DYNAMIC CAPABILITIES: FOSTERING AN INNOVATION-FRIENDLY ENVIRONMENT IN BRAZIL
Even though twenty years have elapsed since the publication of the paper Dynamic Capabilities and Strategic Management (Teece, Pisano & Shuen, 1997), many scholars and some executives maintain their interest in this framework so as to better understand how firms develop, maintain competitive adv...
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| Veröffentlicht in: | Revista de administração de emprêsas 2017-05, Vol.57 (3), p.283 |
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| creator | Herrmann, JÚlia Doebber Sangalli, Lucas CÉ Teece, David J |
| description | Even though twenty years have elapsed since the publication of the paper Dynamic Capabilities and Strategic Management (Teece, Pisano & Shuen, 1997), many scholars and some executives maintain their interest in this framework so as to better understand how firms develop, maintain competitive advantage, and sustain superior enterprise performance. Individual firm performance depends not only on the markets in which firms compete and the environments in which they are embedded, but also on managerial acumen. Being aware of developments in the environment within which a firm competes is part of a manager's responsibilities. Another component of strong dynamic capabilities involves recognizing that one should also be able to shape the environment. Dynamic capabilities lie partly with the firm and partly with the management team. It is very important to connect across boundaries, organizational and geographic, to find ideas from the outside. Those who venture out and augment their firms' dynamic capabilities will herald the progress of their local communities and their country. |
| doi_str_mv | 10.1590/S0034-759020i70309 |
| format | Article |
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| ispartof | Revista de administração de emprêsas, 2017-05, Vol.57 (3), p.283 |
| issn | 0034-7590 2178-938X |
| language | eng |
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| source | DOAJ Directory of Open Access Journals; Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals; Business Source Complete; Alma/SFX Local Collection |
| subjects | Boards of directors Community Companies Competitive advantage Corporate culture Economics Group dynamics Impeachment Innovations Managers Markets Organizational performance Strategic management Teams Tenure |
| title | DYNAMIC CAPABILITIES: FOSTERING AN INNOVATION-FRIENDLY ENVIRONMENT IN BRAZIL |
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