Sensing: Perceiving threats to overcome with opportunities and technologies in the market. |
Investment in R&D; identifying customer needs; collecting information from different sources; monitoring the business’ structural evolution and technology; acquiring, accumulating, and sharing tacit knowledge; developing routines for formulating new ideas. |
Brink, 2019Brink, T. (2019). Orchestration of Dynamic Capabilities for Competitive Advantage. International Journal of Energy Sector Management, 13 (4), 960-976. doi:10.1108/IJESM-09-2018-0005 https://doi.org/10.1108/IJESM-09-2018-00...
; Garrido et al., 2020Garrido, I. L., Kretschmer, C., Vasconcellos, S. L. D., Gonçalo, C. R. (2020). Dynamic Capabilities: A Measurement Proposal and its Relationship with Performance. Brazilian Business Review , 17 (1), 46-65. doi:10.15728/bbr.2020.17.1.3 https://doi.org/10.15728/bbr.2020.17.1.3...
; Inigo et al., 2017Inigo, E. A., Albareda, L., Ritala, P. (2017). Business Model Innovation for Sustainability: Exploring Evolutionary and Radical Approaches Through Dynamic Capabilities. Industry and Innovation , 24 (5), 515-542. doi:10.1080/13662716.2017.1310034 https://doi.org/10.1080/13662716.2017.13...
; Teece, 2017, 20Teece, D. J. (2017). Dynamic Capabilities and (Digital) Platform Lifecycles. In Entrepreneurship, innovation, and platforms (pp. 211-225). Bingley: Emerald. doi:10.1108/S0742-332220170000037008 https://doi.org/10.1108/S0742-3322201700...
, 2018Teece, D. J. (2018). Business Models and Dynamic Capabilities. Long Range Planning , 51 (1), 40-49. doi:10.1016/j.lrp.2017.06.007 https://doi.org/10.1016/j.lrp.2017.06.00...
; Teece et al., 1997Teece, D. J., Pisano, G., Shuen, A. (1997). Dynamic Capabilities and Strategic Management. Strategic Management Journal , 18 (7), 509-533. doi:10.1002/(SICI)1097-0266(199708)18:7<509::AID-SMJ882>3.0.CO;2-Z https://doi.org/10.1002/(SICI)1097-0266(...
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Seizing: Transforming opportunities into new products, services, and processes. |
Developing new products and processes; investing in technology; improving and developing new business models; combining knowledge; developing routines for internalizing knowledge for strategic decisions. |
Brink, 2019Brink, T. (2019). Orchestration of Dynamic Capabilities for Competitive Advantage. International Journal of Energy Sector Management, 13 (4), 960-976. doi:10.1108/IJESM-09-2018-0005 https://doi.org/10.1108/IJESM-09-2018-00...
; Garrido et al., 2020Garrido, I. L., Kretschmer, C., Vasconcellos, S. L. D., Gonçalo, C. R. (2020). Dynamic Capabilities: A Measurement Proposal and its Relationship with Performance. Brazilian Business Review , 17 (1), 46-65. doi:10.15728/bbr.2020.17.1.3 https://doi.org/10.15728/bbr.2020.17.1.3...
; Inigo et al., 2017Inigo, E. A., Albareda, L., Ritala, P. (2017). Business Model Innovation for Sustainability: Exploring Evolutionary and Radical Approaches Through Dynamic Capabilities. Industry and Innovation , 24 (5), 515-542. doi:10.1080/13662716.2017.1310034 https://doi.org/10.1080/13662716.2017.13...
; Teece, 2017, 20Teece, D. J. (2017). Dynamic Capabilities and (Digital) Platform Lifecycles. In Entrepreneurship, innovation, and platforms (pp. 211-225). Bingley: Emerald. doi:10.1108/S0742-332220170000037008 https://doi.org/10.1108/S0742-3322201700...
, 2018Teece, D. J. (2018). Business Models and Dynamic Capabilities. Long Range Planning , 51 (1), 40-49. doi:10.1016/j.lrp.2017.06.007 https://doi.org/10.1016/j.lrp.2017.06.00...
; Teece et al., 1997Teece, D. J., Pisano, G., Shuen, A. (1997). Dynamic Capabilities and Strategic Management. Strategic Management Journal , 18 (7), 509-533. doi:10.1002/(SICI)1097-0266(199708)18:7<509::AID-SMJ882>3.0.CO;2-Z https://doi.org/10.1002/(SICI)1097-0266(...
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Reconfiguring: Reconfiguring assets and the organizational structure to ensure the company’s evolution. |
Defining partnerships in the value chain; decentralizing activities; orchestrating assets, aligning them, and redistributing them; capacity to integrate, share, and monitor knowledge; exploring the creation of new knowledge; widening collaboration networks to generate resource combinations; abandoning combinations and processes that do not generate competitive advantages. |
Brink, 2019Brink, T. (2019). Orchestration of Dynamic Capabilities for Competitive Advantage. International Journal of Energy Sector Management, 13 (4), 960-976. doi:10.1108/IJESM-09-2018-0005 https://doi.org/10.1108/IJESM-09-2018-00...
; Garrido et al., 2020Garrido, I. L., Kretschmer, C., Vasconcellos, S. L. D., Gonçalo, C. R. (2020). Dynamic Capabilities: A Measurement Proposal and its Relationship with Performance. Brazilian Business Review , 17 (1), 46-65. doi:10.15728/bbr.2020.17.1.3 https://doi.org/10.15728/bbr.2020.17.1.3...
; Inigo et al., 2017Inigo, E. A., Albareda, L., Ritala, P. (2017). Business Model Innovation for Sustainability: Exploring Evolutionary and Radical Approaches Through Dynamic Capabilities. Industry and Innovation , 24 (5), 515-542. doi:10.1080/13662716.2017.1310034 https://doi.org/10.1080/13662716.2017.13...
; Teece, 2017, 20Teece, D. J. (2017). Dynamic Capabilities and (Digital) Platform Lifecycles. In Entrepreneurship, innovation, and platforms (pp. 211-225). Bingley: Emerald. doi:10.1108/S0742-332220170000037008 https://doi.org/10.1108/S0742-3322201700...
, 2018Teece, D. J. (2018). Business Models and Dynamic Capabilities. Long Range Planning , 51 (1), 40-49. doi:10.1016/j.lrp.2017.06.007 https://doi.org/10.1016/j.lrp.2017.06.00...
; Teece et al., 1997Teece, D. J., Pisano, G., Shuen, A. (1997). Dynamic Capabilities and Strategic Management. Strategic Management Journal , 18 (7), 509-533. doi:10.1002/(SICI)1097-0266(199708)18:7<509::AID-SMJ882>3.0.CO;2-Z https://doi.org/10.1002/(SICI)1097-0266(...
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