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

Demetris Vrontis (), Gianpaolo Basile, Mauro Sciarelli () and Mario Tani
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Demetris Vrontis: University of Nicosia
Gianpaolo Basile: Universitas Mercatorum
Mauro Sciarelli: University of Naples Federico II
Mario Tani: University of Naples Federico II

Chapter 6 in The Changing Role of SMEs in Global Business, 2020, pp 109-131 from Palgrave Macmillan

Abstract: 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.

Keywords: Innovation; Exploration; Exploitation; Dynamic capabilities; Systems thinking (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pscchp:978-3-030-45835-5_6

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DOI: 10.1007/978-3-030-45835-5_6

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