Agile Strategy Formation: Knowledge-Creation Capability for Entrepreneurial Success in Bio-Based Commodities

Siti Yasmina Zubaedah ()
Additional contact information
Siti Yasmina Zubaedah: Universitas Bunda Mulia

A chapter in Proceedings of the 12th Gadjah Mada International Conference on Economics and Business (GAMAICEB 2024), 2025, pp 146-161 from Springer

Abstract: Abstract A firm’s development path leads to a series of strategy formulations and implementations, or strategy formation cycles. In the face of inevitable changing circumstances, businesses should build the agility to properly arrange strategy formations to maintain performance. This study explores the significance of knowledge-creation capability to ensure effective adaptation when strategy adjustments become imperative. Adopting a conceptual framework developed from previous literature, the case of ChiliCo was examined to evaluate strategy formation circumstances that lead to effectiveness. Case analysis offered three propositions related with embedding knowledge-creation capability as antecedent to strategy formulation. Discussions presented in this article shows that knowledge creation is especially important during entrepreneurial strategy formation where the choice to capture opportunities and adjust the business determine value enhancements.

Keywords: Business Strategy; Entrepreneurship; Knowledge Management; Firm Adaptation; Performance (search for similar items in EconPapers)
Date: 2025
References: Add references at 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:spr:advbcp:978-94-6463-692-5_9

Ordering information: This item can be ordered from
http://www.springer.com/9789464636925

DOI: 10.2991/978-94-6463-692-5_9

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().