Reconfiguring the Firm’s Assets for Innovation
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 mo...
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| Lenguaje: | English |
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Universidad Alberto Hurtado. Facultad de Economía y Negocios
2020
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| Acceso en línea: | http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242020000100027 |
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oai:scielo:S0718-272420200001000272020-07-06Reconfiguring the Firm’s Assets for InnovationSchreiber,DusanTometich,PatriciaCarneiro Zen,AuroraEngelman,Raquel 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.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.15 n.1 20202020-05-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242020000100027en10.4067/S0718-27242020000100027 |
| institution |
Scielo Chile |
| collection |
Scielo Chile |
| language |
English |
| topic |
Dynamic capabilities Innovation Furniture industry |
| spellingShingle |
Dynamic capabilities Innovation Furniture industry Schreiber,Dusan Tometich,Patricia Carneiro Zen,Aurora Engelman,Raquel Reconfiguring the Firm’s Assets for Innovation |
| description |
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. |
| author |
Schreiber,Dusan Tometich,Patricia Carneiro Zen,Aurora Engelman,Raquel |
| author_facet |
Schreiber,Dusan Tometich,Patricia Carneiro Zen,Aurora Engelman,Raquel |
| author_sort |
Schreiber,Dusan |
| title |
Reconfiguring the Firm’s Assets for Innovation |
| title_short |
Reconfiguring the Firm’s Assets for Innovation |
| title_full |
Reconfiguring the Firm’s Assets for Innovation |
| title_fullStr |
Reconfiguring the Firm’s Assets for Innovation |
| title_full_unstemmed |
Reconfiguring the Firm’s Assets for Innovation |
| title_sort |
reconfiguring the firm’s assets for innovation |
| publisher |
Universidad Alberto Hurtado. Facultad de Economía y Negocios |
| publishDate |
2020 |
| url |
http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242020000100027 |
| work_keys_str_mv |
AT schreiberdusan reconfiguringthefirm8217sassetsforinnovation AT tometichpatricia reconfiguringthefirm8217sassetsforinnovation AT carneirozenaurora reconfiguringthefirm8217sassetsforinnovation AT engelmanraquel reconfiguringthefirm8217sassetsforinnovation |
| _version_ |
1714203298123218944 |