Abstract

In this chapter we review extant literature on dynamic capabilities with a view to move the debate towards the development of a positive theory on antecedents, consequences, and boundary conditions to the development and effectiveness of dynamic capabilities. To do so we propose to broaden the definition of the object of change beyond purely behavioral constructs such as processes and routines and to embrace the challenge of understanding how firms learn to influence the evolution of subtler aspects of human nature, and fundamental behavioral antecedents, such as emotions, motivation, and identity.