Concurrent learning: How firms develop multiple dynamic capabilities in parallel

Christopher B. Bingham, Koen H. Heimeriks, Mario Schijven, Stephen Gates

Research output: Contribution to journalArticle

Abstract

Much is known about the importance of dynamic capabilities. Yet, surprisingly little is known about how multiple dynamic capabilities might be developed in parallel, since most existing work explores a particular dynamic capability in isolation. Using rich quantitative and qualitative data on Dow Chemical's acquisitions, joint ventures, and divestitures over the past 20 years, we seek to address this gap. Besides contributing by adding fresh insights about managing growth and the utility of distributed practice, and by shedding light on positive and negative experience transfer, our core contribution is an emergent theoretical framework that develops the concept of "concurrent learning. "

Original languageEnglish (US)
Pages (from-to)1802-1825
Number of pages24
JournalStrategic Management Journal
Volume36
Issue number12
DOIs
StatePublished - Dec 2015

Keywords

  • M&A
  • corporate development
  • dynamic capabilities
  • growth
  • learning

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management

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