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      Technological capability, transactional capability and firm Boundaries Translated title: Capacidad tecnológica, capacidad transaccional y fronteras de las firmas

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          Abstract

          Abstract Although there is research pertaining to the boundaries of firms, this field of study still requires more development. The objective of this paper is to analyse firm boundaries considering technological and transactional capabilities. The method chosen was that of multiple case studies conducted in firms having different technological intensity levels. The main results are contained in three propositions. Firstly, all industrial firms have technological and transactional capability. Secondly, firms with more developed capabilities (technological and transactional) expand their boundaries. Thirdly, the firms are able to expand their boundaries by means of the accumulation of technological capability, transactional capability, or both. As a conclusion to this paper, technological and transactional capabilities are essential for expanding the boundaries of firms at any level of technological intensity.

          Translated abstract

          Resumen Aunque existen estudios sobre los límites de la firma, este campo de estudio sigue siendo un tema que necesita mayor desarrollo. El objetivo de este artículo es analizar los límites de la firma a la luz de las capacidades tecnológica y transaccional. El método utilizado fue el estudio de casos múltiples en firmas de diferentes estratos de intensidad tecnológica. Los principales resultados de este estudio pueden expresarse mediante tres proposiciones. Primero, todas las firmas industriales tienen capacidad tecnológica y capacidad transaccional. Segundo, las firmas con capacidades más desarrolladas (tecnológica y transaccional) amplían sus límites. Tercero, las firmas pueden ampliar sus límites acumulando capacidad tecnológica, capacidad transaccional o ambas. Como conclusión del artículo, las capacidades tecnológicas y transaccionales son esenciales para la expansión de las fronteras de las firmas en cualquier extracto de intensidad tecnológica.

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          Most cited references68

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          An Evolutionary Theory of Economic Change

          This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
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            The Effect of a Market Orientation on Business Profitability

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              A Resource-Based Theory of the Firm: Knowledge Versus Opportunism

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                Author and article information

                Journal
                sdn
                Suma de Negocios
                suma neg.
                Fundación Universitaria Konrad Lorenz (Bogotá, Distrito Capital, Colombia )
                2215-910X
                2027-5692
                December 2021
                : 12
                : 27
                : 124-135
                Affiliations
                [2] Rio Grande Rio Grande do Sul orgnameUniversidade Federal do Rio Grande do Sul Brazil jorgetellogamarra.furg@ 123456gmail.com
                [1] Rio Grande Rio Grande do Sul orgnameUniversidade Federal do Rio Grande do Sul Brazil diogomc2_14@ 123456hotmail.com
                Article
                S2215-910X2021000200124 S2215-910X(21)01202700124
                10.14349/sumneg/2021.v12.n27.a4
                d8e788a1-95f7-4dd3-8404-5b547bd3aaac

                This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

                History
                : 05 June 2021
                : 05 September 2021
                Page count
                Figures: 0, Tables: 0, Equations: 0, References: 68, Pages: 12
                Product

                SciELO Colombia

                Categories
                Research article

                firm,capacidades,firma,capacidad transaccional,capacidad tecnológica,Límites de la firma,capabilities,transactional capability,technological capability,Firm boundaries

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