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BUSINESS AND ECONOMICS (1177 journals)                  1 2 3 4 5 6 | Last

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Bulletin of Indonesian Economic Studies     Hybrid Journal   (Followers: 3)
Bulletin of the Dnipropetrovsk University. Series : Management of Innovations     Open Access   (Followers: 1)
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Journal Cover Bulletin of the Dnipropetrovsk University. Series : Management of Innovations
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  This is an Open Access Journal Open Access journal
   ISSN (Print) 2409-7101 - ISSN (Online) 2414-956X
   Published by Dnipropetrovsk National University of Railway Transport Homepage  [6 journals]
  • Foreword to the Special Issue DYNAMIC CAPABILITIES OF FIRMS

    • Authors: Yevgen Bogodistov, Veit Wohlgemuth
      Pages: 3 - 3
      Abstract: "20 years of Dynamic capabilities” – that was the name of a plenary session at the recent Academy of Management annual meeting in Atlanta, Georgia. After 20 years of research on the topic, it remains highly relevant, but not fully investigated. Many scholars provided valuable contributions in search for microfoundations, a further development into the capability-based view of the firm, underlying processes and routines (focusing on the non-linear nature and process theory), and systems theoretical approaches to capture the concept. Based on this progress, some scholars claim that the concept reached the stage of maturity. However, Constance Helfat argued during the panel discussion at the recent Academy of Management annual meeting for a continuous demand of research in the field. One of the reasons is that the concept and research contributions in the field of dynamic capabilities spilled over to other research areas such as: marketing, supply chain management and non-profit organizations. We need further research to investigate the contributions that the concept can make to other domains. Our special issue supports this trend: the work by Moritz Botts is targeting the application of dynamic capabilities in a non-profit domain. The researcher investigates the concept of dynamic managerial capabilities in a military setting. Similarly, Gaja Amigioni and Johannes Gaedicke also transfer the concept to a new domain. The authors link dynamic capabilities, power symbols, and their impact on creativity in firms. Furthermore, research is needed as the nature and the theoretical embeddedness of the dynamic capability concept are not clear yet. David Teece, founder of the concept, characterized dynamic capabilities as a systems theoretic concept in his presentation (presented by his replacement Brian Silverman) at the Academy of Management’s recent annual meeting. Teece proposes to focus on dynamic capabilities with a rather holistic “zoom-out” approach. This means that various theories would fit under the umbrella dynamic capabilities, which might explain different understandings of the concept. In our special issue, Klara-Marie Gremme and Veit Wohlgemuth provide a literature overview on the nature of dynamic capabilities that sheds light on this theoretical divide. Adriana Takahashi and Josué Sander follow the rather holistic approach and propose to amalgamate institutional theory with the dynamic capabilities concept, which leads to a set of interesting proposition concerning the institutional framework for dynamic capabilities. Similarly, Mariam Arpentieva proposes to merge the concept of foresight capabilities with the dynamic capabilities view. This is a highly demanded attempt to make dynamic capabilities a more useful tool for practitioners and goes in line with the umbrella approach. Interestingly, research on dynamic capabilities develops with different pace and with a different direction across countries. Reasons for this divide are for example access-limitations to specific academic journal and language issues in Ukraine and other CIS countries. Moreover, a different theoretical embeddedness also lead to a different understanding. Teece’s proposition to regard dynamic capabilities from a systems theoretic perspective is unusual for an American scholar, but quite common for European scholars. While American scholars have made most of the contributions in this field, this is something where Europeans might provide strong contributions. The view that dynamic capabilities are a mechanism of a system to deal with dynamic environments explains why different firms, being different complex systems that act in environments with different degrees of complexity, may (and should) have different mechanisms in place (with different elements, i.e. microfoundations). Dynamic capabilities, thus, become more complex than previously assumed, i.e. they are highly idiosyncratic, non-linear and self-reflective. However, one has to bear in mind that systems theory is criticized for its vagueness and problems with falsifiability. Put differently, if systems theory explains everything, it explains nothing. While this might be a challenge in future research endeavors, the view of the founder has clearly outlined the path many researchers probably are going to follow. In our special issue, we shed light on non-American perspectives of dynamic capabilities to add a European perspective to the debate. The paper by Sergii Sardak and Oleksandr Krupskyi sheds light on the development of the concept in Ukraine and other CIS countries. Finally, the paper by Bogodistov shows that language matters: in Ukraine the word “capability” can be translated in different ways imposing slightly different meanings. Whether they translate to “having potential to” or “being good at” makes a huge difference. As our special issue shows, the concept has not reached the stage of maturity yet. However, after 20 years of search for a concept that explains how firms remain their competitive advantage in dynamic environments, we hope that this issue of the European Journal of Management Issues will inspire researchers in CEE and CIS countries as well as readers from other regions of the world to contribute to the field. There is still a huge demand for a good theory and we hope that this special issue is a good example for other journals to follow!
      PubDate: 2017-03-25
      Issue No: Vol. 25, No. 1 (2017)
  • Символи влади на робочому місці: вплив
           на креативність як мікропідставу
           динамічних здібностей фірми

