Capabilities and strategy: problems and prospects

Brian Loasby

Industrial and Corporate Change, 2010, vol. 19, issue 4, 1301-1316

Abstract: A capability delivers effective performance within a particular context, relying on domain-relevant classifications and connections. Forms of organization, formal and informal, and internal and external, at many levels, provide a great variety of such contexts for promoting and influencing the growth and application of knowledge; and uncertainty provides both challenges and opportunities to create strategies which develop and apply capabilities. Strategies are fallible conjectures, but contribute to an evolutionary process of self-organization. Copyright 2010 The Author 2010. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

Date: 2010
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