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This path-breaking book provides unique insights into the organisational realities of strategic reconfigurations in uncertain markets, thus advancing the dynamic capability perspective.Dynamic capabilities continue to excite academics. It is a perspective that promises explanations of competitive advantage, but its full potential remains somewhat hidden behind abstract notions. This eloquent volume seeks to overcome the challenge by combining the theory and practice of organisational resource configurations. Joint contributions by expert academics and business executives demystify, but also confirm, elements of the theory. Thus, the book integrates dynamic capabilities with organisational realities as well as with adjacent theories of strategic innovation and entrepreneurship. Strategic Reconfigurations provides a guide to strategic management in turbulent times, for students, researchers, and professionals alike. Business executives in high-velocity markets will find the book invaluable.
Edited by Stuart Wall, former Professor of Economics and Head of Department, Ashcroft International Business School, Anglia Ruskin University, UK, Carsten Zimmermann, Assistant Professor of Management, University of San Diego, US, Ronald Klingebiel, Frankfurt School of Finance & Management, UK and Dieter Lange, Arthur D. Little GmbH, Germany
Contents:ForewordDavid TeeceIntroductionStuart Wall, Carsten Zimmermann, Ronald Klingebiel and Dieter LangePART I: DYNAMIC CAPABILITIES AND ORGANISATIONAL THEORY1. Leveraging Dynamic Capabilities: A Contingent Management Control System ApproachIan McCarthy and Brian Gordon2. The Impact of Opposing Governance Systems on Radical innovation: Insights from the Dynamic Capabilities ViewMichael Horn and Carsten Zimmermann3. Shaping the Context for Learning: Corporate Alignment Initiatives, Environmental Munificence and Firm PerformanceSebastian Raisch and Florian Hotz4. The Knowledge-based Perspective on Dynamic CapabilitiesAino Kianto and Paavo RitalaPART II: DYNAMIC CAPABILITIES AND STRATEGIC ENTREPRENEURSHIP5. Strategic Management Theory and the State: Insights from the Dynamic Capabilities ViewDan Breznitz and Carsten Zimmermann6. Resource Acquisition and Venture Survival in the Telecommunications IndustryBerna Polat7. Growth Paths and Economic SuccessThomas Hutzschenreuter, Fabian Günther and Johannes Voll8. Deploying Strategic Initiatives: Further Consideration of the Flexibility–Stability BalanceRonald Klingebiel9. A Dynamic Capability Framework: Generic Types of Dynamic Capabilities and their Relationship to EntrepreneurshipEinar Lier MadsenPART III: DYNAMIC CAPABILITIES IN PRACTICE10. The Power of Fixed Mobile Convergence: The Changes in the Telecommunications Industry and the Role of Dynamic CapabilitiesStefanie Düker, Silvia Boßow-Thies, Philipp Zimmermann and Dieter Lange11. Strategic Value Chain Redefinitions: Operationalising the Dynamic Capability ViewRonald Klingebiel and Dieter LangeIndex
‘In a world of ever increasing talent and ever more rapid creation of new knowledge, and in a world that is growing in complexity by the day, it is truly intriguing to learn of capabilities for success and failure in rapid innovation-based industries. The fusion of academic concepts and empirical insights make this book a source of inspiration for inquiring managers.’