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


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

Show simple item record Abell, Peter en_US Felin, Teppo en_US Foss, Nicolai en_US 2009-02-04T10:27:26Z 2009-02-04T10:27:26Z 2007-02-13T00:00:00Z en_US
dc.identifier.isbn 9788791815003 en_US
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 - 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. Keywords: Routines, capabilities, micro-foundations, production function. JEL Code: L2, M1 en_US
dc.format.extent 40 s. en_US
dc.language eng en_US
dc.relation.ispartofseries SMG Working paper;2007-001 en_US
dc.title Building Micro-Foundations for the Routines, Capabilities, and Performance Links en_US
dc.type wp en_US
dc.accessionstatus modt07feb13 mielmo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Center for Strategi og Globalisering en_US
dc.contributor.departmentshort SMG en_US
dc.contributor.departmentuk Center for Strategic Management and Globalization en_US
dc.contributor.departmentukshort SMG en_US
dc.description.notes Version: February 3, 2007 en_US
dc.idnumber 9788791815003 en_US København en_US
dc.publisher.year 2007 en_US

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