Everything about Dynamic capabilities
Capability of an organization to adapt its resource base
In organizational theory, dynamic capability is the capability of an organization to purposefully adapt an organization's resource base. The concept was defined by David Teece, Gary Pisano, and Amy Shuen, in their 1997 paper Dynamic Capabilities and Strategic Management, as the firm's ability to engage in adapting, integrating, and reconfiguring internal and external organizational skills, resources, and functional competences to match the requirements of a changing environment. Teece (2007) refined the framework by identifying three clusters of dynamic capability: sensing, seizing, and transforming. With over 67,000 citations, the 1997 paper is among the most cited in the social sciences, and with over 260,000 total Google Scholar citations across his body of work, Teece is the most-cited scholar in business and management worldwide. He was named a Clarivate Citation Laureate in Economics in 2021. Wikipedia →
🧭 Start here: a 6-step reading path
- Read the overview: Dynamic capabilitiesA 5-minute orientation
- Skim a recent paper: Digital transformation of industrial businesses: A dynamic capability approachInfluential work since 2022
- Pick up a classic book: A Cognitive Theory Of The Firm Learning Governance And Dynamic CapabilitiesThe most-reprinted book on the subject
- Read the landmark paper: Dynamic capabilities and strategic managementCited 19,798 times
- Go sideways: Organizational economicsA closely related topic
- Go sideways: Innovation economicsA closely related topic
📖 Definitions
No dictionary entry for this exact phrase.
🏆 Landmark papers (most cited)
Dynamic capabilities and strategic management
Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance
Deliberate Learning and the Evolution of Dynamic Capabilities
Understanding dynamic capabilities
Business models and dynamic capabilities
Building dynamic capabilities for digital transformation: An ongoing process of strategic renewal
The dynamic resource‐based view: capability lifecycles
🆕 Influential since 2022
Digital transformation of industrial businesses: A dynamic capability approach
Do corporate social responsibility practices contribute to green innovation? The mediating role of green dynamic capability
Dynamic digital capabilities and supply chain resilience: The role of government effectiveness
Artificial intelligence enabling circular business model innovation in digital servitization: Conceptualizing dynamic capabilities, AI capacities, business models and effects
SMEs and digital transformation during a crisis: The emergence of resilience as a second-order dynamic capability in an entrepreneurial ecosystem
📚 Books worth reading
A Cognitive Theory Of The Firm Learning Governance And Dynamic CapabilitiesB. Nooteboom · 2009- 📕Naturpotential und Landdegradierung in den Trockengebieten KeniasRüdiger Mäckel · 1993
Ranked by number of editions on Open Library, a rough measure of how lasting a book is.
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