Using Organizational Economics to Study Organizational Capability Development and Strategy
Organization Science · 2011 · Volume 22 · Issue 5
Abstract
There is a consensus among strategy scholars that heterogeneous firm capabilities are at the root of firms' competitive advantages. Organizational economics does not address such capabilities directly, and some have suggested that it therefore offers little insight into them. In this essay, I argue that organizational economics can shed light on how firm capabilities are developed and sustained.
Keywords
organizational economics, organizational capabilities
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