New Dimensions Added for Enhanced Core Competence Application

Urban Ljungquist (urban.ljungquist@bth.se)
Additional contact information
Urban Ljungquist: CSIR, Blekinge Inst of Technology, Postal: CSIR, School of Management, Blekinge Inst of Technology, 371 79 Karlskrona, Sweden

No 2012/03, Working Papers from Blekinge Institute of Technology, Department of Industrial Economics

Abstract: We update the original core competence notions of identification and development to fit high efficient innovation processes in dynamic environments, with aim to progress the concept's applicability for scholars and practitioners.

To the core competence concept we add four dimensions previously missing: time (shared history and shared future aims), managerial hierarchy levels (corporate and SBU), innovation development modes and outcome types (radical/incremental and exploitation/exploration), and finally innovation team characteristics and support structure (homogenous/heterogeneous and formal/informal structure).

We propose that existing core competencies are ideally explored by homogenous teams managed at the SBU-level, in structured context, which infers competitive imitation protection. The process starts with identification then progressed by a change in structure: going from formal to informal, which will increase core competence and company performance.

Keywords: Core competence; time; managerial hierarchy levels; innovation; ambidexterity; support structure. (search for similar items in EconPapers)
JEL-codes: M10 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2012-03-08
New Economics Papers: this item is included in nep-cse and nep-ino
Note: This paper is part of the research project No. 2011/0020 founded by the Swedish Knowledge Foundation.
References: View references in EconPapers View complete reference list from CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:bthcsi:2012-003

Access Statistics for this paper

More papers in Working Papers from Blekinge Institute of Technology, Department of Industrial Economics Department of Industrial Economics, Blekinge Inst of Technology, 371 79 Karlskrona, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Martin Andersson (martin.andersson@bth.se).