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Strategic capabilities and innovation

In: Capabilities for strategic advantage

Author

Listed:
  • David Birchall
  • George Tovstiga

Abstract

Innovation is undoubtedly one of the most crucial strategic levers available to the firm. As firms are moving out of the difficult economic period brought on by the collapse of the dot.com bubble, innovation, it appears, is being “rediscovered.” Many firms are now poised to venture beyond measures that are focused purely on retrenchment and cost reduction to embrace innovation as the engine for driving their new business growth. Innovation, however, is intimately linked with the firm’s capabilities and ability to mobilize new knowledge through learning. The grouping of innovation, capabilities, and organizational learning is growing more important as business environments change more rapidly and the production of new knowledge accelerates as never before.

Suggested Citation

  • David Birchall & George Tovstiga, 2005. "Strategic capabilities and innovation," Palgrave Macmillan Books, in: Capabilities for strategic advantage, chapter 0, pages 66-85, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-52249-7_5
    DOI: 10.1057/9780230522497_5
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    Cited by:

    1. Breznik, Lidija & Lahovnik, Matej, 2014. "Renewing the resource base in line with the dynamic capabilities view: a key to sustained competitive advantage in the IT industry," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 19(4), pages 453-485.
    2. Marlenne G. Velazquez-Cazares & Anna M. Gil-Lafuente & Ernesto Leon-Castro & Fabio Blanco-Mesa, 2021. "Innovation capabilities measurement using fuzzy methodologies: a Colombian SMEs case," Computational and Mathematical Organization Theory, Springer, vol. 27(4), pages 384-413, December.
    3. Kanittha Pattanasing & Somnuk Aujirapongpan & Supit Ritkaew & Anuman Chanthawong & Sirichai Deelers, 2021. "The impact of dynamic capabilities and dynamic performance measurement on competitive performance: evidence from Thai hotel entrepreneurs," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(3), pages 10-28, March.
    4. Svetlana Klessova & Sebastian Engell & Catherine Thomas, 2022. "Assessment of the advancement of market-upstream innovations and of the performance of research and innovation projects," Post-Print hal-03636260, HAL.

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