Concurrent learning: How firms develop multiple dynamic capabilities in parallel. (8th January 2015)

• Record Type: Journal Article
• Authors: Bingham, Christopher B.; Heimeriks, Koen H.; Schijven, Mario; Gates, Stephen
• Is Part Of: Strategic management journal. Volume 36:Number 12(2015:Dec.)
• Page Start: 1802
• Page End: 1825
• Publication Date: 2015-01-08
• Subjects: Business planning -- Periodicals; Management -- Periodicals; Business -- Periodicals; 658.401205
• DOI: 10.1002/smj.2347
• Languages: English
• ISSNs: 0143-2095

Abstract

<abstract abstract-type="main" id="smj2347-abs-0001"> <title> <x xml:space="preserve">Abstract</x> </title> <p id="smj2347-para-0001"> <italic>Much is known about the importance of dynamic capabilities. Yet, surprisingly little is known about how multiple dynamic capabilities might be developed in parallel, since most existing work explores a particular dynamic capability in isolation. Using rich quantitative and qualitative data on Dow Chemical's acquisitions, joint ventures, and divestitures over the past 20 years, we seek to address this gap. Besides contributing by adding fresh insights about managing growth and the utility of distributed practice, and by shedding light on positive and negative experience transfer, our core contribution is an emergent theoretical framework that develops the concept of "concurrent learning. "</italic> Copyright © 2014 John Wiley &amp; Sons, Ltd.</p> </abstract>