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041 _afre
042 _adc
100 1 0 _aLaperche, Blandine
_eauthor
245 0 0 _aThe evolution of business trajectories and innovation: Knowledge capital and financial opportunities
260 _c2020.
500 _a26
520 _aAccording to the evolutionary approach, technological progress is not an exogenous phenomenon but rather depends on a set of socioeconomic and institutional conditions. Within the framework of technological paradigms, technological trajectories emerge, within which companies build their path. In this paper, we return to the concepts of paradigm and trajectory and seek to identify the main factors in the evolution of firms. Dynamic capabilities, at the origin of new organizational routines, are at the heart of companies’ strategies for mastering the direction of technical progress. The constant enrichment of knowledge capital, a set of information and knowledge produced, acquired, and systematized by one or more firms with a view to production and, more broadly, the generation of value, is an illustration of this. However, the financialization of economies largely influences corporate governance and becomes a determining factor in the evolution of the trajectories of companies.JEL codes: L20, M20
690 _adynamic capacities
690 _atechnological trajectory
690 _aknowledge capital
690 _afinance
690 _atechnological paradigm
690 _adynamic capacities
690 _atechnological trajectory
690 _aknowledge capital
690 _afinance
690 _atechnological paradigm
786 0 _nMarché et organisations | o 39 | 3 | 2020-10-05 | p. 91-110 | 1953-6119
856 4 1 _uhttps://shs.cairn.info/journal-marche-et-organisations-2020-3-page-91?lang=en
999 _c185924
_d185924