Dynamic Capabilities
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Author | : David J. Teece |
Publisher | : Oxford University Press on Demand |
Total Pages | : 313 |
Release | : 2009 |
Genre | : Business & Economics |
ISBN | : 019954512X |
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 | : Constance E. Helfat |
Publisher | : John Wiley & Sons |
Total Pages | : 160 |
Release | : 2009-02-09 |
Genre | : Business & Economics |
ISBN | : 1405182067 |
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 | : Vaneet Kaur |
Publisher | : Springer |
Total Pages | : 289 |
Release | : 2019-06-29 |
Genre | : Business & Economics |
ISBN | : 3030216497 |
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 | : David J Teece |
Publisher | : World Scientific |
Total Pages | : 331 |
Release | : 2008-09-10 |
Genre | : Business & Economics |
ISBN | : 9814477664 |
This book explores factors which impact the viability and growth of business enterprises. In particular, the role of entrepreneurship, organizational learning, and business strategy — including licensing strategy — are considered in some detail. It presents fundamental thinking about business organization and provides the conceptual framework that scholars need to understand complex business organization, managerial processes, and competitive strategy.
Author | : Tomás Bayón |
Publisher | : Springer Nature |
Total Pages | : 150 |
Release | : 2021-10-27 |
Genre | : Business & Economics |
ISBN | : 3030831825 |
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 |
Total Pages | : 0 |
Release | : 2013-11-29 |
Genre | : Business & Economics |
ISBN | : 9781137351272 |
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.
Author | : Philip Cordes-Berszinn |
Publisher | : Springer |
Total Pages | : 338 |
Release | : 2013-11-29 |
Genre | : Business & Economics |
ISBN | : 1137351284 |
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.
Author | : Clyde Holsapple |
Publisher | : |
Total Pages | : 780 |
Release | : 2014-01-15 |
Genre | : |
ISBN | : 9783642534447 |
Author | : Achim Althaus |
Publisher | : Cuvillier Verlag |
Total Pages | : 192 |
Release | : 2012-07-10 |
Genre | : Business & Economics |
ISBN | : 373694148X |
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 | : Veselina Stoyanova |
Publisher | : Taylor & Francis |
Total Pages | : 122 |
Release | : 2018-09-05 |
Genre | : Business & Economics |
ISBN | : 0429818890 |
Dynamic Capabilities and Strategic Management is a pioneering book in business studies, one of the most succinct and in-depth examinations of dynamic capabilities, explaining both their foundations and the strategic implications they hold for both academics and practitioners in the field of business strategy, innovation, entrepreneurship and economics. In contrast to earlier works, Teece explains, using the theory of the dynamic capabilities framework, the ways in which companies shape competition itself. Teece’s book has remained one of the most cited works in the fields of business and economics ever since its first publication in 1994.