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Dynamic Capabilities Is the Leveraging and Developing More from the Firm's

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Dynamic capabilities is the leveraging and developing more from the firm's existing assets, capabilities, and core competencies in a way that will provide a sustained competitive advantage.


Definitions:

Actors

Individuals who perform in stage plays, movies, television shows, or other productions, portraying characters.

Wealthy

Having a large amount of money, resources, or assets; rich.

Causal Connection

A relationship where one event (the cause) leads to the occurrence of another event (the effect).

Correlation

When two events occur together regularly at rates higher than probability.

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