scholarly journals Proposing an innovation-based view of the firm

2019 ◽  
Vol 37 (1) ◽  
pp. 65-79 ◽  
Author(s):  
Gabriel J. Costello

Abstract The purpose of this paper is to contribute to the literature on theories of the firm and argues for the importance of an innovation-based view (IBV). In doing so, it examines the incumbent management theories of the firm, resource-based view (RBV), knowledge-based view (KBV) and dynamic capabilities, considering the recent developments in the academic literature and in the nature of the firm. The research approach of abduction (conceiving of theory) proposed by Peirce and described by Van de Ven is used. A conceptual framework that incorporates the growing influence of information and communications technology and open innovation on the characteristics of the firm is developed. The managerial tradition that originated in the scholarship of Edith Penrose is used to develop the framework, as opposed to the lens of economic ‘black box’ theories.

Author(s):  
Lior Fink

This article presents a conceptual framework of the business value of e-collaboration. In the past decade, firms have increasingly implemented collaborative technologies to support business activities, and investments in collaborative technologies have taken an increasing share of firms’ e-business investments. Presumably, such investments have been motivated by the notion that the implementation of collaborative technologies has business value. While research has repeatedly demonstrated the individual- and group-level impacts of collaborative technologies, it has rarely addressed their impacts at the organizational level and demonstrated their business value. In this article, I draw on three strategic management frameworks – the resource-based view of the firm, the knowledge-based view of the firm, and the dynamic capabilities perspective – to describe how specialized knowledge assets can be integrated through collaborative processes to create and sustain a competitive advantage. I then use this conceptualization as a platform for defining the organizational roles of collaborative technologies and the potential impact of each role on organizational performance. The main objective of this article is to provide a conceptual framework for researchers and practitioners who are interested in investigating and understanding the organizational impacts of collaborative technologies.


2020 ◽  
Vol 4 (2) ◽  
pp. e281
Author(s):  
Lucía Muñoz-Pascual ◽  
Jesús Galende

This paper identifies and analyses six relevant approaches for the analysis of Sustainable Human Resource Management and Organizational Performance: Resource-Based View, Dynamic Capabilities View, Knowledge-Based View, Behavioral Theory, Human Relations Theory, and Cooperative Systems and Ambidextrous Organizations. They are complementarity approaches. They can all be applied to the analysis of a specific resource or capability for sustainable human resource management (HRM) and, consequently, organisational performance. However, the contributions made by the Resource-Based View and the new approach of Ambidextrous Organizations seem to be the most comprehensive approaches for studying sustainable HRM from an internal perspective of firms that allows the long-term development of their organizational and society performance.


2021 ◽  
Vol 20 (1) ◽  
pp. e19041
Author(s):  
Pedro Henrique Rodrigues de Sousa ◽  
Edgar Reyes Junior ◽  
Caroline Cordova Bicudo da Costa ◽  
André Luiz Nascimento Reis

Objective: To analyze the innovation process in the light of the RBV and The Theory of the Growth of the Firm, by Edith Penrose.Methodology: A Systematic Literature Review was carried out using the Methodi Ordinatio. The Social Network Analysis technique was performed to determine which theoretical contexts the studies were based on.  Similarity Analysis was also carried out to identify the relationship between the elements of the focal approaches and the innovation process.Originality/relevance: The Penrose study is considered by many researchers to be the antecedent of what was later called Resource-Based View, however, most of these studies did not fully explain the contribution of Penrose´s theory in the specifics of the theoretical view. Although research on innovation has been based on theoretical approaches in the field of strategy, there have been no analyses that systematized the innovation process by integrating the Penrose theory and RBV.Main results: The studies that analyzed innovation from the RBV and the Theory of the Growth of the Firm emphasized the maintenance of competitive advantage as a result of its dynamic capabilities, as well as access to and use of organizational knowledge.The authors identified heterogeneous innovation resources and imperfectly mobile, such as user-technology interactions, trajectory-dependent capabilities, specialized assets, RD capabilities, and network ties.Theoretical contributions: The study revealed that through the continuous execution of the innovation process, unique core competencies (e.g., RD experience) are developed to improve heterogeneous and imperfectly mobile innovation resources.


Author(s):  
Douglas Miller

The Resource-Based View of the firm (RBV) is a set of related theories sharing the assumptions of resource heterogeneity and resource immobility across firms. In this view, a firm is a bundle of resources, capabilities, or routines which create value and cannot be easily imitated or appropriated by competitors due to isolating mechanisms. Grounded in the economic traditions of the “Chicago School” of economic efficiency, the “Austrian School” of economics, and organizational economics, the RBV comprises theories that explain the existence of (sustained) competitive advantage and of economic rents. Empirical research from this perspective addresses both firm performance and firm behavior at the level of business strategy (e.g., within-industry competition) and corporate strategy (e.g., acquisitions). Initially developed through a series of papers by several authors in the 1980s–1990s, major extensions and refinements of the RBV include the knowledge-based view of the firm (KBV), dynamic capabilities, and the relational view, which recognizes capabilities can be developed and shared through alliances between firms.


