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: Achim Althaus
Publisher: Cuvillier Verlag
ISBN: 373694148X
Category : Business & Economics
Languages : en
Pages : 192
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Book Description
Dynamic capabilities describe the firms' capacity to adapt their resources with regard to external shifts in order to maintain or to even enlarge competitive advantage. In this essay the author pursues three research objectives regarding dynamic capabilities. First, based on a literature review the author states that no appropriate dynamic capability concept exists that enables an empirical investigation of dynamic capabilities across industries, however, argues that such an investigation is possible, and outlines a first step to do so. The second research objective is focused on the value of dynamic capabilities. Using real option knowledge the author is able to outline a simple mathematical model. The results show that the value of a firm is not only given by the expected value, generated by the firm's resources in place, but also by the firm's options to react to environmental changes. Besides other externally given factors - like market development - the application of dynamic capabilities in terms of time has consequences on the expected firm value. The third research objective deals with the basic challenge of ambidextrous firms to achieve an optimal balance of exploitative and explorative activities with regard to market developments. Again, using real option knowledge the author is able to demonstrate that there exist defined points in time until when to maintain, stress, taper off and finally stop exploitative and explorative activities. A further development of the model even enables the prediction of the value maximizing points in time.
Author: Vaneet Kaur
Publisher: Springer
ISBN: 3030216497
Category : Business & Economics
Languages : en
Pages : 267
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Book Description
This book provides a knowledge-based view to the dynamic capabilities in an organization. The author integrates two existing views on gaining competitive advantage: the Knowledge View which suggests that the capability of organizations to learn faster than competitors is the only source of competitiveness; and the Dynamic Capability View which speculates that a firm’s competitive advantage rests on dynamic capabilities which enable a firm to constantly renew the stock of ordinary organizational capabilities in accordance with the changes in the business environment. Using the IT sector in India as a case study, this book provides and tests a new framework--Knowledge-Based Dynamic Capabilities—in the prediction of competitive advantage in organizations.
Author: Bart Nooteboom
Publisher: Cambridge University Press
ISBN: 1009034103
Category : Business & Economics
Languages : en
Pages : 116
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Book Description
The development of salient ideas and publications on dynamic capabilities is given, extended by ideas outside the literature of strategic management. Dynamic capability is presented as an interdisciplinary subject to which knowledge is central. Diversity of knowledge is treated in terms of cognitive distance, limited through organisational focus. To deal with diversity, development and uncertainty, evolutionary theory and the notion of entropy are used. The relation between individual and organisational knowledge is modelled with the notion of a script and linguistic ideas. The governance of collaborative relations for innovation is discussed, including trust, which are also dynamic capabilities.
Author: Herbert Endres
Publisher: Springer
ISBN: 3658201576
Category : Business & Economics
Languages : en
Pages : 193
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Book Description
This book discusses theories and frameworks addressing the adaptability and sustainable competitive advantages of firms, including dynamic capabilities. This work develops and examines a concept that makes dynamic capabilities more tangible and provides guidance to managers and researchers on how to develop and maintain sustainable competitiveness. The focus thereby lies on sensing, i.e., the capability of firms to recognize opportunities and threats in their environment, and its effect on a firm’s financial success. The insights from this work will shift managers’ attention from the more static resource-based view to the dynamic capabilities perspective on firms.
Author: Andrew M. Hess
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages :
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Book Description
Following the dynamic capabilities perspective, I suggest that antecedents to innovation can be found at the individual, firm, and network level. Thus, I challenge two assumptions common in prior research: (1) that significant variance exists at the focal level of analysis, while other levels of analysis are assumed to be homogeneous, and (2) that the focal level of analysis is independent from other levels of analysis. Accordingly, I advance a set of hypotheses to simultaneously assess the direct effects of antecedents at the individual, firm, and network level on innovation output. I then investigate whether a firm s antecedents to innovation lie across different levels. To accomplish this, I propose two competing interaction hypotheses. I juxtapose the hypothesis that the individual, firm, and network-level antecedents to innovation are substitutes versus the proposition that these innovation mechanisms are complements. I test my multi-level theoretical model using an unusually comprehensive and detailed panel dataset that documents the innovation attempts of global pharmaceutical companies within biotechnology over a 22-year time period (1980-2001). I find evidence that the antecedents to innovation lie across different levels of analysis and can have compensating or reinforcing effects on firm-level innovative output.
Author: Florian Andresen
Publisher: Springer Nature
ISBN: 3658320060
Category : Business & Economics
Languages : en
Pages : 323
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Book Description
In this book Florian Andresen aims to unpack the “capability rigidity paradox” within the dynamic capability view. Consequently, he tackles one of the core challenges in strategic management of the past decades. Providing a novel and thorough literature review on dynamic capabilities from the point of this paradox, the author discusses the current state of the literature to derive the core shortcomings meticulously. A case study of capability evolution in the German Armed Forces is interpreted against the backdrop of a strategy as process and practice lens, thus, allowing to propose the concept of meso‐level dynamic capabilities without falling prey to the capability rigidity paradox.
Author: Bruno F. Abrantes
Publisher: Springer Nature
ISBN: 3031348141
Category : Business & Economics
Languages : en
Pages : 211
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Book Description
This book is about dynamic capabilities (DCs) in the context of the 21st century, in which global challenges seem to come from different quadrants. For instance, an environmental threat to the planet ́s sustainability, or technological advancements disrupting the traditional value chains call for new business models accompanying societal trends. Although the usual approach in dealing with these business models is from a competitiveness perspective, the editors of this book avoid it as the approach seems reductive of what the organizations are required to be aware of and cope with in the modern world only to their organizational ecosystems. The book offers a compilation of studies on dynamic capabilities covering both cognitive and non-cognitive DCs, according to the managerial and leadership aspects of technological capabilities. Each chapter obeys a certain order, within a particular category of DCs, and their reading along the book is telling a story, showing seminal DCs that a company cannot neglect in the current world. Their grouping also is structured in one way that one might be a preparatory reading for another. Researchers working on the dynamic capabilities approach will particularly benefit from the discussions provided within this book.
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: Philip Cordes-Berszinn
Publisher: Palgrave Macmillan
ISBN: 9781349468768
Category : Business & Economics
Languages : en
Pages : 327
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Book Description
The concept of dynamic capabilities, especially in terms of organizational knowledge processes, has become the predominant paradigm for the explanation of competitive advantages. However, major unsolved - or at least insufficiently solved - problems are first their measurement and second their management by concrete managerial options, such as design options of organizational structures. Dynamic Capabilities provides an integrated descriptive model of both dynamic capabilities and organizational structures that allows characterizing, classifying and a comparison. It develops a logic system of a multitude of combinatorial possibilities between their variables, and it develops a complex and integrated system of associated empirically based and qualitatively deduced hypotheses. Therewith, it serves as a terminological and analytical foundation for the identification of knowledge-based dynamic capabilities in organizations and for a targeted design of organizational structures that enable and foster dynamic capability processes such as knowledge transfer and knowledge absorption.
