Resources, Capabilities, and Routines in Public Organizations
36 Pages Posted: 9 Feb 2010
Date Written: February 9, 2010
States, state agencies, multilateral agencies, and other non-market actors are relatively under-studied in strategic management and organization science. While important contributions to the study of public actors have been made within the agency-theoretic and transaction-cost traditions, there is little research in political economy that builds on resource-based, dynamic capabilities, and behavioral approaches to the firm. Yet public organizations can be characterized as stocks of human and non-human resources, including routines and capabilities; they can possess excess capacity in these resources; and they may grow and diversify in predictable patterns according to behavioral and Penrosean logic. This paper shows how resource-based, dynamic capabilities, and behavioral approaches to understanding public agencies and organizations shed light on their nature and governance.
Keywords: Resource-based view, dynamic capabilities, behavioral view, public organizations
JEL Classification: L21, L22, L33, H11
Suggested Citation: Suggested Citation