Concurrent learning: How firms develop multiple dynamic capabilities in parallel

Christopher B. Bingham, Koen H. Heimeriks, Mario Schijven and Stephen Gates ()
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Christopher B. Bingham: UNC - University of North Carolina [Chapel Hill] - UNC - University of North Carolina System
Koen H. Heimeriks: Tilburg University [Netherlands]
Mario Schijven: UIUC - University of Illinois at Urbana-Champaign [Urbana] - University of Illinois System
Stephen Gates: Audencia Recherche - Audencia Business School

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Abstract: Much is known about the importance of dynamic capabilities. Yet, surprisingly little is known about how multiple dynamic capabilities might be developed in parallel, since most existing work explores a particular dynamic capability in isolation. Using rich quantitative and qualitative data on Dow Chemical's acquisitions, joint ventures, and divestitures over the past 20 years, we seek to address this gap. Besides contributing by adding fresh insights about managing growth and the utility of distributed practice, and by shedding light on positive and negative experience transfer, our core contribution is an emergent theoretical framework that develops the concept of "concurrent learning".

Keywords: Learning; Dynamic capabilities; Corporate development; M&A; Growth (search for similar items in EconPapers)
Date: 2015-12
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Citations: View citations in EconPapers (28)

Published in Strategic Management Journal, 2015, 36 (12), pp.1802-1825. ⟨10.1002/smj.2347⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01252834

DOI: 10.1002/smj.2347

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