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Dynamic capabilities vs. innovation capability: are they related?

Lidija Breznik (Faculty of Economics, University of Ljubljana, Ljubljana, Slovenia)
Robert D. Hisrich (Thunderbird School of Global Management, Glendale, Phoenix, Arizona, USA)

Journal of Small Business and Enterprise Development

ISSN: 1462-6004

Article publication date: 12 August 2014

8692

Abstract

Purpose

The purpose of this paper is to provide insights into the relationship between dynamic capabilities and innovation capabilities. It links dynamic capability with innovation capability and indicates the ways they can be related.

Design/methodology/approach

The relationships between dynamic and innovation capability were investigated through a systematic literature review.

Findings

The review indicates that common characteristics exist between of the both fields, which demonstrate six relationships. Additionally, findings show some inconsistencies and even contradictions.

Originality/value

In this paper, the authors have compared dynamic capabilities, a relatively new approach in the field of strategic management, with innovation capabilities, a widely recognised crucial domain for sustained competitiveness. Since both areas address issues that are essential to today's environment, future research should seek to clarify both concepts, by undertaking some new research and developing comprehensive and unambiguous framework.

Keywords

Acknowledgements

This paper has been supported by the Walker Center for Global Entrepreneurship at Thunderbird School of Global Management, USA, and by the EU, European Social Fund and the Republic of Slovenia, Ministry of Higher Education, Science and Technology.

Citation

Breznik, L. and D. Hisrich, R. (2014), "Dynamic capabilities vs. innovation capability: are they related?", Journal of Small Business and Enterprise Development, Vol. 21 No. 3, pp. 368-384. https://doi.org/10.1108/JSBED-02-2014-0018

Publisher

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Emerald Group Publishing Limited

Copyright © 2014, Emerald Group Publishing Limited

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