Comprehensive lecture notes for Session 5.2 of Theories of Strategy (MSc BA Strategy, UvA), covering the Dynamic Capabilities View and Resource-Based View III. The document explores Teece, Pisano & Shuen's (1997) seminal DCV paper, evolutionary theory foundations, Winter's capabilities and routines framework, and Stoelhorst & Bridoux's (2015) 3R configuration model, with detailed analysis of processes, positions, paths, and the critique of DCV theory. Ideal for exam preparation on 12 Oc...