    • Authors: Gaja Amigoni, Johannes Christian Gaedicke
      Pages: 4 - 9
      Abstract: Мета дослідження – проаналізувати роль артефактів в створенні креативності та інноваційності як мікропідстав динамічних здібностей. Дизайн/Метод/Підхід дослідження. Дане концептуальне дослідження націлене на визначення ключових аспектів робочого простору як демонстрації влади, а також інших символів влади, з точки зору їх впливу на креативність і можливого впливу на динамічні здатності фірми. Результати. Зроблено припущення, що креативність, яка вважається основою інноваційності, – базовий і один з найважливіших елементів (мікропідстав) динамічних здібностей. Вона необхідна для того, щоб вистояти у конкурентній боротьбі, для створення еволюційної і підприємницької придатності фірми. Практичне значення дослідження. Не дивлячись на те, що вплив ієрархій і символів влади на ефективність фірм неодноразово проаналізовано, кількість досліджень про вплив робочого простору (як символу внутрішньоорганізаційної влади) на креативність вкрай мала. Фокусування на арт...
      PubDate: 2017-03-25
      DOI: 10.15421/191701
      Issue No: Vol. 25, No. 1 (2017)
  • Foresight and dynamic capabilities of enterprises

    • Authors: Mariyam Ravilevna Arpentieva
      Pages: 10 - 17
      Abstract: Purpose. Purpose of the research is to analyze the Foresight Competencies as a component of the dynamic capabilities of enterprises.  Deisgn/Method/Approach. The method of this research is a theoretical analysis of the place of Foresight Competencies in the structure of dynamic capabilities of enterprises.  Findings. The Foresight is a system of methods for the transformation of priorities in the area of economy and production, social and cultural development. Analysis of Foresight Competencies as a component of dynamic capabilities of enterprises demonstrates their leading role in the implementation of the remaining components of dynamic capabilities, as well as the fact that the Foresight of enterprises exerts a transformative impact on the development of the system, helping to convert, rather than only predict, the development of a sector or an enterprise. The Foresight includes the application and transformation of enterprises' routine work, as well as innovations in production and industrial relations. It aims at selecting and using the change markers − weak and strong signals of future and probable changes. Theoretical and practical implications. Active and accurate identification of these markers of change, including the a мlication and modification of the enterprises' routine work makes it possible not only to predict implicit trends but also to intervene in the course of processes, adjusting them with the least amount of utilized energy and resources. In addition, it allows influencing both the markets themselves and the reality of enterprise activity as a whole. Given the Foresight Competencies, an enterprise not only efficiently adapts to the changes in the environment (market), but also participates in changing it. Originality/Value. In the present article, for the first time, the concepts of dynamic abilities and Foresight Competencies are correlated, the Foresight Competencies are considered as a component of dynamic capabilities of the enterprise as a whole. The role of routine components of vital activity of the enterprise is noted in the context of the study of dynamic capabilities. Paper type – conceptual.

