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The dynamic capability theory addresses these limitations by positing that the performance variation between firms is not by simple heterogeneity but it is due to the different capabilities firm possess (Eisenhardt and Martin 2000; Makadok 2001).
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We highlight implications about what relational capabilities firms should nurture in order to best source knowledge from universities.
Upon reaching higher levels of technological capabilities, firms become more reliant upon patents and less on utility models.
In a knowledge-network economy, shedding light on A/DCAP could be interesting both for scholars and for practitioners to better assess which capacities and capabilities firms need to manage from inside and which, instead, they should take to the market, considering the transferor role of universities in the knowledge transfer process.
By maintaining internal development capabilities, firms are able grow from retained earnings generated by contract research work and other revenues, as Shantha did.
Furthermore, this analysis identifies five industry sector characteristics that influence the level of government effort necessary to support commercialization: the size, strength, and risk of the private market niche; industry structure; firm financial capability; firm technological capability; and sources of innovation.
We show that the PH holds for high-capability firms, but not for low-capability firms.
Using a large-scale panel data set consisting of 1676 firm-day observations from Dell and Starbucks, we examine the impacts of OUIC-enabled capabilities on firm value.
Beyond assessing incentives and capabilities, the firm must also address the question of ecosystem leadership.
Despite the generally positive contribution of supply management capabilities to firm performance their respective routines require more depth of assessment.
"IT Assets, Organizational Capabilities and Firm Performance: Do Resource Allocations and Organizational Differences Explain Performance Variation?" Sinan Aral and Peter Weill, MIT Sloan Working Paper 4632-06.
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