Business Model Innovation As A Dynamic Capability

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Business Model Innovation as a Dynamic Capability

Marc Sniukas
Business Model Innovation as a Dynamic Capability Book PDF

Author : Marc Sniukas
Publisher : Springer
Page : 202 pages
File Size : 43,7 Mb
Release : 2021-07-23
Category : Business & Economics
ISBN : 3030501027

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Business Model Innovation as a Dynamic Capability by Marc Sniukas Pdf

This study adopts a dynamic capabilities perspective to explore the activities and processes through which business model innovations arise in established organisations. New and innovative business models are fundamental to the commercialisation of the latest technologies, performance, and competitive advantage, as well as value creation for customers, the focal company and its ecosystem. Yet, our current understanding of how established companies design and implement new business models is limited by a lack of empirical research. Based on a review of relevant literature, business model innovation is presented and explored as a dynamic capability. The book subsequently uses proven methodologies to gather and analyse data from five case studies in the manufacturing, financial services, media, consulting, and healthcare industries. The framework developed here offers a novel understanding of how business model innovations come about in established organisations, a practice it dubs ‘crafting business models in statu nascendi’.

Business Model Innovation as a Dynamic Capability

Marc Sniukas
Business Model Innovation as a Dynamic Capability Book PDF

Author : Marc Sniukas
Publisher : Springer Nature
Page : 215 pages
File Size : 53,9 Mb
Release : 2020-07-21
Category : Business & Economics
ISBN : 9783030501006

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Business Model Innovation as a Dynamic Capability by Marc Sniukas Pdf

This study adopts a dynamic capabilities perspective to explore the activities and processes through which business model innovations arise in established organisations. New and innovative business models are fundamental to the commercialisation of the latest technologies, performance, and competitive advantage, as well as value creation for customers, the focal company and its ecosystem. Yet, our current understanding of how established companies design and implement new business models is limited by a lack of empirical research. Based on a review of relevant literature, business model innovation is presented and explored as a dynamic capability. The book subsequently uses proven methodologies to gather and analyse data from five case studies in the manufacturing, financial services, media, consulting, and healthcare industries. The framework developed here offers a novel understanding of how business model innovations come about in established organisations, a practice it dubs ‘crafting business models in statu nascendi’.

Business Model Innovation

Nicolai J. Foss,Tina Saebi
Business Model Innovation Book PDF

Author : Nicolai J. Foss,Tina Saebi
Publisher : Oxford University Press, USA
Page : 337 pages
File Size : 43,9 Mb
Release : 2015
Category : Business & Economics
ISBN : 9780198701873

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Business Model Innovation by Nicolai J. Foss,Tina Saebi Pdf

This volume examines the organisational dimension of business model innovation. Drawing on organisational theory and empirical observation, the contributors specifically highlight organisational design aspects of business model innovation, focusing on how reward systems, power distributions, routines and standard operating procedures, the allocation of authority, and other aspects of organisational structure and control should be designed to support the business model the firm chooses.

Dynamic Capabilities and Strategic Management

David J. Teece
Dynamic Capabilities and Strategic Management Book PDF

Author : David J. Teece
Publisher : OUP Oxford
Page : 300 pages
File Size : 51,8 Mb
Release : 2009-03-26
Category : Business & Economics
ISBN : 9780191562723

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Dynamic Capabilities and Strategic Management by David J. Teece Pdf

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.

Exploring the Field of Business Model Innovation

Oliver Gassmann,Karolin Frankenberger,Roman Sauer
Exploring the Field of Business Model Innovation Book PDF

Author : Oliver Gassmann,Karolin Frankenberger,Roman Sauer
Publisher : Springer
Page : 118 pages
File Size : 45,8 Mb
Release : 2016-10-01
Category : Business & Economics
ISBN : 9783319411446

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Exploring the Field of Business Model Innovation by Oliver Gassmann,Karolin Frankenberger,Roman Sauer Pdf

Presenting a broad literature review of scholarly work in the area of Business Model Innovation, this new book analyses 50 management theories in the context of BMI to yield valuable new insights. Research on BMI is still in its infancy and has so far proved to be more than just a sub-discipline of strategy or innovation research. Exploring the field of Business Innovation demonstrates the importance of the discipline as a more specialized management research field and offers new understandings of this important subject. It presents ‘grand theories’ that will help researchers approach BMI through a different angle and describes business models as phenomena, enabling readers to understand their patterns and mechanisms. Reviewing the most important academic work on the subject over the last 15 years, the authors aim to open up the debate and inspire researchers to look at this phenomenon from new and different angles.

