Abstract
Organizational routines and capabilities have become key constructs not only in evolutionary economics, but more recently also in business administration, specifically strategic management. In this chapter we explicate some of the underlying theoretical problems of these concepts, and discuss the need for micro-foundations. Specifically, we focus on some of the explanatory
problems of collective-level theorizing, and what we think are tenuous assumptions about human beings. We argue that individual-level considerations deserve significantly more consideration, and that evolutionary economics and strategic management would be well served by building on methodological individualism
problems of collective-level theorizing, and what we think are tenuous assumptions about human beings. We argue that individual-level considerations deserve significantly more consideration, and that evolutionary economics and strategic management would be well served by building on methodological individualism
| Original language | English |
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| Place of Publication | Frederiksberg |
| Publisher | DRUID - Danish Research Unit for Industrial Dynamics |
| Number of pages | 32 |
| ISBN (Print) | 8778731631 |
| Publication status | Published - 2004 |
| Series | DRUID Working Paper |
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| Number | 04-13 |