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Dynamic capability-based diversification: Implications for economy of scope
- Authors
- Lee, Woong hee
- Issue Date
- Oct-2015
- Publisher
- International Academy of Business & Economics (IAB
- Keywords
- Dynamic competence; Resource sharing; Economy of scope
- Citation
- JOURNAL OF ACADEMY OF BUSINESS AND ECONOMICS, v.15, no.3, pp 85 - 90
- Pages
- 6
- Indexed
- OTHER
- Journal Title
- JOURNAL OF ACADEMY OF BUSINESS AND ECONOMICS
- Volume
- 15
- Number
- 3
- Start Page
- 85
- End Page
- 90
- ISSN
- 1542-8710
2378-8631
- Abstract
- Recent theories on diversification emphasize the importance of resource sharing to achieve economy of scope in new business. However, this view neglects the fact that firms sometimes diversify by utilizing dynamic capability, producing new resources for new business. This paper draw on both dynamic capability and diversification literature to provide a conceptual framework for dynamic capability-based diversification, and shows a new type of economy of scope between two independent businesses.
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Related Researcher
- Lee, Woong hee
- SCHOOL OF BUSINESS (SCHOOL OF BUSINESS ADMINISTRATION)