Sustainable Growth Through Strategic Innovation

Mitsuru Kodama
Sustainable Growth Through Strategic Innovation Book PDF

Author : Mitsuru Kodama
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 54,9 Mb
Release : 2018-01-26
Category : Business & Economics
ISBN : 9781785366383

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Sustainable Growth Through Strategic Innovation by Mitsuru Kodama Pdf

From detailed reviews of existing dynamic capabilities, this book presents a theoretical model of a strategic innovation system as a corporate system capability to enable a large company to achieve strategic innovation. The book includes in-depth case studies to illustrate the importance of strategic innovation capabilities.

Process-Oriented Dynamic Capabilities

Ralf Plattfaut
Process Oriented Dynamic Capabilities Book PDF

Author : Ralf Plattfaut
Publisher : Springer Science & Business Media
Page : 60 pages
File Size : 53,6 Mb
Release : 2013-12-02
Category : Business & Economics
ISBN : 9783319032511

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Process-Oriented Dynamic Capabilities by Ralf Plattfaut Pdf

​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.

Innovation for Sustainability

Nancy Bocken,Paavo Ritala,Laura Albareda,Robert Verburg
Innovation for Sustainability Book PDF

Author : Nancy Bocken,Paavo Ritala,Laura Albareda,Robert Verburg
Publisher : Springer
Page : 468 pages
File Size : 54,9 Mb
Release : 2019-02-22
Category : Business & Economics
ISBN : 9783319973852

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Innovation for Sustainability by Nancy Bocken,Paavo Ritala,Laura Albareda,Robert Verburg Pdf

The aim of this edited book is to provide a comprehensive overview of the opportunities and challenges related to innovation for sustainability. Combining work from both emerging and established scholars in different academic fields, this book provides an integrated understanding of the topic from four perspectives. First, the big picture: frameworks, types, and drivers; second, strategy and leadership; third, measurement and assessment and fourth, tools, methods and technologies. Chapter 11 of this book is available open access under a CC BY 4.0 license at link.springer.com. The editors donate their remuneration for this book to conservation organisation the WWF.

A Dynamic Capabilities Approach to Sustainable Business Model Innovation

Markus Arnez-Wegelius
A Dynamic Capabilities Approach to Sustainable Business Model Innovation Book PDF

Author : Markus Arnez-Wegelius
Publisher : Unknown
Page : 0 pages
File Size : 49,5 Mb
Release : 2024
Category : Architectural firms
ISBN : 9180399924

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A Dynamic Capabilities Approach to Sustainable Business Model Innovation by Markus Arnez-Wegelius Pdf

Firms today are facing changing conditions which they must respond to in order to maintain a sustained competitive advantage. To address this change, practitioners such as managers and executives of large firms look towards the concepts of Business Models and Business Model Innovation, as tools to devise and execute strategies to manage that change. This study will present an in-depth comparative case study of two large specialised Swedish architecture firms anonymised as Alpha and Beta, both experiencing significant strategic changes due to sustainability. However, sustainability is a concept that is often challenging to define, leading to difficulties for firms in implementing sustainability into their business models.?It is becoming widely accepted that dynamic capabilities, defined as an organisation's capacity to adapt and reconfigure both internal and external competencies to address changing environments swiftly, play a pivotal role in innovating a business model. Dynamic capabilities encompass the abilities to sense (identifying and assessing opportunities), seize (mobilising resources to exploit opportunities and derive value from them) and transform (continuously renewing the organisation). However, there has been limited research on exactly what these dynamic capabilities constitute in a Sustainable Business Model Innovation (SBMI) context and how they contribute to SBMI. Thus, this study will answer the research question: "Which capabilities contribute to sustainable business model innovation, and how?"?To answer that question, I propose a novel framework for SBMI based on dynamic capabilities. It includes a breakdown of capabilities into second-order capabilities ("learning-to-learn", meta-capabilities); first-order capabilities (affecting reconfiguration) and zero-order capabilities (operational). My findings show that the sensing capability is composed of the lower capabilities of cross-disciplinary sensing, organisational sensing and stakeholder sensing. The seizing capability is composed of the lower capabilities of cross-disciplinary consensus building, reorganisation of BMI and stakeholder alignment. Finally, the transforming capability is composed of the lower capabilities of incorporation of cross-disciplinary knowledge, cultural and organisational change and stakeholder integration.?Thus, this study proposes a capability-based conceptualisation of SBMI, identifies the different capabilities affecting SBMI and sheds light on how they contribute to SBMI. Furthermore, this study also identifies insights into the interactions of SBMI with external actors, the two separate SBMI processes (managerial-led and employee-led) and its determining factors. Empirically, this study contributes to the evolving theory on how firms can meet their increasing commitments to deliver societal value alongside financial gains.

