search query: @indexterm economic conditions / total: 1703
reference: 61 / 1703
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. |
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