The resource-based view is the dominant paradigm in strategic management. One of the unanswered questions is how innovations are addressed in the resource and competence based literature. In answering this question the conformance of the fundamental methodological principles of the...

How do firms grow? How do firms compete? An influential answer to these fundamental questions of business strategy lies in the concept of dynamic capabilities. David Teece has been a leading pioneer of this perspective, and this book is the clearest and most succinct statement of his ideas....