Reconfiguring the Firm’s Assets for Innovation

Authors

DOI:

https://doi.org/10.4067/S0718-27242020000100027

Keywords:

Dynamic capabilities, Innovation, Furniture industry.

Abstract

The innovation process and the generation of sustainable competitive advantage are permanently on the agenda in technology management. According to Teece (2007), one way to achieve a competitive advantage is to develop dynamic capabilities, a process in which the author identifies three moments: i) to perceive and shape opportunities and threats (sensing), ii) to grasp the opportunities (seizing), iii) to increase, to combine, to secure and, when necessary, to reconfigure the tangible and intangible assets. The aim of this paper is to investigate how the strategic internal changes were introduced to influence on developing the innovation capability in order to sustain and expand the competitive advantages of the firm. To do so, a case study was carried out in a firm that work within the furniture sector more than 30 years and took decision to increase its competitive advantage by investing in product design, what created conditions for the development of new capabilities. Interviews were conducted using questions that allowed the respondents to freely express their experiences and perceptions about the changes that have occurred in their sectors as a result of this process and was possible to identify the intensity of reconfigurations in capabilities that resulted from the creation of the Design Center.

Downloads

Download data is not yet available.

References

Afuah, A.N. (2002) Mapping Technological capabilities into product markets and competitive advantage. Strategic Management Journal, 23, pp. 171-179.

Alford, P. (2018) Understanding collaborative innovation from a dynamic capabilities perspective. International Journal of Contemporary Hospitality Management. vol. 30 No. 6, pp. 2396-2416 Emerald Publishing Limited 0959-6119 DOI 10.1108/IJCHM-08-2016-0426

Alves, A. C.; Barbieux, D.; Reichert, F. M.; Tello-Gamarra, J.; Zawislak, P. A. (2017) Innovation and Dynamic Capabilities of the Firm: Defining an Assessment Model. RAE, São Paulo, v. 57, n. 3, maio-jun, 232-244.

Argyres, N. (1996) Evidence on the role of firm capabilities in vertical integration of learning and transaction cost perspectives. Academy of Management Journal, 17(2): pp. 129-150.

Augier, M; Teece, D. (2009) Dynamic Capabilities and the Role of Managers in Business Strategy and Economic Performance. Organization Science 20(2): pp. 410-421.

Bardin, L. Content analysis. São Paulo, SP: Edições 70, 2011. 279

Barnard, C. (1966) The Functions of the Executive. Harvard University Press, Cambridge.

Barney, J. (1991) Firm resource and sustained competitive advantage. Journal of Management, 17 (1): pp. 99-120.

Bell, M. Pavitt, K. (1995) The development of technological capabilities. Trade, Technology and International Competitiveness. Economic Development Institute of the World Bank, pp. 69-100.

Becker. G. (1962) Investment in Human Capital: A Theoretical Analysis. Journal of Political Economy, 70(5): pp. 9-49.

Beltagui, A. (2018) A design-thinking perspective on capability development: The case of new product development for a service business model. International Journal of Operations & Production Management. Vol. 38 No. 4, pp. 1041-1060 Emerald Publishing Limited 0144-3577 DOI 10.1108/IJOPM-11-2016-0661

Burgelman, R.A. (1994) Fading Memories: A Process Theory of Strategic Business Exit in Dynamic Environments. Administrative Science Quarterly, 39: pp. 24-56.

Chandler, A.D., Jr. (1977) The Visible Hand. Cambridge, Mass. and London, England: The Belknap Press of Harvard University Press.

________________. (1992) Organizational capabilities and the economic history of industrial enterprise. Journal of Economic Perspectives, 6(3): pp. 79-100.

Christensen, J.F. (1995) Asset profiles for technological innovation. Research Policy, 24(5): pp. 727-745.

Coase, R. (1937) The nature of the firm. Economica, 4(16): pp. 386-405.

Darawong, C. (2018) Dynamic capabilities of new product development teams in performing radical innovation projects. International Journal of Innovation Science. vol. 10 No. 3, pp. 333-349 Emerald Publishing Limited 1757-2223 DOI 10.1108/IJIS-07-2017-0060

Dosi, G. (1988) Sources, procedures and microeconomic effects of innovation. Journal of Economic Literature, 26(3): pp. 1120-1171.