Business Model Innovation

Daniela Andreini,Cristina Bettinelli
Business Model Innovation Book PDF

Author : Daniela Andreini,Cristina Bettinelli
Publisher : Springer
Page : 185 pages
File Size : 41,5 Mb
Release : 2017-02-28
Category : Business & Economics
ISBN : 9783319533513

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Business Model Innovation by Daniela Andreini,Cristina Bettinelli Pdf

This book presents a systematic literature review of 156 published papers on business model innovation (BMI). The aim is to identify and integrate the different theoretical perspectives, analytical levels, and empirical contexts in order to deepen understanding of this complex phenomenon. The authors conduct an inductive thematic analysis based on an informal ontological classification that identifies 56 key themes. Within each theme, discussion focuses on thematic patterns, potential inconsistencies and debates, and future directions and opportunities for research. The book makes a number of significant contributions to the field. First, it offers a deeper understanding of the evolution of research on BMI through an ontological map that identifies the key thematic areas in the literature. Second, a multilevel model is developed that clarifies the concept of BMI by identifying its drivers, contingencies, and outcomes. Third, the authors identify clear and specific directions for further research and offer suggestions on research design, creating an informative road map for the future. The book will be of value both to scholars and researchers and to practitioners.

The End of Competitive Advantage

Rita Gunther McGrath
The End of Competitive Advantage Book PDF

Author : Rita Gunther McGrath
Publisher : Harvard Business Press
Page : 256 pages
File Size : 41,8 Mb
Release : 2013-05-14
Category : Business & Economics
ISBN : 9781422191415

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The End of Competitive Advantage by Rita Gunther McGrath Pdf

Are you at risk of being trapped in an uncompetitive business? Chances are the strategies that worked well for you even a few years ago no longer deliver the results you need. Dramatic changes in business have unearthed a major gap between traditional approaches to strategy and the way the real world works now. In short, strategy is stuck. Most leaders are using frameworks that were designed for a different era of business and based on a single dominant idea—that the purpose of strategy is to achieve a sustainable competitive advantage. Once the premise on which all strategies were built, this idea is increasingly irrelevant. Now, Columbia Business School professor and globally recognized strategy expert Rita Gunther McGrath argues that it’s time to go beyond the very concept of sustainable competitive advantage. Instead, organizations need to forge a new path to winning: capturing opportunities fast, exploiting them decisively, and moving on even before they are exhausted. She shows how to do this with a new set of practices based on the notion of transient competitive advantage. This book serves as a new playbook for strategy, one based on updated assumptions about how the world works, and shows how some of the world’s most successful companies use this method to compete and win today. Filled with compelling examples from “growth outlier” firms such as Fujifilm, Cognizant Technology Solutions, Infosys, Yahoo! Japan, and Atmos Energy, The End of Competitive Advantage is your guide to renewed success and profitable growth in an economy increasingly defined by transient advantage.

