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| Author: | Lei, D. Hitt, M. A. Bettis, R. |
| Title: | Dynamic core competences through meta-learning and strategic context |
| Journal: | Journal of Management
1996 : VOL. 22:4, p. 549-569 |
| Index terms: | COMPETITIVE ADVANTAGE ORGANIZATIONAL LEARNING INFORMATION TRANSFER |
| Language: | eng |
| Abstract: | Traditional approaches to studying competitive advantage, while valuable, are not adequate to explain how firms can operate effectively in turbulent and often chaotic environments. A resource or skill-based view focusing on development and application of core competence is offered to supplement the traditional approaches. We present a model of the development and outcomes of dynamic core competences based on organizational meta-learning. A firm's core competence(s) is defined as a set of problem-defining and problem-solving insights that fosters the development of idiosyncratic strategic growth alternatives. |
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