      PubDate: 2017-03-25
      DOI: 10.15421/191702
      Issue No: Vol. 25, No. 1 (2017)
  • Dynamic capability: A capability or a capacity'

    • Authors: Yevgen Volodymyrovych Bogodistov
      Pages: 18 - 23
      Abstract: Purpose. Purpose of the research is to analyze of the concept of dynamic capabilities aiming at formation of the correct terminology.
      Design/Method/Approach. This a conceptual paper is based on the academic literature analysis.
      Findings. The paper analysed the historical development of the concept of dynamic capabilities from the moment of introduction of this expression and till now. The study described the main theoretical struggles іn the concept, which can have influence on the correct understanding and, thus, translation. The two main academic discussions concerned with dynamic capabilities are reviewed. Different definitions of organizational capabilities are analyzed and their influence on the formation of the understanding of dynamic capabilities is performed. A set of most popular definitions of dynamic capabilities is offered in the work. Those definitions indicate different aspects of the currently running academic discussion on the concept.
      Theoretical implications. This paper is important for the academic discussion on dynamic capabilities in the Ukrainian academic segment, since an approach for unambiguous understanding of the terminology of this concept is proposed.
      Originality/value. Since different understandings of the concept of dynamic capabilities may mislead the translators from English into Ukrainian, the most appropriate translation terminology is proposed.
      Paper type – conceptual. 
      PubDate: 2017-03-25
      DOI: 10.15421/191703
      Issue No: Vol. 25, No. 1 (2017)
  • Dynamic managerial capabilities: lessons from non-profits in highly
           dynamic environments

    • Authors: Moritz Martin Botts
      Pages: 24 - 29
      Abstract: Purpose. Drawing on the concept of dynamic managerial capabilities, to propose a model that incorporates managerial human and social capital, and managerial cognition in the dynamic capabilities framework. Design/Method/Approach. The study is an empirical in the context of the current conflict in the eastern Ukraine and is an analysis a non-profit field with an extremely high dynamic environment. The data was collected using a quantitative survey with 70 private corps, non-commissioned officers, and higher-ranked officers. Findings. The model provides a direct relationship between dynamic capabilities and dynamic managerial capabilities, whereby the latter is constituted by the perceived manager’s competence (manager’s human capital), manager’s team (manager’s social capital), and manager’s goal congruence towards the goals of the organization (managerial cognition). Theoretical implications. This paper expanded the body of research on dynamic managerial capabilities by developing the following arguments: (1) dynamic managerial capabilities directly influence organizational dynamic capabilities; (2) managerial social capital mediates relationships between managerial human capital and organizational dynamic capabilities; (3) managerial social capital mediates relationships between managerial cognition and organizational dynamic capabilities. Originality/value. This research not only shows how a non-profit organization can act efficiently, it is also an example of an application of strategic management theory to a practical field with life or death consequences. Research limitations/Future research. This research opens avenues for future research on dynamic capabilities in non-profit organizations.  Paper type – empirical.
      PubDate: 2017-03-25
      DOI: 10.15421/191704
      Issue No: Vol. 25, No. 1 (2017)
  • Dynamic capabilities: a systematic literature review of theory and

    • Authors: Klara-Marie Gremme, Veit Wohlgemuth
      Pages: 30 - 35
      Abstract: Purpose. Although the dynamic capability concept has been one of the most researched topics in strategic management in recent years, it is not commonly defined in theory and hardly applied in practice. For this reason, the authors decided to re-evaluate dynamic capability literature. Design/Method/Approach. Systematic literature review. Findings. Various discrepancies concerning the very nature of dynamic capabilities and their impact on firm performance are identified that need to be resolved. Theoretical implications. For the purpose of enabling more precise prediction, it is recommended to contrast various dynamic capability concepts, reducing the number and increasing the predictability of the contingencies involved. It is advised to develop these scenarios based on the various seminal papers on dynamic capabilities, grounded in empirical research and supported by specific examples. Practical implication. It is concluded that there is a generalized version of the dynamic capability concept that allows one to understand the rough outline of dynamic capability theory. However, it is noted that this generalized, contingency-based version compromises the prediction of specific dynamic capability deployment outcomes, therefore hindering dynamic capabilities in gaining practical application. Originality/Value. Complementary and opposing views on the characteristics, causalities and contingencies of the dynamic capability construct are combined and contrasted respectively. Research limitations/Future research. The paper highlights avenues for further research by contrasting, rather than merging, different perspectives. Paper type – сonceptual.
      PubDate: 2017-03-25
      DOI: 10.15421/191705
      Issue No: Vol. 25, No. 1 (2017)
  • Dynamic capabilities of an enterprise: theoretical-practical basis, scope
           of application, measurement

