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Author:Mathews, J. A.
Title:Competitive dynamics and economic learning: an extended resource-based view
Journal:Industrial and Corporate Change
2003 : FEB, VOL. 12:1, p. 115-145
Index terms:LEARNING
COMPETITION
COMPANIES
ECONOMIC CONDITIONS
Language:eng
Abstract:In this paper a conceptual framework for the analysis of economic learning is developed. Economic learning, by analogy with organizational learning, results in the development of economic competences, or capabilities, shared between firms, which rest on a foundation of economic resources, from which value is generated, and economic routines, through which resources are utilized. It is the mobility of resources, and their exchange and production dynamics, along evolutionary pathways, which underpins the plausibility of a notion of economic learning. The paper elaborates this framework as a 'resource-based view' (RBV) of the economy as a whole, as an extension of the RBV of the firm.
SCIMA record nr: 248335
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