Evolution of dynamic capabilities in low velocity industries - a case study of European shipbuilding industry

Kent Springdal; Anton Maljugin; Martha Mador

Evolution of dynamic capabilities in low velocity industries - a case study of European shipbuilding industry

Kent Springdal, Anton Maljugin, Martha Mador

Research output: Contribution to conference › Paper › peer-review

Abstract

This paper examines how dynamic capabilities have evolved in an industry which is moving from a relatively low velocity into moderately high velocity. Three ship building companies in Europe have been studied. This work has found that dynamic capabilities developed in stable environments lead to superior performance under conditions of environmental volatility; entrepreneurial behaviour on every managerial level is necessary in order to develop dynamic capacity and low-cost experimentations are one of the most effective methods to trigger dynamic capabilities.

Original language	English
Publication status	Published - 2013
Event	British Academy of Management (BAM) Conference 2013: Managing to Make a Difference - Liverpool, U.K. Duration: 10 Sept 2013 → 12 Sept 2013

Conference

Conference	British Academy of Management (BAM) Conference 2013: Managing to Make a Difference
Period	10/09/13 → 12/09/13

Bibliographical note

Organising Body: British Academy of Management

Keywords

strategy
dynamic capabilities
low velocity industry
shipbuilding
Business and management studies

Cite this

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title = "Evolution of dynamic capabilities in low velocity industries - a case study of European shipbuilding industry",

abstract = "This paper examines how dynamic capabilities have evolved in an industry which is moving from a relatively low velocity into moderately high velocity. Three ship building companies in Europe have been studied. This work has found that dynamic capabilities developed in stable environments lead to superior performance under conditions of environmental volatility; entrepreneurial behaviour on every managerial level is necessary in order to develop dynamic capacity and low-cost experimentations are one of the most effective methods to trigger dynamic capabilities.",

keywords = "strategy, dynamic capabilities, low velocity industry, shipbuilding, Business and management studies",

author = "Kent Springdal and Anton Maljugin and Martha Mador",

note = "Organising Body: British Academy of Management; British Academy of Management (BAM) Conference 2013: Managing to Make a Difference ; Conference date: 10-09-2013 Through 12-09-2013",

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AU - Maljugin, Anton

AU - Mador, Martha

N1 - Organising Body: British Academy of Management

PY - 2013

Y1 - 2013

N2 - This paper examines how dynamic capabilities have evolved in an industry which is moving from a relatively low velocity into moderately high velocity. Three ship building companies in Europe have been studied. This work has found that dynamic capabilities developed in stable environments lead to superior performance under conditions of environmental volatility; entrepreneurial behaviour on every managerial level is necessary in order to develop dynamic capacity and low-cost experimentations are one of the most effective methods to trigger dynamic capabilities.

AB - This paper examines how dynamic capabilities have evolved in an industry which is moving from a relatively low velocity into moderately high velocity. Three ship building companies in Europe have been studied. This work has found that dynamic capabilities developed in stable environments lead to superior performance under conditions of environmental volatility; entrepreneurial behaviour on every managerial level is necessary in order to develop dynamic capacity and low-cost experimentations are one of the most effective methods to trigger dynamic capabilities.

KW - strategy

KW - dynamic capabilities

KW - low velocity industry

KW - shipbuilding

KW - Business and management studies

M3 - Paper

T2 - British Academy of Management (BAM) Conference 2013: Managing to Make a Difference

Y2 - 10 September 2013 through 12 September 2013

ER -

Evolution of dynamic capabilities in low velocity industries - a case study of European shipbuilding industry

Abstract

Conference

Bibliographical note

Keywords

Fingerprint

Cite this