Building Micro-foundations for the Routines, Capabilities and Performance Links

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dc.contributor.author	Abell, Peter
dc.contributor.author	Felin, Teppo
dc.contributor.author	Foss, Nicolai J.
dc.date.accessioned	2009-08-20
dc.date.accessioned	2009-08-20T08:32:38Z
dc.date.available	2009-08-20T08:32:38Z
dc.date.issued	2009-08-20
dc.identifier.isbn	9788778732309
dc.identifier.uri	http://hdl.handle.net/10398/7873
dc.description.abstract	Micro-foundations have become an important emerging theme in strategic management. This paper addresses micro-foundations in two related ways. First, we argue that the kind of macro (or “collectivist”) explanation that is utilized in the capabilities view in strategic management - which implies a neglect of micro-foundations in two related ways. First, we argue that the kind of macro (or "collectivist") explanation that is utilized in the capabilities view in strategic management - which implies a neglect of micro-foundations - is incomplete. There are no mechanisms that work solely on the macro-level, directly connecting routines and capabilities to firm-level outcomes. While routines and capabilities are useful shorthand for complicated patterns of individual action and interaction, ultimately they are best understood at the micro-level. Second, we provide a formal model that shows precisely why macro explanation is incomplete and which exemplifies how explicit micro-foundations may be built for notions of routines and capabilities and for how these impact firm performance.
dc.format.extent	33 s.	en_US
dc.language	eng	en_US
dc.publisher	DRUID	en_US
dc.relation.ispartofseries	DRUID Working Paper;07-02
dc.title	Building Micro-foundations for the Routines, Capabilities and Performance Links	en_US
dc.type	wp	en_US
dc.accessionstatus	modt09aug20 liga	en_US
dc.contributor.corporation	Copenhagen Business School. CBS	en_US
dc.contributor.department	Danish Research Unit for Industrial Dynamics	en_US
dc.contributor.departmentshort	DRUID	en_US
dc.contributor.departmentuk	Danish Research Unit for Industrial Dynamics	en_US
dc.contributor.departmentukshort	DRUID	en_US
dc.idnumber	9788778732309	en_US
dc.publisher.city	Frederiksberg	en_US
dc.publisher.year	2007	en_US