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Dynamic capabilities in R&D Management - How to identify?
Type
conference paper
Date Issued
2005-07-07
Author(s)
Abstract
Why does corporate R&D perform differently? The Dynamic Capability (DC) theory could be a useful conceptual lens to focus on why some firms consistently outperform within a dynamic environment. However research in this area is still spare. This paper seeks to summarize state of the art research on the DC theory especially works linking with R&D management. It discusses important fundamentals which require to be taken into closer consideration in future research of DC in R&D such as the emergence of multilayered dynamism in R&D management. Our literature review suggests paying more attention to specific micro processes and drivers behind these capabilities in order to understand the formation of DC. It also points out that modern R&D management has developed into an integrated management field comprising a wide variety of complementary management issues offering novel opportunities for DC building. The emergence of ‘higher order' capability i.e. DC could follow an evolutionary path.
Project(s)
Language
English
Keywords
Dynamic Capability
R&D
Capability
HSG Classification
contribution to scientific community
Refereed
Yes
Book title
Proceeding of the 2005 R&D Management Conference
Event Title
R&D Management Conference (RADMA) 2005
Event Location
Pisa, Italy
Event Date
06-08.07.2005
Subject(s)
Division(s)
Eprints ID
22447