Changes in technology and demand require firms to learn how to continuously reshape unique and non-imitable resources and competences. A firm's capacity to achieve this is captured by the concept of dynamic capabilities. This book offers an analysis of how firms manage to reconfigure their pool of idiosyncratic resources, skills and competencies to deal with the highly turbulent environments in which they are embedded, thus tackling the issue of how dynamic capabilities must be defined and conceptualized.

This book brings together several contributions aimed at showing how...