Eisenhardt, K. M. (1989) Building Theories from Case Study Research. The Academy of Management Review, Vol. 14, No. 4 (October), pp. 532-550

Eisenhardt, K.; Martin, J. (2000) Dynamic capabilities: What are they? Strategic Management Journal, 21(10-11): pp. 105-121.

Fallon-Byrne, L.; Harney, B. (2017) Microfoundations of dynamic capabilities for innovation: a review and research agenda. Irish Journal of Management. V.36 (1) 21-31 DOI: 10.1515/ijm-2017-0004

Felin, T.; Powell, T. C. (2016) Designing Organizations for Dynamic Capabilities. California Management Review Vol. 58, No. 4 Summer University of California, Berkeley

Freeman, C. (1994) The Economics of Technical Changes. Cambridge Journal of Economics, 18: pp. 463-514.

Furtado, A.T.; Carvalho, R. Q. (2005) Padrões de Intensidade Tecnológica da Indústria Brasileira – um estudo comparativo com os países centrais. São Paulo em Perspectiva, 19(1): pp. 70-84.

Guan, J.; Ma, N. (2003) Innovative Capability and export performance of Chinese Firms. Technovation, 23 (9): pp. 737-747.

Hashim, N. A. B.; Raza, S.; Minai, M. S. (2018) Relationship Between Entrepreneurial Competencies And Small Firm Performance: Are Dynamic Capabilities The Missing Link? Academy of Strategic Management Journal v.17, n.2.

Helfat, C.E.; Peteraf, M.A. (2003) The dynamic resource-based view: Capacidade lifecycles. Strategic Management Journal, Special Issue 24: pp. 997-1010.

Krzakiewicz, K.; Cyfert, S. (2017) Dynamic capabilities in strategic choice processes within organisations. Management. Vol. 21, No. 1. DOI: 10.1515/manment-2015-0077

Laaksonen, O.; Peltoniemi, M. (2018) The Essence of Dynamic Capabilities and their Measurement. International Journal of Management Reviews, Vol. 20, 184–205 DOI: 10.1111/ijmr.12122

Langlois, R.N. (1992)Transaction-cost economics in real time. Industrial and Corporate Change, 1: pp. 99-127.

Langlois, R.N.; Foss, N.J. (1999) Capability and Governance: The rebirth of production in the theory of economic organization. Kyklos.

Lall, S. Technological Capabilities and Industrialization. World Development, 20: pp. 165-186.

Lawson, B.; Samson, D. (2001) Developing Innovation Capability in Organizations: a dynamic capabilities approach. International Journal of Innovation Management, 5(3): pp. 377-400.

Lewin, A.Y.; Massini, S. (2003) Knowledge creation and organizational capability of innovating and imitating firms, in: TSOUKAS H.; MYLONOPOULOS, N. (ORG.) Organizations as knowledge Systems: Knowledge, Learning and Dynamic Capabilities, pp. 209-237. New York: Palgarve MacMillan.

Madhok, A. (1996) The organization of economic activity: transaction costs, firm capabilities and the nature of governance. Organization Science, 7(5): pp. 577–590.

Massini, S.; Lewin, A.Y.; Greve, H.E. (2003) Innovators and Imitators: organizational reference groups and adoption of organizational routines.

Mayer, K; Salomon, R. (2006) Contract design as a firm Capability: an integration of learning and transaction cost perspectives. Academy of Management Review, 49(5): pp. 942-959.

Macphersona, A., Herbaneb, B., Jones, O. (2015) Developing dynamic capabilities through resource accretion: expanding the entrepreneurial solution space. Entrepreneurship & Regional Development, Vol. 27, Nos. 5–6, 259–291, http://dx.doi.org/10.1080/08985626.2015.1038598

Mintzberg, H. (1973) The Nature of Managerial Work. Harper & Row, New York.

Nelson, R. R.; Winter, S.G. (1982) An evolutionary theory of economic change. Cambridge: Harvard University Press.

OECD. (2003) Organization for Economic Co-operation and Development. Technology intensity definition. ISIC rev. 3, 2003. Available at: <http://www.oecd.org/dataoecd/43/41/48350231.pdf>. Accessed in 30.abr.2013.

Qaiyuma, S.; Wang, C. L. (2018) Understanding internal conditions driving ordinary and dynamic capabilities in Indian high-tech firms. Journal of Business Research 90, 206–214

Penrose, E. (1959) The Theory of the growth of the Firm. Oxford University Press.