Strategic Management in the Innovation Economy

Thomas H. Davenport,Marius Leibold,Sven C. Voelpel
Strategic Management in the Innovation Economy Book PDF

Author : Thomas H. Davenport,Marius Leibold,Sven C. Voelpel
Publisher : John Wiley & Sons
Page : 441 pages
File Size : 52,9 Mb
Release : 2007-06-27
Category : Business & Economics
ISBN : 9783895786037

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Strategic Management in the Innovation Economy by Thomas H. Davenport,Marius Leibold,Sven C. Voelpel Pdf

Innovative ruptures of traditional boundaries in value chains are requiring companies to rethink how they go to market, what they need to own, what they need to retain and innovate as core competencies, and how they innovatively deal with suppliers and customers. The key message of the book is that the new knowledge-networked innovation economy requires a totally different strategic management mindset, approach and toolbox, and its major value-added is a new strategic management approach and toolbox for the innovation economy - a poised strategy approach. Designed for both managers and advanced business students, the book provides a unique combination of new management theory, selected managerial articles by prominent scholars such as Clayton Christensen, Henry Chesbrough, Sumantra Ghoshal, Quinn Mills, and Peter Senge, and a wide array of real-world case examples including GE, Shell, IBM, HP, BRL Hardy, P&G, Southwest Airlines and McGraw-Hill, within the dynamics of industries such as airlines, energy, telecommunications, wine & beverages, and computing. The authors illustrate powerful new strategic innovation concepts and tools, such as poised strategy for managing multiple business models, poised strategy scorecards (moving beyond the well-known balanced scorecard), the wheel of business model reinvention, and organizational rejuvenation methods. The book includes the concepts of: Poised Strategic Management, Organizational Rejuvenation, Business Models as Platform for Strategy, Poised Scorecards, Identifying Sources of Innovation in Business Ecosystems.

An Analysis of David J. Teece's Dynamic Capabilites and Strategic Management

Veselina Stoyanova
An Analysis of David J Teece s Dynamic Capabilites and Strategic Management Book PDF

Author : Veselina Stoyanova
Publisher : Taylor & Francis
Page : 122 pages
File Size : 52,9 Mb
Release : 2018-09-05
Category : Business & Economics
ISBN : 9780429818899

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An Analysis of David J. Teece's Dynamic Capabilites and Strategic Management by Veselina Stoyanova Pdf

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.

Knowledge, Innovation and Sustainable Development in Organizations

Marta Peris-Ortiz,João J. Ferreira,Jose M. Merigó Lindahl
Knowledge Innovation and Sustainable Development in Organizations Book PDF

Author : Marta Peris-Ortiz,João J. Ferreira,Jose M. Merigó Lindahl
Publisher : Springer
Page : 263 pages
File Size : 45,9 Mb
Release : 2018-07-16
Category : Business & Economics
ISBN : 9783319748818

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Knowledge, Innovation and Sustainable Development in Organizations by Marta Peris-Ortiz,João J. Ferreira,Jose M. Merigó Lindahl Pdf

This volume explores the ways in which knowledge and innovation impact business and economic sustainability, offering a wide-ranging and richly illustrated study of knowledge, innovation and sustainability of organizations from a dynamic capabilities perspective. In organizational theory, dynamic capability is defined as an organization’s ability to react and adapt adequately and rapidly to external change. In today’s global economy, pursuing sustainable strategies and practices is critical to organizational success. Complying with externally and internally imposed sustainability targets might initially appear as a restriction for organizations; however, they can be transformed into a new set of opportunities. This means that the classic ways in which management absorbs the experiences associated with evolving conditions, organizational frameworks and markets must be reconsidered in light of the preservation of the technological, environmental and social ecosystems. Featuring research and case studies from sectors such as NGOs, SMEs, education and agriculture, this book offers students, academics, practitioners and policymakers a multi-faceted understanding of how and why knowledge, innovation and sustainability are intricately linked—and offers insight into best practices that balance organizational and societal needs.

Essays in Technology Management and Policy

David J. Teece
Essays in Technology Management and Policy Book PDF

Author : David J. Teece
Publisher : World Scientific
Page : 528 pages
File Size : 51,8 Mb
Release : 2003
Category : Technology & Engineering
ISBN : 9810244479

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Essays in Technology Management and Policy by David J. Teece Pdf

This book examines the manner in which successful firms develop, transfer, protect, and capture value from technological innovation. In essence, it is about ?knowledge management?, which lies at the foundation of firm level competitive advantage in today's global economy. The essays contain some of the fundamental contributions to the field of knowledge management by one of its best-known thinkers; they also constitute an immensely practical guide for those managers who wish to look below the surface of what is going on in Silicon Valley and elsewhere.