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The Elephant in the Room of Dynamic Capabilities: Bringing Two Diverging Conversations Together

Author

Listed:
  • Peteraf, Margaret A.
  • Di Stefano, Giada
  • Verona, Gianmario

Abstract

A critical issue has been absent from the conversation on dynamic capabilities: the two seminal papers represent not only different but contradictory understandings of the construct’s core elements. Here, we explore the reasons for this, using author co-citation analysis to inform our analysis. Our findings suggest that the field is being socially constructed on the basis of two separate domains of knowledge and that underlying structural impediments have impeded dialog across the domains. In light of this evidence, then, we take up the challenge to find a solution to this dilemma. By employing a contingency-based approach, we show that there are ways to unify the field that rely, paradoxically, on integrating the two contradictory views, while still preserving the assumptions that led to their differences.

Suggested Citation

  • Peteraf, Margaret A. & Di Stefano, Giada & Verona, Gianmario, 2012. "The Elephant in the Room of Dynamic Capabilities: Bringing Two Diverging Conversations Together," HEC Research Papers Series 1001, HEC Paris.
  • Handle: RePEc:ebg:heccah:1001
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    Cited by:

    1. Silvio Popadiuk & Aruana Rosa Souza Luz & Caroline Kretschmer, 2018. "Dynamic Capabilities and Ambidexterity: How are These Concepts Related?," RAC - Revista de Administração Contemporânea (Journal of Contemporary Administration), ANPAD - Associação Nacional de Pós-Graduação e Pesquisa em Administração, vol. 22(5), pages 639-660.

    More about this item

    Keywords

    dynamic capabilities; co-citation analysis; development path; resource-based; dynamic bundles;
    All these keywords.

    JEL classification:

    • G00 - Financial Economics - - General - - - General

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