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Author: Tomás Bayón
Publisher: Springer Nature
ISBN: 3030831825
Category : Business & Economics
Languages : en
Pages : 150
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Book Description
Building on the seminal work of David Teece, Kathleen Eisenhardt, Jeffrey Martin, and others, this volume applies the concept of dynamic capabilities to help readers understand how organizations can be successful in highly dynamic environments. The contributions, written by researchers who participated in the research program "Dynamic Capabilities and Relationships" and international researchers who participated in the program’s international conference (both funded by the Dieter Schwarz Foundation), highlight state-of-the-art research on dynamic capabilities and relationships. They also put forward an integrated management approach for the purpose of understanding, analyzing, and managing the successful creation and adaptation of capabilities and relationships.
Author: Tomás Bayón
Publisher: Springer Nature
ISBN: 3030831825
Category : Business & Economics
Languages : en
Pages : 150
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Book Description
Building on the seminal work of David Teece, Kathleen Eisenhardt, Jeffrey Martin, and others, this volume applies the concept of dynamic capabilities to help readers understand how organizations can be successful in highly dynamic environments. The contributions, written by researchers who participated in the research program "Dynamic Capabilities and Relationships" and international researchers who participated in the program’s international conference (both funded by the Dieter Schwarz Foundation), highlight state-of-the-art research on dynamic capabilities and relationships. They also put forward an integrated management approach for the purpose of understanding, analyzing, and managing the successful creation and adaptation of capabilities and relationships.
Author: Christina Ellen Shalley
Publisher: Oxford Library of Psychology
ISBN: 0199927677
Category : Business & Economics
Languages : en
Pages : 561
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Book Description
Creativity can be viewed as the first stage of the overall innovation process, an important dimension of the entrepreneurship and new venture creation processes, and as such, it is considered to be a cornerstone of organizational competitiveness in this global, knowledge-based economy. Research on creativity has increasingly become multilevel, with most work conducted at the individual or team level of analysis. At the same time, there is a large body of research being conducted at the organizational level of analysis on innovation, and there has been a significant amount of entrepreneurship research at the individual level, with an increasing focus on organizational entrepreneurship. However, these three research streams have developed independently, and there has been very little knowledge transfer between the three areas. Because entrepreneurship is often said to be a process that is required to convert innovation into business ventures that will deliver benefits to stakeholders, it is typically driven by an individual or small group of individuals. Creativity research, innovation research, and entrepreneurship research have the potential to inform each other, enriching our knowledge of each area, particularly with regard to the cognitive processes and behaviors that are most effective. This Handbook includes contributions from the leading scholars in these three research areas, who integrate contemporary research findings on organizational creativity, innovation, and entrepreneurship and provide fruitful new research directions."
Author: Constance E. Helfat
Publisher: John Wiley & Sons
ISBN: 1405182067
Category : Business & Economics
Languages : en
Pages : 160
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Book Description
Creating, adapting to, and exploiting change is inherently entrepreneurial. To survive and prosper under conditions of change, firms must develop the “dynamic capabilities” to create, extend, and modify the ways in which they operate. The capacity of an organization to create, extend, or modify its resource base is vital. Since the concept of dynamic capabilities was first introduced, much research has elaborated the initial idea. This important book by Constance Helfat and her team of leading scholars provides a timely focus on in-depth examples of corporate dynamic capabilities. Examining these in the different contexts of alliances, acquisitions, and management, the book gives students and researchers a succinct, up-to-date definition of dynamic capabilities and the strategic management theories around them.