2020 ◽  
Vol 12 (2) ◽  
pp. 187-201
Author(s):  
Madhavi Kapoor ◽  
Vijita Aggarwal

Purpose The purpose of this paper is to trace the evolution of dynamic capabilities theory in the primal theories of economics and strategic management. Then a comprehensive research framework is proposed to grapple with the dynamics of the contemporary global markets, incorporating the quintessential elements of the theory, i.e. absorptive capability, innovation capability and adoptive capability. Design/methodology/approach The paper is conceptual in nature. It tries to review various economic systems of the world since 1770s till the present era. It also evaluates various theories of international business against dynamic capabilities theory and thus proposes various propositions for future empirical testing. Findings The study has delineated various theories tracing in them the roots of dynamic capabilities. Capitalism, communism and socialism is explained to reach the present state of world economy. Various theories such as the theory of creative destruction, transaction-cost approach, resource-based view and knowledge-based view of the firm have been elaborated to identify their features and shortcomings. Finally, the contemporary theory of dynamic capabilities has been elucidated to integrate the shortcomings of the previous theories. A research framework has also been proposed to overcome the recent criticism of the dynamic capabilities theory of having under-specified constructs. Originality/value Very few studies have elaborated various economic systems and theories to trace the evolution of dynamic capabilities theory. Thus, this study is original in nature and the proposed research model is also novel which induces further empirical evidence as proposed by the authors.


Author(s):  
Carlos Alberto M. S. Teles ◽  
Carlos Roberto Gonçalves Viana Filho ◽  
Felipe da Rocha Henriques

Information security is gradually becoming an area that plays an important role in our daily lives as information and communications technology assets grow with increasingly connected environments. Increasingly we have information from society having their data leaked due to information security flaws in both hardware and software of ICT assets. To identify failures of ICT assets, through the detection of malicious traffic, this chapter proposes a black-box-based framework that aims to detect malicious traffic. The black-box method allows monitor the network without accessing the software or hardware details. In the proposed framework, information security and network resource usage are used together in order to provide a reliable detection of malicious traffic. Firstly, the authors collected network traffic information, generating a dataset from open source networking tools. The proposed detection scheme can identify risks and threats like malware, suspect traffic, and others. The scheme was validated verifying the correlation between network security alerts and network resource usage.


2013 ◽  
pp. 131-146 ◽  
Author(s):  
M. Storchevoy

M. Storchevoy. Theory of the Firm and Strategic Management The paper considers the approaches to the theory of the firm developed by strategic management scholars: positioning theory, resource-based view, dynamic capabilities approach, knowledge-based view, strategic theory of the firm, as well as open innovations theory. The author shows how the ideas of these scholars correspond to the economic theory of the firm and demonstrates that there is little ground for existence of an autonomous “strategic theory of the firm”, but some concepts from strategic management literature may expand and enrich the economic theory of the firm.


2021 ◽  
Vol 26 (2) ◽  
pp. 209-218
Author(s):  
Royer David Estrada Esponda ◽  
Cesar A Collazos ◽  
Jonathan Eduardo Muñoz Rodríguez ◽  
Luis Daniel Rodriguez Torres ◽  
Gerardo Javier Cabrera Reynaga ◽  
...  

This article presents the actual state of the incorporation of HCI-related academic subjects to some Mexican universities’ academic programs. The research approach was exploratory and descriptive, also having a quantitative scope. The research considered the 5543 registered universities in all of Mexico in 2019. Results show that 1266 universities offer undergraduate and technical programs in the Information and Communications Technology field, from which 42.58% include 1548 courses related to HCI in their academic programs that are part of 1813 curricula. The courses were then classified into 10 categories proposed by the ACM/IEEE-CS “Joint Curriculum Task Force Computing Curricula”. Additionally, in relation to human capital, it was found that 95.40% of college graduates that studied in a university that includes HCI subjects, had to take them in order to get their degree while 4.30% had the possibility of taking them optionally. Finally, after reviewing 4 different job search platforms, 24827 offers were found that required skills and knowledge related to HCI. This certainly shows that Mexican universities know what is needed and have been developing professionals with skills based on industry needs, at least in the HCI field.    


Author(s):  
Daniel Prokop

This paper reviews the key theories of the firm and considers their relevance to studying and understanding academic spinoffs as a special case of firms. The theory of the firm is an important aspect in entrepreneurship literature, as without clear understanding of the parameters influencing firm's behaviour, it remains difficult to predict its decisions to secure sustainable growth and ensure development of the economy overall. The paper considers the contribution of transaction cost theory, managerial theory, resource-based view, knowledge-based view, and dynamic capabilities, to the understanding of the academic spinoff. In essence, these theoretical explanations lend multiple perspectives that offer a greater insight into the academic spinoff firm by illuminating the issues of its boundaries, entrepreneurs, resources, knowledge, and networks. It is concluded that understanding academic spinoffs requires acknowledging this theoretical plurality. In response to this challenge, the paper proposes the Academic Spinoff Theory of the Firm.


Author(s):  
Bill Davey ◽  
Arthur Tatnall

In a change from 20 years ago, the majority of Information and Communications Technology (ICT) professionals in Australia now have some form of initial tertiary qualification and also understand the need for keeping up-to-date with new technologies, processes and concepts. They thus typically engage in some form of on-going professional development or Lifelong Learning. Not all, however, fully realise the need to keep up with other issues such as ethics and professionalism. In this article we look at what is meant by ICT professionalism, particularly from an Australian perspective, and consider its importance. Professionalism in ICT should be seen as a way of maximising quality and reducing risks. The ICT industry itself is changing and the Australian Computer Society is in the process of developing a new ICT Body of Knowledge, based on specific Technical and also Professional Knowledge. This article examines how the issue of professionalism is handled in Australia in both undergraduate education and lifelong learning of ICT professionals. It gives examples of how ICT professionalism in undergraduate courses is handled, and looks at examples of why and how ICT professionals undertake further education and lifelong learning.


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