Abstract
This article provides a conceptual model that explains how the coevolution of organizational knowledge, capabilities, and products over long time spans can result in competitive advantage through innovation and strategic linkage of products at a point in time and over time. At the heart of the model are sequences of products within and across markets, supported by an underlying system of knowledge and systems of learning. This dynamic model brings the importance of the products themselves, supported by vertical chains of activities, into the analysis of resource and knowledge-based competitive advantage. The model also suggests that we can think about the evolution of firms, and by implication the evolution of industries, not only in terms of knowledge and capabilities, but also in terms of vertical chains and products. Short company histories illustrate the workings of the model. Copyright © 2000 John Wiley & Sons, Ltd.
Keywords
Competitive advantageLinkage (software)CoevolutionIndustrial organizationResource (disambiguation)BusinessConceptual modelDynamic capabilitiesProduct (mathematics)Point (geometry)Knowledge managementOrganizational learningComputer scienceMarketing
Affiliated Institutions
Related Publications
Prospering in Dynamically-Competitive Environments: Organizational Capability as Knowledge Integration
Unstable market conditions caused by innovation and increasing intensity and diversity of competition have resulted in organizational capabilities rather than served markets bec...
The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage
In this article we offer a view that suggests that a firm's critical resources may span firm boundaries and may be embedded in interfirm resources and routines. We argue that an...
Firm Resources and Sustained Competitive Advantage
Understanding sources of sustained competitive advantage has become a major area of research in strategic management. Building on the assumptions that strategic resources are he...
Does Governance Matter? <i>Keiretsu</i> Alliances and Asset Specificity as Sources of Japanese Competitive Advantage
This empirical study suggests that Japanese competitive advantage in complex-product industries is at least partly due to differences in value chain governance and interfirm ass...
The cornerstones of competitive advantage: A resource‐based view
Abstract This paper elucidates the underlying economics of the resource‐based view of competitive advantage and integrates existing perspectives into a parsimonious model of res...
Publication Info
- Year
- 2000
- Type
- article
- Volume
- 21
- Issue
- 10-11
- Pages
- 961-979
- Citations
- 834
- Access
- Closed
External Links
Social Impact
Altmetric
PlumX Metrics
Social media, news, blog, policy document mentions
Citation Metrics
834
OpenAlex
Cite This
Constance E. Helfat,
Ruth S. Raubitschek
(2000).
Product sequencing: co-evolution of knowledge, capabilities and products.
Strategic Management Journal
, 21
(10-11)
, 961-979.
https://doi.org/10.1002/1097-0266(200010/11)21:10/11<961::aid-smj132>3.0.co;2-e
Identifiers
- DOI
- 10.1002/1097-0266(200010/11)21:10/11<961::aid-smj132>3.0.co;2-e