Keywords: Cumulative capabilities
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Journal Articles
Management Research Review (2017) 40 (11): 1163–1174.
Published: 20 November 2017
.... The assumption underlying our argumentation is that an organization’s operational processes follow the first law of thermodynamics (the principle of energy conservation). This assumption is based on the following simple (Barbara) syllogism: Cumulative capabilities External trade-offs Internal trade-offs...

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