Author: Dewan Lombard
Publisher:
ISBN:
Category : Leadership
Languages : en
Pages : 93
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Book Description
Author: Wei Jiang
Publisher:
ISBN:
Category :
Languages : en
Pages : 732
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Book Description
Why are some firms able to survive and prosper through the recessions, technological revolutions, economic and market changes but others fail? As the business environment is characterised by accelerating pace of changes, this topic has received increasing attention from both academic scholars and industrial practitioners in an attempt to explain sustainable competitive advantage of firms. Establishing business partnerships has long been recognised as one of the most effective ways to help firms manage technological turbulence and dynamic market environments. Thus, this study adopts a promising approach-Dynamic Capability Approach (DCA)-in the context of business partnerships and investigates the role of dynamic capabilities in achieving superior firm performance. DCA has emerged to explore the dynamic capabilities that firms use to purposefully create, modify and re-combine their resources base in response to external market dynamics (Eisenhardt & Martin, 2000; Helfat, et al., 2007; Teece, Pisano, & Shuen, 1997). The central logic of DCA is that dynamic capabilities are higher-order capabilities that persistently transform ordinary organisational resources and capabilities into superior firm performance; they are conceptualised as the sources of firms' sustainable competitive advantage especially in dynamic business environments. Most studies in DCA field are conceptual and explanatory nature and empirical works are rare. The main purpose of this study is to conceptualise and operationalise dynamic capabilities, examine their importance for firm performance as well as their mediating role in the relationship between organisational resources, capabilities and firm performance. Five important dynamic capabilities identified are: integrative capability, agility, network competence, R&D competence, and market orientation. Integrative capability is the ability of firms to promote inter-organisational coordination and manage the complementarity and compatibility of resources and capabilities. Thus, this study also examines the role of integrative capability in enhancing the effect of organisational resources and capabilities on developing new dynamic capabilities.Relationship marketing perspective is incorporated to help explain the variation in organisational performance in business partnerships. To date, very little research has integrated DCA and relationship marketing perspective to study the firms' superior performance. This study is therefore aimed at filling this gap. Firms that are able to generate relational rents are those that are better at managing relational capital than their counterparts. Thus, the study empirically examines the importance of relational capabilities on firm performance and to what extent they enhance the effect of organisational resources and capabilities on superior firm performance and the development of dynamic capabilities. The study context is the Chinese manufacturing sector. Mail survey with structured questionnaire was used to collect date. Senior managers were chosen as key informants since they were assumed to have the broadest knowledge on the partnerships their business had. The sampling frame consisted of Chinese manufacturers with minimum of fifty full-time employees and five years of history in the main industry. A usable sample of 300 was obtained, yielding an effective response rate of 30%. The direct contribution of organisational resources, organisational capabilities, relational capabilities and dynamic capabilities on firm performance was examined using multiple regression. The findings indicate that the most important resources predicting superior performance are reputation for quality and brand reputation. Human resources are related to the achievement of strategic performance, although they do not have a significant effect on marketing effectiveness and financial performance. In terms of organisational capabilities, marketing and technological capabilities are more important predictors of firm performance than manufacturing and managerial capabilities. Surprisingly, learning capability is not directly related to firm performance. The findings also indicate that guanxi (interpersonal relationship) is the most important relational factor, followed by organisational commitment and loyalty to partnerships. Trust and conflict management do not significantly predict firm performance. With regard to dynamic capabilities, the findings indicate integrative capability, agility, network competence, R&D competence, and market orientation significantly predict the firm performance. The set of dynamic capabilities explains the highest variance of firm performance than organisational resources, organisational capabilities and relational capabilities. This suggests that dynamic capabilities are a superior source of firm performance.Structural equation modelling was used to examine the mediating role of relational capabilities and dynamic capabilities in the relationship between organisational resources, capabilities and firm performance. Relational capabilities are the important mechanisms for transmitting the effect of human resources and brand reputation into firm performance, as well as boosting the effect of managerial and marketing capabilities on firm performance and new capabilities. Relational capabilities are also important mechanisms that transform manufacturing, managerial and marketing capabilities into dynamic capabilities.With regard to dynamic capabilities, the findings support that each dynamic capability significantly mediates the relationship between resources and firm performance, particularly financial reputation, brand reputation and human resources. The findings also indicate that dynamic capabilities mediate the relationship between organisational capabilities, firm performance and the development of new capabilities. Among all dynamic capabilities, integrative capability is the strongest mechanism for transforming the capabilities particularly manufacturing, managerial, marketing and learning capabilities into superior firm performance and new capabilities. Integrative capability also enhances the effect of these four capabilities on the development of new dynamic capabilities. Agility and network competence are important mechanisms for transforming manufacturing, managerial and marketing capabilities into performance outcomes. Further, R&D competence enhances the effect of manufacturing and learning capabilities on performance whilst market orientation assists managerial and marketing capabilities in achieving superior performance. The major contribution of this study is to extend the knowledge of DCA by conceptualising, operationalising and empirically testing the importance of dynamic capabilities on firm performance in the context of business partnerships. The study suggests that further investigation in DCA is potentially a productive area to understand competitive advantage and business performance. The study also extends the applicability of DCA by testing the approach in emerging economies. In addition, by incorporating the relationship marketing perspective, the study provides a holistic overview of the major determinants of successful partnerships within the Resource-Based View. Furthermore, the study has implications for managers in that incorporating dynamic capabilities deepens the understanding of determinants of firm performance. Finally, the study implies that establishing business partnerships can be an effective approach to create dynamic capabilities with significant performance implications for the partner organisations.
