Toward a Creative Dynamic Capabilities Creation Framework: The Evidence from Creative Business Ecosystems

2020 ◽  
pp. 567-574
Author(s):  
Elena Avram ◽  
Carmen Aida Hutu ◽  
Adriana Bujor
Keyword(s):  
Dynamic Capabilities ◽  
Business Ecosystems

Dynamic Capabilities, the Multinational Corporation, and Capture oF Co-created Value from Innovation

2019 ◽  
pp. 456-489
Author(s):  
Christos N. Pitelis ◽  
David J. Teece
Keyword(s):  
Property Rights ◽  
Transaction Costs ◽  
Multinational Corporation ◽  
Dynamic Capabilities ◽  
Market Failure ◽  
Innovative Activity ◽  
Business Ecosystems ◽  
Managerial Activity

Extant explanations of the nature and scope of firms, such as transaction costs, property rights, metering, and “resources,” can be integrated into a more general capability-based theory of the nature and essence of the firm that recognizes the importance to the firm of creating and capturing value from innovation. The appropriability of returns from creative and innovative activity often requires the entrepreneurial creation and co-creation of markets and business ecosystems. Accordingly, market failure and transaction costs approaches need to be revamped to capture the essence of entrepreneurial and managerial activity that extends beyond the mere exercise of authority within existing firms and markets.

Dynamic capabilities and institutional size of financial cooperatives

2020 ◽  
Vol 31 (1) ◽  
pp. 11-27
Author(s):  
Michael Omeke ◽  
Pascal T. Ngoboka ◽  
Isaac N. Nkote ◽  
Isaac Kayongo
Keyword(s):  
Dynamic Capabilities ◽  
Financial Cooperatives ◽  
Institutional Size

Business Ecosystems- to Dominate in the Modern Business

2012 ◽  
Vol 2 (5) ◽  
pp. 354-355
Author(s):  
C. RADHIKA C. RADHIKA ◽  
◽  
M. KOUSALYADEVI M. KOUSALYADEVI ◽  
V. BALAMURUGAN V. BALAMURUGAN
Keyword(s):  
Business Ecosystems ◽  
Modern Business

Developing a Strategy for the Digital Transformation of an Enterprise with Allowance for the Capabilities of Business Ecosystems

2020 ◽  
Vol 26 (6) ◽  
pp. 629-642
Author(s):  
T. A. Gileva ◽  
A. V. Babkin ◽  
G. A. Gilev
Keyword(s):  
High Efficiency ◽  
Direct Interaction ◽  
Digital Transformation ◽  
Business Trend ◽  
Digital Environment ◽  
Digital Platforms ◽  
Business Ecosystems ◽  
Key Aspects ◽  
Enterprise's Competitiveness ◽  
Transformation Strategy

The presented study analyzes the processes of creating ecosystems in the context of external challenges and increasing the level of competitive market environment and global digitalization of business to develop a strategy for the digital transformation of an enterprise.Aim. The study aims to assess the practicability of creating ecosystems when developing a strategy for the digital transformation of traditional (“defensive”) enterprises and to provide recommendations for their utilization.Tasks. The authors analyze the characteristics, features, and typology of business ecosystems; substantiate the need to analyze and use the capabilities of business ecosystems in the development of a strategy for corporate development in the digital environment; describe the essence, key aspects of development, and propose a modular structure for the strategy of the digital transformation of an enterprise; develop a conceptual framework for the strategic management of the digital transformation of an enterprise; formulate recommendations for selecting ecosystems that would enhance the enterprise’s competitiveness.Methods. This study uses general scientific methods of cognition in various aspects to propose approaches and a conceptual model of the corporate digital transformation strategy with allowance for the capabilities of business ecosystems.Results. The authors show that in the context of the developing digital economy, business ecosystems have become a new way to organize economic activity due to their high efficiency and rapid scaling. There are two major types of ecosystems: centralized (transaction) ecosystems in the form of digital platforms and adaptive (solution) ecosystems formed by the orchestrating company to create a new value proposition by joint efforts of partners from various industries through direct interaction with each other. The study identifies stages in the development of a digital transformation strategy based on enhancing the enterprise’s competitiveness through its participation in the ecosystem(s) and formulate recommendations for selecting ecosystems that would improve the efficiency of the enterprise.Conclusions. Ecosystem development is a business trend that determines the competitiveness of enterprises and improves the efficiency of their operation in the digital environment. Therefore, under modern conditions, an enterprise should develop its digital transformation strategy based on the creation and/or use of business ecosystems.

PROJECTIVE ACTIVITY APPROACH TO SPATAL MANAGEMENT OF NATURAL RESOURCE ASSETS

2018 ◽  
pp. 63-70
Author(s):  
Igor Bystryakov ◽  
Dmitry Klynovyi
Keyword(s):  
Natural Resource ◽  
Economic Activity ◽  
Business Processes ◽  
Public Welfare ◽  
Investment Projects ◽  
Optimal Organization ◽  
Spatial Management ◽  
Business Ecosystems ◽  
Individual Value

The aim of the article is determination of system signs of the projective approach to the spatial management of natural resource assets in business-ecosystems through a competition and collaboration of management entities, with maximization of public welfare due to optimal organization of business processes in physical, informative and financial spaces. It is exposed a difference between projective-activity and economic-activity approaches as the displacement of administrative attention from an enterprise on a product, through realization of investment projects by totality of productive and logistic enterprises with creation its shared value, that exceeds individual value, created by a separate enterprise.

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