Dynamic Capabilities
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Dynamic Capabilities And Strategic Management
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Author : David J. Teece
language : en
Publisher: OUP Oxford
Release Date : 2009-03-26
Dynamic Capabilities And Strategic Management written by David J. Teece and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-03-26 with Business & Economics categories.
How do firms compete? How do firms earn above normal returns? What's needed to sustain superior performance long term? An increasingly powerful answer to these fundamental questions of business strategy lies in the concept of dynamic capabilities. These are the skills, processes, routines, organizational structures, and disciplines that enable firms to build, employ, and orchestrate intangible assets relevant to satisfying customer needs, and which cannot be readily replicated by competitors. Enterprises with strong dynamic capabilities are intensely entrepreneurial. They not only adapt to business ecosystems; they also shape them through innovation, collaboration, learning, and involvement. David Teece was the pioneer of the dynamic capabilities perspective. It is grounded in 25 years of his research, teaching, and consultancy. His ideas have been influential in business strategy, management, and economics, and are relevant to innovation, technology management, and competition policy. Through his consultancy and advisory work he has also brought these ideas to bear in business and policy making around the world. This book is the clearest and most succinct statement of the core ideas of dynamic capabilities. Teece explains their genesis, application, and how they offer an alternative approach to much conventional strategic thinking grounded in simplistic and outdated understandings of industrial organizations and the foundations of competitive advantage. Accessibly written and presented, it will be an invaluable and stimulating tool for all those who want to understand this important contribution to strategic thinking, be they MBA students, academics, managers, or consultants.
Dynamic Capabilities
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Author : Constance E. Helfat
language : en
Publisher: John Wiley & Sons
Release Date : 2009-02-09
Dynamic Capabilities written by Constance E. Helfat and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-02-09 with Business & Economics categories.
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.
Dynamic Capabilities
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Author : David J. Teece
language : en
Publisher: Cambridge University Press
Release Date : 2025-07-31
Dynamic Capabilities written by David J. Teece and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-07-31 with Business & Economics categories.
The dynamic capabilities framework outlines the means by which the managers of business enterprises foster and exercise organizational and technological capabilities and business strategy to address current and anticipated market and geopolitical conditions. In a firm with strong dynamic capabilities, managers can establish and periodically renew the competitive advantage of the business enterprise by not just responding to but shaping the business environment. This Element relates the dynamic capabilities framework to important concepts from the business and economics literature, demonstrating how it applies to today's business challenges. It also offers a capabilities perspective on a theory of the firm. Most existing theories of the firm caricature today's business enterprise. For advanced students of business, this Element provides a deeper understanding of the dynamic capabilities framework. For managers and boards, it shows how the analytical tools and mindsets that help to make their firms future-ready can be better understood in terms of the dynamic capabilities framework. This Element is also available as Open Access on Cambridge Core.
Knowledge Based Dynamic Capabilities
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Author : Vaneet Kaur
language : en
Publisher: Springer
Release Date : 2019-06-29
Knowledge Based Dynamic Capabilities written by Vaneet Kaur and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-29 with Business & Economics categories.
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.
An Analysis Of David J Teece S Dynamic Capabilites And Strategic Management
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Author : Veselina Stoyanova
language : en
Publisher: Taylor & Francis
Release Date : 2018-09-05
An Analysis Of David J Teece S Dynamic Capabilites And Strategic Management written by Veselina Stoyanova and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-05 with Business & Economics categories.
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.
Process Oriented Dynamic Capabilities
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Author : Ralf Plattfaut
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-12-02
Process Oriented Dynamic Capabilities written by Ralf Plattfaut and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-02 with Business & Economics categories.
This book introduces a process-oriented dynamic capability framework to study both, service innovation and Business Process Management (BPM). Results from applications in several case studies and surveys are reported. They reflect, e.g., capability development and maturity models. Based on these findings, a method to support service innovation is introduced. This method can help organizations in developing new service business models in a more effective and efficient way. In today's networked service society, service innovation becomes increasingly important. Reasons for this development can be found in the transformation of economies and in the growing importance of product-service systems. The concept of service innovation is related to Business Process Management (BPM) and shares several important traits. They both are process-oriented dynamic capabilities to adapt (service) processes to changing environments.
Dynamic Capabilities
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Author : Philip Cordes-Berszinn
language : en
Publisher: Springer
Release Date : 2013-11-29
Dynamic Capabilities written by Philip Cordes-Berszinn and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-29 with Business & Economics categories.
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.
Adaptability Through Dynamic Capabilities
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Author : Herbert Endres
language : en
Publisher: Springer
Release Date : 2017-11-08
Adaptability Through Dynamic Capabilities written by Herbert Endres and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-08 with Business & Economics categories.
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.
Dynamic Capabilities And Relationships
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Author : Tomás Bayón
language : en
Publisher: Springer Nature
Release Date : 2021-10-27
Dynamic Capabilities And Relationships written by Tomás Bayón and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-27 with Business & Economics categories.
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.
Dynamic Capabilities
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Author : Achim Althaus
language : en
Publisher: Cuvillier Verlag
Release Date : 2012-07-10
Dynamic Capabilities written by Achim Althaus and has been published by Cuvillier Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07-10 with Business & Economics categories.
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.