Author: Rosendahl, Tom
Publisher: IGI Global
ISBN: 146662003X
Category : Business & Economics
Languages : en
Pages : 457
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Book Description
The predicted ICT revolution has gained increasing attention in the oil industry the last few years. It is enabled by the use of ubiquitous real time data, collaborative techniques, and multiple expertises across disciplines, organizations and geographical locations. Integrated Operations in the Oil and Gas Industry: Sustainability and Capability Development covers the capability approach to integrated operations that documents research and development in the oil industry. By capability, we refer to the combined capacity and ability to plan and execute in accordance with business objectives through a designed combination of human skills, work processes, organizational change, and technology. This book will serve as a knowledge base for those who are interested in learning about, and those involved in, Integrated Operations in the Oil and Gas Industry.
Author: Arturo Capasso
Publisher: Edward Elgar Publishing
ISBN: 9781781958780
Category : Business & Economics
Languages : en
Pages : 402
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Book Description
'A remarkably insightful collection of contributions, combining the strategy capability and the knowledge creation and sharing perspectives. Very useful reading for the serious scholar.' - Yves L. Doz, INSEAD, France This volume is the imaginative outcome of several international strategy scholars who have cultivated original research on the broad relationship between strategic capabilities and knowledge transfer at both intra- and inter-organizational levels.
Author: Mitsuru Kodama
Publisher: Springer
ISBN: 3319772406
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
Exploring the theoretical concept of collaborative dynamic capabilities, this book illustrates how service innovation can be achieved in an era of technological convergence. Focusing on e-healthcare systems within hospitals and private businesses, the author provides detailed case studies and answers topical questions about generating service innovation across different industries. Making a new and thought-provoking contribution to research on innovation and technology management, this useful book engages with theory and provides applicable solutions for practitioners to implement in the future.
Author: David J. Teece
Publisher: Oxford University Press on Demand
ISBN: 019954512X
Category : Business & Economics
Languages : en
Pages : 313
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Book Description
How do firms grow? How do firms compete? An influential answer to these fundamental questions of business strategy lies in the concept of dynamic capabilities. David Teece provides a clear statement of his ideas, and a framework for managers wishing to assess their organization's strategy.
Author: Fred Strønen
Publisher:
ISBN:
Category :
Languages : en
Pages : 28
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Book Description
In this explorative study, we investigate the relationship between dynamic capabilities and innovation capabilities. Dynamic capabilities are at the core of strategic management in terms of how firms can ensure adaptation to changing environments over time. Our paper follows two paths of argumentation. First, we review and discuss some major contributions to the theories on ordinary capabilities, dynamic capabilities, and innovation capabilities. We seek to identify different understandings of the concepts in question, in order to clarify the distinctions and relationships between dynamic capabilities and innovation capabilities. Second, we present a case study of the 'Innovation Clinic' at a major university hospital, including four innovation projects. We use this case study to explore and discuss how dynamic capabilities can be extended, as well as to what extent innovation capabilities can be said to be dynamic. In our conclusion, we discuss the conditions for nurturing 'dynamic innovation capabilities' in organizations.
