Dynamic capabilities and radical innovation performance in established firms: a structural model |
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| Authors: | Wen-Hong Chiu Hui-Ru Chi Ming-Huei Chen |
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| Institution: | 1. Department of Business Administration, Asia University &2. Department of Medical Research, China Medical University Hospital, China Medical University, Taichung, Taiwan;3. Department of International Business, Asia University, Taichung, Taiwan;4. Graduate Institute of Technology Management, National Chung Hsing University, Taichung, Taiwan |
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| Abstract: | The paper extends Teece’s model of dynamic capabilities (2007 Teece, D. 2007. “Explicating Dynamic Capabilities: The Nature and Microfoundations of (Sustainable) Enterprise Performance.” Strategic Management Journal 28 (13): 1319–1350. doi: 10.1002/smj.640Crossref], Web of Science ®] , Google Scholar]) into four types of capabilities: sensing, coordination, autonomy and reconfiguration capabilities. We further develop a structural model between four types of dynamic capabilities and radical innovation performance (RIP) in established firms. Based on a dataset of top 500 manufacturing established firms in Taiwan, the proposed hypotheses are tested using the structural equation models. The results reveal that four types of dynamic capabilities and RIP are positively correlated in a sequential and structural manner. This paper concludes the systemic development of dynamic capabilities can improve RIP in established firms. Finally, we point out some managerial implications for improving RIP in established firms. |
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| Keywords: | Radical innovation dynamic capabilities established firms |
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