Building micro-foundations for the routines, capabilities, and performance links
Working paper
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http://hdl.handle.net/11250/164328Utgivelsesdato
2007-06Metadata
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Sammendrag
Micro-foundations have become an important emerging theme in strategic
management. This paper addresses micro-foundations in two related ways. First, we
argue that the kind of macro (or “collectivist”) explanation that is utilized in the
capabilities view in strategic management ⎯ which implies a neglect of micro-
foundations ⎯ is incomplete. There are no mechanisms that work solely on the
macro-level, directly connecting routines through capabilities to firm-level
outcomes. While routines and capabilities are useful shorthand for complicated
patterns of individual action and interaction, ultimately they are best understood at
the micro-level. Second, we provide a formal model that shows precisely why
macro explanation is incomplete and which exemplifies how explicit micro-
foundations may be built for notions of routines and capabilities and for how these
impact firm performance.
Utgiver
Norwegian School of Economics and Business Administration. Department of Strategy and ManagementSerie
Discussion paper2007:4