Alfred Chandler and "capabilities" theories of strategy and management

David J. Teece

60 citations0/0 files storedIndustrial and Corporate Change

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Management Theory and Practice Innovation and Knowledge Management Management and Organizational Studies

Abstract

Alfred D. Chandler's scholarship on the large industrial enterprise has deepened understanding of economic development, and helped establish the field of strategic management research. Chandler's monumental work emphasized the importance of organizational innovation, managerial acumen and business performance. A particular contribution was the support provided for a "capabilities" theory of the business enterprise. This article also looks at recent developments in industrial organization that are less well explained and appreciated in the Chandler framework. Copyright 2010 The Author 2010. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

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References

1990Absorptive Capacity: A New Perspective on Learning and Innovation 1997Dynamic capabilities and strategic management 1983An Evolutionary Theory of Economic Change.2007Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance 1995The Theory of the Growth of the Firm 1990Architectural Innovation: The Reconfiguration of Existing Product Technologies and the Failure of Established Firms 1986Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy 1933The Modern Corporation and Private Property

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