Ambrosini and Bowman (2009) - quite bad "deck"

Question 1

What is the name of Ambrosini and Bowman’s articles?

Answer 1

What are dynamic capabilities and are they a useful construct in strategic management?

Question 2

What is a dynamic capabilities?

Answer 2

The theory is an extension from the RBV view, adding the dynamic capability into the model.

Dynamic capabilities is used to facilitate and enable RBV’s resources, and how companies can create RBS’s in the future. Dynamic capabilities can therefore be seen as the mechanics that creates rbv’s resources.

Question 3

What is Teese’s definition of dynamic capabilities?

Answer 3

‘The firm’s ability to integrate, build and reconfigure internal and external competences to address rapidly changing environments’.

What is important, the literature explains that DC are built, path dependent and embedded in the firm.

Question 4

What is the role of Dynamic Capabilities?

Answer 4

The role of dynamic capabilities is to impact on the firm’s extant resource base and transform it in a such way that a new bundle or configuration of resources is created is that the firm can sustain or enhance its competitive advantage.

Question 5

What four outcomes do dynamic capabilities have?

Answer 5

1. Reconfiguration: transformation and recombination of assets and resources
2. Leveraging: replicating a process or system or extending a resource by deploying it into a new domain
3. Learning: Outcome of experimentation, reflecting on failure or success
4. Creative integration: integrate its assets and resources