IDEAS home Printed from https://ideas.repec.org/a/brc/brccej/v5y2020i1p113-119.html
   My bibliography  Save this article

Dynamic Capabilities And Entrepreneurship

Author

Listed:
  • Ioan-Emanoil CALIN

    (”Valahia” University of Targoviste, Romania)

Abstract

The dynamic capabilities are considered to be the expression of high organizational agility, regardless of the size and purpose of the organization. The theoretical approaches regarding the dynamic capabilities tend to associate them with the ambidextrous organization characterized by an optimal ratio between the exploration and exploitation activities. The dynamic capability is defined by three key elements: learning capacity, integration and coordination capacity and the ability to generate feasible solutions in relation to some optimal criteria. The entrepreneurship is based on innovation, risk-taking and optimal use of the resources available within a lucrative activity. The entrepreneur's appetite for innovation and risk taking is a specific feature of the exploration activity while the optimal use of resources in a lucrative sense is the expression of the exploitation activity. The purpose of this article is to bring to the fore that the entrepreneurial initiative and its materialization imply the creation and operation by the entrepreneur of one or more dynamic capabilities.

Suggested Citation

  • Ioan-Emanoil CALIN, 2020. "Dynamic Capabilities And Entrepreneurship," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 5(1), pages 113-119.
    • Handle: RePEc:brc:brccej:v:5:y:2020:i:1:p:113-119
    as

    Download full text from publisher

    File URL: http://www.revec.ro/papers/200115.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Karin Berglund & Carina Holmgren, 2013. "Entrepreneurship education in policy and practice," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 5(1), pages 9-27.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Magnus Hoppe, 2016. "Policy and entrepreneurship education," Small Business Economics, Springer, vol. 46(1), pages 13-29, January.
    2. Helene Ahl & Karin Berglund & Katarina Pettersson & Malin Tillmar, 2016. "From feminism to FemInc.ism: On the uneasy relationship between feminism, entrepreneurship and the Nordic welfare state," International Entrepreneurship and Management Journal, Springer, vol. 12(2), pages 369-392, June.
    3. Magnus Hoppe, 2016. "Policy and entrepreneurship education," Small Business Economics, Springer, vol. 46(1), pages 13-29, January.

    More about this item

    Keywords

    Dynamic Capability; Entrepreneurship; Innovation; Management;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:brc:brccej:v:5:y:2020:i:1:p:113-119. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cristina GANESCU (email available below). General contact details of provider: http://www.univcb.ro/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.