Articles - Danneels (2002)

6 important questions on Articles - Danneels (2002)

Simply put, a first-order competence is a skill at performing a particular task, whereas a second-order competence is a skill at learning new tasks.

Simply put, a first-order competence is a skill at performing a particular task, whereas a second-order competence is a skill at learning new tasks.

Describe path dependence

path dependence is the dependence of economic outcomes on the path of previous outcomes, rather than simply on current conditions. In a path dependent process, “history matters” — it has an enduring influence. Choices made on the basis of transitory conditions can persist long after those conditions change. Thus, explanations of the outcomes of path-dependent processes require looking at history, rather than simply at current conditions of technology, preferences, and other factors that determine outcomes.

Describe pure exploitation

Competence in existing firm for both technology and customer
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Describe leveraging technological competence

Technology is there but new to customers

Describe leveraging customer competence

Custoemrs existing but new to the firm

Describe pure exploration

New techonology to new customer

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