Journal Article10.1002/SMJ.4250131009
Core capabilities and core rigidities: a paradox in managing new product development
TL;DR: The nature of the core capabilities of a firm is examined, focusing in particular on their interaction with new product and process development projects, and two new concepts about core capabilities are explored here.
read more
Abstract: This paper examines the nature of the core capabilities of a firm, focusing in particular on their interaction with new product and process development projects. Two new concepts about core capabilities are explored here. First, while core capabilities are traditionally treated as clusters of distinct technical systems, skills, and managerial systems, these dimensions of capabilities are deeply rooted in values, which constitute an often overlooked but critical fourth dimension. Second, traditional core capabilities have a down side that inhibits innovation, here called core rigidities. Managers of new product and process development projects thus face a paradox: how to take advantage of core capabilities without being hampered by their dysfunctional flip side. Such projects play an important role in emerging strategies by highlighting the need for change and leading the way. Twenty case studies of new product and process development projects in five firms provide illustrative data.
read more
Chat with Paper
AI Agents for this Paper
Find similar papers on Google Scholar, PubMed and Arxiv
Write a critical review of this paper
Analyze citations of this paper to find unaddressed research gaps
Citations
Penrose’s Resource-Based Approach: The Process and Product of Research Creativity
Yasemin Y. Kor,Joseph T. Mahoney +1 more
TL;DR: The Theory of the Growth of the Firm is one of the most influential books of the second half of the twentieth century bridging economics and management as mentioned in this paper. Yet, there is little understanding of the process by which this classic came about and the lessons to be learned concerning research creativity.
394
Intellectual capital – defining key performance indicators for organizational knowledge assets
TL;DR: The paper introduces the knowledge asset dashboard to clarify the important actor/infrastructure relationship, which elucidates the dynamic nature of these assets and describes the value pathways of knowledge assets before designing strategic key performance indicators which can then be used to test the assumed causal relationships.
393
Competition and Business Strategy in Historical Perspective
Pankaj Ghemawat,Pankaj Ghemawat +1 more
TL;DR: In this article, a history of ideas about business strategy and how they came to be influenced by competitive thinking is presented, focusing on efforts in the 1970s and the 1980s to deepen the analysis of industry attractiveness and competitive position and, since then, to add a historical or time-dimension to what used to be predominantly static modes of analysis.
392
Tradeoffs in marketing exploitation and exploration strategies: The overlooked role of market orientation
TL;DR: In this article, the authors argue that a firm's market orientation allows it to combine marketing exploitation and exploration strategies effectively by providing a unifying frame of reference focused on customer goals, facilitating market information flows between the two strategy processes, and integrating the two activities by serving as a dynamic market linking capability.
392
The Impact of Acquisitions on Innovation: Poison Pill, Placebo, or Tonic?
TL;DR: In this paper, the authors present an alternative view that for firms that first engage in internal knowledge development, the knowledge-based view suggests that acquisitions can help innovation; that is, they can be a tonic for innovation.
References
•Book
Organizational Culture and Leadership
Edgar H. Schein
- 19 Mar 1985
TL;DR: A review of the book "Organizational Culture and Leadership" by Edgar H. Schein is given in this article, where the authors present a review of their approach to organizational culture and leadership.
•Book
The Constitution of Society. Outline of the Theory of Structuration
Anthony Giddens
- 01 Jan 1984
TL;DR: Giddens as discussed by the authors has been in the forefront of developments in social theory for the past decade and outlines the distinctive position he has evolved during that period and offers a full statement of a major new perspective in social thought, a synthesis and elaboration of ideas touched on in previous works but described here for the first time in an integrated and comprehensive form.
19.2K
Locating the 17th Book of Giddens@@@The Constitution of Society: Outline of the Theory of Structuration.
Alan Sica,Anthony Giddens +1 more
TL;DR: Giddens as mentioned in this paper has been in the forefront of developments in social theory for the past decade and outlines the distinctive position he has evolved during that period and offers a full statement of a major new perspective in social thought, a synthesis and elaboration of ideas touched on in previous works but described here for the first time in an integrated and comprehensive form.
16.9K
The Core Competence of the Corporation
C. K. Prahalad,Gary Hamel +1 more
TL;DR: The most powerful way to prevail in global competition is still invisible to many companies as discussed by the authors, which is why the concept of the corporation itself has not yet been recognized as a powerful competitive advantage.
16.2K