Journal Article
In an era where firms face rapid technological and societal changes, the field of strategic management must continually evolve to cater to contemporary challenges. Foundational scholars, Professors David Teece, Daniel Levinthal, and Constance Helfat, offer insights into this necessary evolution.
Teece, influenced by his interactions with Silicon Valley, has enriched our understanding of dynamic capabilities and the intricacies of competitive advantage.
Levinthal, a key figure in organizational learning, search, and adaptation, provides tools for comprehending the intricacies of organizational learning, spanning areas from technological shifts to intra-organizational dynamics.
Helfat illuminates the firm’s capacity to change, emphasizing dynamic capabilities and the essential role of
managers as capability micro-foundations.
A recurring theme across their works is the importance of intellectual cross-pollination and tackling fundamental, big-picture issues.
The authors' collective insights emphasize the importance of adaptability, innovation, and a deep understanding of the evolving landscape, ensuring the continued relevance and impact of strategic management.
