Journal Article

Alfred Chandler and “capabilities” theories of strategy and management

David J. Teece

in Industrial and Corporate Change

Volume 19, issue 2, pages 297-316
Published in print April 2010 | ISSN: 0960-6491
Published online March 2010 | e-ISSN: 1464-3650 | DOI: https://dx.doi.org/10.1093/icc/dtq008
Alfred Chandler and “capabilities” theories of strategy and management

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  • Industrial History
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Alfred D. Chandler's scholarship on the large industrial enterprise has deepened understanding of economic development, and helped establish the field of strategic management research. Chandler’s monumental work emphasized the importance of organizational innovation, managerial acumen and business performance. A particular contribution was the support provided for a “capabilities” theory of the business enterprise. This article also looks at recent developments in industrial organization that are less well explained and appreciated in the Chandler framework.

Journal Article.  7602 words. 

Subjects: Industrial History ; Business History ; Innovation ; Technological Change; Research and Development ; Industry Studies

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