Firms' boundary choices have undergone careful examination in recent years, particularly in information services. While transaction cost economics provides a widely tested explanation for boundary choice, more recent theoretical work advances competing knowledge-based and measurement cost explanatio
Resource recombinations in the firm: knowledge structures and the potential for schumpeterian innovation
β Scribed by D. Charles Galunic; Simon Rodan
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 78 KB
- Volume
- 19
- Category
- Article
- ISSN
- 0143-2095
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β¦ Synopsis
Building on the resource-based view of the firm, this paper explores the notion of 'resource recombinations' within the firm. We suggest such recombinations can occur when competencies within the firm (which are interpreted as organized clusters of firm resources) either combine to synthesize novel competencies (synthesis-based recombinations) or experience a reconfiguration or relinking with other competencies (reconfiguration-based recombinations). Central to this paper is an examination of the antecedents necessary for such innovation to occur, and in particular the nature of knowledge in the firm. We argue that several characteristics of knowledge (tacitness, context specificity, dispersion) and its social organization (the way competencies come to be formed and institutionalized) will have important consequences on the likelihoods of resource recombinations. Our paper develops a model of resource recombination likelihoods and propositions.
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