Abstract
From a strategic perspective, firms are engaged inevitably in choices, as they seek to make themselves distinctive, either in terms of their activities (competitive forces view) or in terms of resources. In this paper, the two perspectives are combined, so that they generate dual, or complementary, views of the firm, and complementary views of the strategizing process. These views can be linked to a third, namely a view of the firm as a bundle of routines, which embody the firm’s competences, or dynamic capabilities. Strategizing can fruitfully be viewed as choices made by the firm in terms of its constituent resources, activities and routines, and formulated in a general setting of disequilibrium.
| Original language | English |
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| Title of host publication | Papers from the 2nd annual Copenhagen conference on strategic management |
| Place of Publication | Copenhagen, Denmark |
| Publisher | Copenhagen Business School |
| Number of pages | 35 |
| Publication status | Published - 2006 |
| Event | Annual Copenhagen Conference on Strategic Management (2nd : 2006) - Copenhagen, Denmark Duration: 12 Dec 2006 → 13 Dec 2006 |
Conference
| Conference | Annual Copenhagen Conference on Strategic Management (2nd : 2006) |
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| City | Copenhagen, Denmark |
| Period | 12/12/06 → 13/12/06 |