Reichert, F. M.; Beltrame, R. S.; Corso, K.B.; Trevisan, M; Zawislak, P.A. (2011) Technological Capabilities Predictor Variables. Journal of Technology Management and Innovation, 2: pp. 41-50.

Richardson, G.B. (1972) The Organization of industry. Economic Journal, 82, pp. 883-896.

Schriber, S., Löwstedt, J. (2018) Managing asset orchestration: A processual approach to adapting to dynamic environments. Journal of Business Research 90 307–317 https://doi.org/10.1016/j.jbusres.2018.05.027

Schumpeter, J. (1912) The Theory of Economic Development. Harvard University Press, Cambridge.

Takahashi, A. R. W.; Bulgacov, S.; Bitencourt, C. C.; Kaynak, H. (2017) Expanding the Dynamic Capabilities View: Special Contributions. RAE, São Paulo, v. 57, n. 3, maio-jun, 209-214.

Teece, D.J. (1986) Profiting from Technological Innovation. Research Policy, 15: pp. 285-305.

_________. (2006) Reflections on “Profiting from Innovation”. Research Policy, 35: pp. 1131-114.

_________. (2007) Explicating dynamic capabilities: The nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28(13): pp. 1319-1350.

Teece, D. J.; Pisano, G.; Shuen, A. (1997) Dynamic Capabilities and Strategic Management. Strategic Management Journal, 18: pp. 509-533.

Teece, D.; Leih, S. (2016) Uncertainty, Innovation, and Dynamic Capabilities: An Introduction. California Management Review. Vol. 58, No. 4. Summer.

Tello-Gamarra, J.E.; Zawislak, P.A. (2013) Transactional capability: Innovation´s missing link. Journal of Economics, Finance and Administrative Science, 18(34): pp. 2-8.

Terziovski, M. (2007) Building Innovation Capability in Organizations – An International Cross-Case Perspective. Imperial College Press.

Williamson, O. (1985) The Economic Institutions of Capitalism. Free Press, New York.

Winter, S. (2003) Understanding dynamics capabilities. Strategic Management Journal, 24(10): pp. 991-9995.

Yam, R.; Lo, W.; Tang, E.; Lau, A. (2011) Analysis of sources of innovation, technological innovation capabilities, and performance: An empirical study of Hong Kong manufacturing industries. Research Policy, 40 (3), pp. 737-747.

Yin, R. K. (2010) Estudo de Caso – Planejamento e Métodos, 4ª. ed, Porto Alegre, Bookman.

Zahra, S.A.; Sapienza, H.J.; Davidson, P. (2006) Entrepreneurship and Dynamic Capabilities: A Review, Model and Research Agenda. Journal of Management Studies 43(4): pp. 917-955.

Zawislak, P.A.; Alves, A.C.; Tello-Gamarra, J.; Barbieux, D.; Reichert, F.M. (2012) Innovation Capability: From Technology Development to Transaction Capability. Journal of Technology Management & Innovation, 7(2): pp. 14-27.

Zawislak, P.A.; Zen, A.C.; Fracasso, E.M.; Reichert, F.M.; Pufal, N.A. (2013) Types of Innovation in low-technology firms of emerging markets: an empirical study in Brazilian industry. RAI – Revista de Administração e Inovação, São Paulo, 10(1): pp. 04-27.

Zawislak, P.A.; Tello-Gamarra, J.; Alves, A.C.; Barbieux, D.; Reichert, F.M. (2013) 22nd International Conference on Management of Technology – IAMOT. Porto Alegre, 14-18 abril.

Zawislak, P.A.; Fracasso, E.M; Tello-Gamarra, J.E. (2013) Intensidade Tecnológica e Capacidade de Inovação de Firmas Industriais. XV Congresso da Associação Latino Ibero Americana de Gestão de Tecnologia, ALTEC.

Downloads

Published

2020-05-29

How to Cite

Schreiber, D., Tometich, P., Zen, A. C., & Engelman, R. (2020). Reconfiguring the Firm’s Assets for Innovation. Journal of Technology Management & Innovation, 15(1), 27–39. https://doi.org/10.4067/S0718-27242020000100027

Issue

Section

Research Articles

Similar Articles

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 > >> 

You may also start an advanced similarity search for this article.