Nooteboom, B. - Tilburg University, Center for Economic Research - 2006
by which exploitation leads to exploration. These yield a proposal for dynamic capabilities.I discuss in what sense, and … organizational competencies as 'replicators', within industries as 'populations'.Especially, I analyze how, if at all, 'dynamic … capabilities' can be fitted into evolutionary theory.I propose that the prime purpose of an organization is to serve as a cognitive …