Towards an Organizational Economics of Heterogeneous Capabilities

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    Abstract

    The notion of “capability” has long been influential in management research as an approach to address firm-level heterogeneity and heterogeneity in competitive outcomes. I discuss how recent advances in economics may allow for a more rigorous understanding and measurement of capability that take organizational practices into account. However, economists may also learn from work on capabilities in management research.
    Original languageEnglish
    Place of PublicationFrederiksberg
    PublisherInstitut for Strategic Management and Globalization
    Number of pages9
    ISBN (Print)9788791815911
    Publication statusPublished - Sept 2013
    SeriesSMG Working Paper
    Number9/2013

    Keywords

    • Organizational capabilities
    • Productivity
    • Internal organization
    • Organizational economics

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