2022
DOI: 10.1177/14761270221115377
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Strategic organization, dynamic capabilities, and the external environment

Abstract: A large stream of theoretical and empirical research has developed on the topic of dynamic capabilities. However, research on the mechanisms through which dynamic capabilities affect outcomes for firms has often focused on alterations to firms’ resource bases (their resources and capabilities), with less attention to the effects of dynamic capabilities in the external environment. I introduce the concept of external-facing dynamic capabilities and explain how these capabilities may have direct effects in the e… Show more

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Cited by 15 publications
(9 citation statements)
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References 33 publications
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“…As an example of the former, a firm in the nascent personal genomics market used its knowledge of the new technology (a resource) to work with regulators to set the rules governing the sale of the product for all firms in the industry (Gao & McDonald, 2022). As another example, Apple used its product design and other capabilities to reshape the market for mobile phones (Helfat, 2022). Shaping actions, in turn, may change the payoffs to resources and capabilities.…”
Section: Opportunities For Future Research On the Resource‐based Viewmentioning
confidence: 99%
“…As an example of the former, a firm in the nascent personal genomics market used its knowledge of the new technology (a resource) to work with regulators to set the rules governing the sale of the product for all firms in the industry (Gao & McDonald, 2022). As another example, Apple used its product design and other capabilities to reshape the market for mobile phones (Helfat, 2022). Shaping actions, in turn, may change the payoffs to resources and capabilities.…”
Section: Opportunities For Future Research On the Resource‐based Viewmentioning
confidence: 99%
“…But appeals to complementarity create a black box that needs to be unpacked. And from a strategy perspective, since ecosystems are closely linked to the idea of building capabilities (Helfat, 2022;Helfat and Raubitschek, 2018 also see Jacobides et al, 2018Jacobides et al, : 2270, the underlying processes of capability development need to be more directly and more explicitly linked to firm-specific ecosystems.…”
Section: Unpacking Ecosystems and Their Originsmentioning
confidence: 99%
“…The second set of essays considers topics that are all to one degree or another connected to the organizational resources and capabilities that underpin strategic advantage. Constance Helfat (2022) revisits the notion of dynamic capabilities, and argues for greater consideration of what she calls “external-facing” dynamic capabilities that may or may not involve resource reconfiguration, but that can nevertheless enable firms to adapt to or shape their external environments. Paola Cillo and Gianmario Verona (coeditor, 2016–2017) (2022) synthesize the vast literature on innovation, pointing out how the strategic organization of innovation can no longer be seen as a narrowly defined function but rather penetrates all aspects of the organization with implications for sustainability and digitalization.…”
Section: Contributions To the Anniversary Issuementioning
confidence: 99%