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Open AccessJournal ArticleDOI

Business models and dynamic capabilities

David J. Teece
- 01 Jul 2017 - 
- Vol. 51, Iss: 1, pp 40-49
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TLDR
There is a need for future empirical work to flesh out the details of the relationships between business models, dynamic capabilities, and strategy, and studies that provide a better understanding of business model innovation, implementation, and change are needed.
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This article is published in Long Range Planning.The article was published on 2017-07-01 and is currently open access. It has received 1038 citations till now. The article focuses on the topics: Business rule & Component business model.

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Journal ArticleDOI

Building dynamic capabilities in tourism organisations for disaster management: enablers and barriers

TL;DR: In this article, the authors investigate the factors that enable or impede the development of tourism tourism management systems in the face of crisis and disaster, and propose a solution to manage these challenges.
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The collaborative economy and taxi services: moving towards new business models in Spain

TL;DR: The need to raise issues through a governance model in which all stakeholders can express their opinions will help achieve solutions based on consensus for real deregulation, and government will need to play a crucial role.
Proceedings Article

Archetypes of digital business models in logistics start-ups

TL;DR: This work develops an archetypical representation of current digital business models of Start-Ups in the logistics sector using different algorithms for cluster analysis to find and generate clusters based on commonalities between the business models across the dimensions and characteristics of the taxonomy.
Journal ArticleDOI

Toward a taxonomy of dynamic capabilities – a systematic literature review

TL;DR: The taxonomy provides a comprehensive and tangible picture of what dynamic capabilities look like in practice and improves existing knowledge and understanding by bridging the rigor-relevance gap between rather rigorous conceptual literature and rather relevant empirical research as it integrates them.
References
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Book ChapterDOI

Firm Resources and Sustained Competitive Advantage

TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.
Journal ArticleDOI

Dynamic capabilities and strategic management

TL;DR: The dynamic capabilities framework as mentioned in this paper analyzes the sources and methods of wealth creation and capture by private enterprise firms operating in environments of rapid technological change, and suggests that private wealth creation in regimes of rapid technology change depends in large measure on honing intemal technological, organizational, and managerial processes inside the firm.
Journal ArticleDOI

Dynamic capabilities, what are they?

TL;DR: Seeks to present a better understanding of dynamic capabilities and the resource-based view of the firm to help managers build using these dynamic capabilities.
Journal ArticleDOI

Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance

TL;DR: In this paper, the authors draw on the social and behavioral sciences in an endeavor to specify the nature and microfoundations of the capabilities necessary to sustain superior enterprise performance in an open economy with rapid innovation and globally dispersed sources of invention, innovation, and manufacturing capability.
Journal ArticleDOI

Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy

TL;DR: In this article, the authors explain why innovating firms often fail to obtain significant economic returns from an innovation, while customers, imitators and other industry participants be- nefit.
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