, dynamic capabilities are those which allow managers to activate and…
The role of Private Equity-firms in the formation of strategic alliances
2014
This research analyses the role of Private Equity firms in the formation of strategic alliances within the field of the French Private Equity market. We start to provide evidence of its importance from new survey information, before offering an explanation of the organizational phenomenon. The study addresses the questions of how and why Private Equity firms act as relational intermediaries to help their portfolio companies form alliances. Both questions are investigated in the light of the Private Equity firms’ contribution to the value creation process that comes with alliance formation. Answers are provided by means of three jointly used theoretical frameworks: (1) mainstream theories (t…
The role of Private Equity-firms in the formation of strategic alliances
2014
This research analyses the role of Private Equity firms in the formation of strategic alliances within the field of the French Private Equity market. We start to provide evidence of its importance from new survey information, before offering an explanation of the organizational phenomenon. The study addresses the questions of how and why Private Equity firms act as relational intermediaries to help their portfolio companies form alliances. Both questions are investigated in the light of the Private Equity firms’ contribution to the value creation process that comes with alliance formation. Answers are provided by means of three jointly used theoretical frameworks: (1) mainstream theories (t…
Pouring new wine into old bottles: A dynamic perspective of the interplay among environmental dynamism, capabilities development, and performance
2022
In order to face increased environmental dynamism (ED), firms are increasingly called on to leverage deliberate learning processes that make dynamic capabilities emerge in a path-dependent way from the conversion of tacit knowledge to explicit knowledge. Moreover, to mitigate the effect that ED can play in eroding a firm's capabilities and subsequently its performance, managers need to effectively align short- and long-term strategies, which in the literature have been addressed as ‘capability traps’. Although these two processes are strictly interrelated, to date they have been treated in quite an isolated way and usually through the development of linear approaches. To fill this gap, leve…
Private Equity Investors as Matchmakers: Alliance Formation between PE-backed firms
2016
International audience; Alliances as long term inter-firm cooperation are seen as an important factor of economic growth. They are particularly important for small to medium sized companies whose internal resources are scarce. This article analyses the role of Private Equity Firms that constitute a major source of financing for non-publicly traded small to medium sized companies, in the formation of alliances for their portfolio companies. While previous studies analyse the question in the light of mainstream theories, we rely on the dual theory of the firm, combining the contractual/mainstream view and the knowledge-based view. Contrary to the current literature, our study does not rely on…
Corporate Governance Theories: From Micro Theories to National Systems Theories
2004
The objective of this article is to conduct a survey of the different corporate governance theories. In the first part, we present the micro theories by opposing the disciplinary view to the knowledge-based view. The second part deals with the macro or national systems theories. We separate the theories based on appropriation of the organizational rent from those attributing a dominant role to production. This survey highlights that the financial view of corporate governance is a very particular case and presents many limits.