    • Authors: Sergii Eduardovich Sardak, Oleksandr Petrovyh Krupskyi
      Pages: 36 - 42
      Abstract: Purpose – to highlight conceptual foundations of the theory of dynamic capabilities of an enterprise and to reveal its application potential. Results. The present research identified relevant problematic aspects of the theory of dynamic capabilities of enterprises and highlighted the ways of their solution. First, it is an imperative for the further development of  fundamental base of the theory of dynamic capabilities and finding a scientifically-substantiated effective empirical procedure for their measurement. Second, there is a limited penetration of the concept of dynamic capabilities into Ukrainian scientific community and the existence of difficulties in the interpretation of the theoretical and applied English-language developments. The article revealed historical and scientific-methodical provisions for the formation of the theory of dynamic capabilities of enterprises.
      Authors defined conceptual provisions of the Western founders of the theory of dynamic capabilities and scientific coverage of this direction of research in Ukraine. The paper considers the potential of the application of theoretical-practical foundations of dynamic capabilities at enterprises. Methodological solutions are presented to measure the dynamic capabilities of Ukrainian enterprises. Originality/value/scientific novelty of the research.
      Authors conceptualized the logic of formation of the theory of dynamic capabilities and identified promising directions of its transformation in terms of studying the basic factors that affect the performance of key human resources; the ability is proven to implement the applied measures in countries with a different type of economic system, in different sectors and markets by enterprises engaged in commercial and non-profit activities regardless of their type and size; the basics of methodology were developed for the adaptation of the English-language methodological developments to the level of their practical application at Ukrainian enterprises with the possibility of obtaining statistically significant results and their further application in order to improve efficiency. Practical importance of the research. Results of the research provide the Ukraine-language scientific community with the possibility to explore the potential of the theory of dynamic capabilities, to create the possibility for enterprises employees to self-diagnose dynamic capabilities and to make comparisons over time of their own achievements with the success of other participants in market relations. Research limitations/Future research. The prospect of further research is to develop a comprehensive applied mechanism for measuring the dynamic capabilities of an enterprise, which would allow the design and implementation of measures to improve profitability, as well as attaining competitive success over tactical period and maintaining it over strategic period.  Paper type – theoretical.
      PubDate: 2017-03-25
      DOI: 10.15421/191706
      Issue No: Vol. 25, No. 1 (2017)
  • Combining institutional theory with resource based theory to understand
           processes of organizational knowing and dynamic capabilities

    • Authors: Adriana Roseli Wünsch Takahashi, Josué Alexandre Sander
      Pages: 43 - 48
      Abstract: Purpose/ Research question.  A promising way to understand the development of the dynamic capabilities and the knowing process is to build a bridge between the Institutional Theory and the Resource-Based Theory (RBT). Although being needed, this approach is missing in the extant literature. So we have a research question: It possible to construct a bridge between two dimensions basing on two theoretical bodies (Institutional Theory and RBT) using an “inverted binocular” to look at knowing process enacted in a process of organizational learning, for formation of competences and dynamic capabilities' Design/Method/Approach. This paper analyses two different theoretical frameworks in a theoretic way and proposes an interface between those. Findings. The exploration and explication of micro-institutional processes (organizational or individual) can be connected to the macro level (societal or field level) by combining Institutional Theory with Resource Based Theory (RBT) in a multiparadigmatic view between visions and levels (cross-level). Theoretical implications. The bridge between these two theories would enable to strengthen the comprehension of the organizational changes in the various levels of analysis, considering their mutual dependence, and the knowing process and dynamic capabilities. Originality/Value. One of the differentials of this paper is the attention given to knowledge as the main piece for the construction of the bridge between these theories. Research limitations/Future research. An interface between the RBT and Institutional theory is necessary for a further development and understanding of concepts such as dynamic capabilities. Paper type – conceptual.
      PubDate: 2017-03-25
      DOI: 10.15421/191707
      Issue No: Vol. 25, No. 1 (2017)
School of Mathematical and Computer Sciences
Heriot-Watt University
Edinburgh, EH14 4AS, UK
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Fax: +00 44 (0)131 4513327
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