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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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Citations
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Journal ArticleDOI

Extending dynamic capabilities towards lean thinking in humanitarian supply chains

TL;DR: Humanitarian supply chain (HSC) research is still in its infancy and remains an enigma, due to its profound differences with the much-researched field of global supply chains as discussed by the authors.
Journal ArticleDOI

Big data analytics in innovation processes: which forms of dynamic capabilities should be developed and how to embrace digitization?

TL;DR: In this paper, the role of big data analytics in supporting firms' innovation processes is analyzed from a dynamic capabilities perspective, and the importance of counterintuitive strategies aimed at developing innovative products, services, or solutions with characteristics that may initially diverge, even significantly, from established customer/user needs.
Journal ArticleDOI

Sustainable business model innovation: Scale development, validation and proof of performance

TL;DR: In this article , a validated measurement scale for sustainable business model innovation (SBMI) is proposed, using an initial sample of 20 respondents (for qualitative enquiry), followed by a quantitative validation (using two sample sets of 130 and 200 SMEs from Saudi Arabia).
Proceedings Article

Does business model matter for startup success? a quantitative analysis

TL;DR: This research builds on a dataset of 500 startups and analyzes the relationship of their applied business model patterns and their business performance to reinforce the importance of business models for startup success and provide clear guidance regarding which business model pattern increases the probability of startup survival.
Journal ArticleDOI

Business model innovation in video-game consoles to face the threats of mobile gaming: Evidence from the case of Sony PlayStation

TL;DR: In this paper, the authors investigated how videogame consoles have innovated their business model (BM) in response to the entrance of mobile games and identified the innovations that were identified were coded in terms of value creation and value capture mechanisms.
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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