Read the summary and the most important questions on The dynamic resource-based view: Capability Lifecycles.

• 1 Introduction

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• What do dynamic capabilites involve?

  Adaption and change

• How do nodynamic capabilities change?

  Through the action of dynamic capabilities

• Do all capabilities have the potential to change?

  While some capabilities may deal specifically with adaptation, learning, and change processes, all capabilities have the potential to accommodate change.

• What is an operational capability?

  Generally involves performing an activity, such as manufacturing a particular product, using a collection of routines to execute and coordinate the variety of tasks required to perform the activity. 

• 2 The Capability Lifecycle: Overview

• What is a capability lifecycle?

  A general pattern and set of possible paths that characterize the evolution of an organizational capability. The framework is sufficiently general to incorporate the emergence, development, and progression of virtually any type of capability in any type of organizational setting, ranging from small start-ups to large diversified firms.

• 2.1 Stages of an Initial Capability Lifecycle

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• What is the founding stage?

  The founding stage begins when a group of individuals organizes around an objective requiring or centrally involving the creation of a capability. 

• What are the 2 general requirements of the founding stage?

  1. An organized group or team, having some type of leadership and capable of joint action;
     
  2. A central objective, the achievement of which entails the creation of a new capability.
     

• When does the development stage begin?

  After the team has organized itself around the objective of developing a particular capability.  

• What happens in the development stage?

  The capability develops through search by the team for viable alternatives for capability development, combined with accumulation of experience over time.

• Where does capability development depend on?

  • The prior experience of the team 
    
  • On the initial path chosen
    
  • On the success of the initial alternative
    
  • On new alternatives that appear reasonable based on the initial development path (reflecting local search)
    
  • On choices made within the limited set of alternatives.