Adapting, Shaping, Evolving: Refocusing on the Dynamic Capabilities–Environment Nexus
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Dynamic capabilities can help organizations thrive amid rapid environmental changes. David Teece, Matteo Cristofaro, and Constance Helfat explore the crucial roles of adaptation and shaping in navigating technological advances, globalization, and societal shifts.
The authors review the evolving nexus between dynamic capabilities and the external environment to understand how firms can achieve evolutionary fitness and seize new opportunities.
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