Dynamic Capabilities and System Thinking: The Role of Networking Capabilities to Foster Innovation in SMEs

Demetris Vrontis, Gianpaolo Basile, Mauro Sciarelli, Mario Tani

    Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

    Abstract

    In the present work, the authors investigate the relationship between exploitation, exploration processes and firm performance in the ecosystem of the Italian sharing economy in the face of change. Their research results show that the propensity to adapt dynamically to the environment is significantly higher for companies that are aware of belonging to a network. This fundamental question has engaged scholars from disciplines as disparate as management, strategy, organizational sociology, psychology, and economics that contributed also to redefine the firm concept. On these considerations, in the present work the firm will be considered as a complex and adaptive system composed of tangible and intangible components in interaction to achieve survival by creating and maintaining dynamic relations with numerous and heterogeneous stakeholders.

    Original languageEnglish
    Title of host publicationPalgrave Studies of Cross-Disciplinary Business Research, in Association with EuroMed Academy of Business
    PublisherPalgrave Macmillan
    Pages109-131
    Number of pages23
    DOIs
    Publication statusPublished - 2020

    Publication series

    NamePalgrave Studies of Cross-Disciplinary Business Research, in Association with EuroMed Academy of Business
    ISSN (Print)2523-8167
    ISSN (Electronic)2523-8175

    Keywords

    • Dynamic capabilities
    • Exploitation
    • Exploration
    • Innovation
    • Systems thinking

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