Teece (1997) developed the concept of dynamic capabilities. I would be interested in knowing which dynamic capabilities might in particular important for technology startups.
can go through
Entrepreneurial resources, dynamic capabilities and start-up
performance of Taiwan's high-tech firms
INNOVATION MANAGEMENT
CAPABILITIES FOR START
UPS AND
SPIN OFFS
: A LITERATURE REVIEW
technology start ups need to manage unforeseen uncertainties . In the start up projects, the managers face more of unknown unknowns and less of known unknown
I suggest you go through the journal article in
Managing Complexity and Unforeseeable Uncertainty in Startup Companies: An Empirical Study Authors : Svenja C. Sommer C , Jing Dong and Loch C.H.
Organization Science , Vol 20 , No 2009 pp 118-133
It discusses an empirical study of several Taiwanese start ups.
I hope this helps
Some recent literature has leading with this issue:
- Balasubramanian, N. (2011) considers 'learning by doing' as a DC.
- Thiele P., Fellnhofer K. (2015) adress cognitive dynamic capabilities
BALASUBRAMANIAN, N. New Plant Venture Performance Differences Among Incumbent, Diversifying, and Entrepreneurial Firms: The Impact of Industry Learning Intensity. Management Science, v. 57, n. 3, p. 549-565, Mar 2011
THIELE, P.; FELLNHOFER, K. The impact of pre-startup planning on the strength of planning assumptions and the mode of processing. International Journal of Entrepreneurial Venturing, v. 7, n. 2, p. 173-193, 2015
In my opinion, dynamic capabilities for startups are: Resource, Innovation, Products or Services ( RIPS ) along with risk taking ability and achievement motivation. RIPS require capability to be handled successfully or else startup will be ripped.
Dear Sven,
Actually, I disagree with your question. Dynamic capabilities do not really have "types". They are a congruent concept and one cannot say that, for example, innovation is a type of DC. It may be a part of DC.
I agree with you that there might be DC of different type. I wrote a paper on it: https://www.researchgate.net/publication/277016752_Multilevel_Model_of_Dynamic_Capabilities?ev=prf_pub
But since it is one of my first academic works, please be not too critical to the way of argumentation ;)
I think that DC can be different, for example, according to their diection: directed towards adaptation or towards a market change. You can find the notion by Eisenhardt and Martin (2000).
If you, however, want to know which components of DC might be more important for Startups, you have to make an explorative study on it. The reason is - each firm has its way to achieve dynamic (equifinality, as mentioned by Eisenhardt and Martin). Since Startups may differ from other established firms, they can indeed have their intrinsic mechanism to face environmental dynamism. May be creativity might represent a microfoundation for them. Look for the conference paper by Zott & Huy, 2012. The scholars proposed the notion of activation, showing that emotional states of managers (in you case startup founders) might be crucial for DC.
I hope I did not destroy your vision of DC in startups.
Sincerely,
Eugene
Conference Paper Multilevel Model of Dynamic Capabilities
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