The Dynamic Metacapabilities Framework by Harold Paredes-Frigolett

The Dynamic Metacapabilities Framework by Harold Paredes-Frigolett

The view of dynamic capabilities in evolutionary economics as being based on capabilities comprised of routines has so far precluded their integration in evolutionary economics. This Element contributes to such integration by introducing the dynamic metacapabilities framework. Borrowing from quantum mechanics, dynamic metacapabilities assume that resources and capabilities, rather than being created ex-nihilo, result from bundles of information 'decohering ' to bundles of resources and capabilities as new information becomes available to the firm. Operationalized by a management paradigm we call 'quantum management, ' dynamic metacapabilities contribute to integrating dynamic capabilities in evolutionary economics and to resolving the ongoing debate on what dynamic capabilities are by postulating an informational view of the firm according to which firms 'evolve ' with strategy throughout a lifecycle governing the transition from dynamic 'metacapabilities ' to dynamic capabilities and onto ordinary capabilities.

SKU	Unavailable
ISBN 13	9781009627610
ISBN 10	1009627619
Title	The Dynamic Metacapabilities Framework
Author	Harold Paredes-Frigolett
Series	Elements In Evolutionary Economics
Condition	Unavailable
Binding Type	Hardback
Publisher	Cambridge University Press
Year published	2025-02-20
Number of pages	84
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.