TY  - BOOK
AU  - Teece,David J.
TI  - Dynamic capabilities: foundational concepts 
T2  - Cambridge elements. Elements in business strategy,
SN  - 9781009562713 (ebook)
AV  - HD30.28 .T44 2025
U1  - 658.4/012 23
PY  - 2025///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Strategic planning
KW  - Organizational learning
N1  - Title from publisher's bibliographic system (viewed on 12 Sep 2025); Open Access
N2  - The dynamic capabilities framework outlines the means by which the managers of business enterprises foster and exercise organizational and technological capabilities and business strategy to address current and anticipated market and geopolitical conditions. In a firm with strong dynamic capabilities, managers can establish and periodically renew the competitive advantage of the business enterprise by not just responding to but shaping the business environment. This Element relates the dynamic capabilities framework to important concepts from the business and economics literature, demonstrating how it applies to today's business challenges. It also offers a capabilities perspective on a theory of the firm. Most existing theories of the firm caricature today's business enterprise. For advanced students of business, this Element provides a deeper understanding of the dynamic capabilities framework. For managers and boards, it shows how the analytical tools and mindsets that help to make their firms future-ready can be better understood in terms of the dynamic capabilities framework. This Element is also available as Open Access on Cambridge Core
UR  - https://doi.org/10.1017/9781009562713
ER  -