Evolution of dynamic capabilities in low velocity industries: A Case Study of European Shipbuilding Industry

Kent Springdal; Martha Mador; Anton Maljugin

Evolution of dynamic capabilities in low velocity industries: A Case Study of European Shipbuilding Industry

Kent Springdal, Martha Mador, Anton Maljugin

Faculty of Business and Law

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › 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
Title of host publication	British Academy of Management
Publication status	Published - 10 Sept 2013

Cite this

@inproceedings{c094a354607f48d383ad9afd6eb99a93,

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. ",

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

year = "2013",

month = sep,

day = "10",

language = "English",

isbn = "9780954960865",

booktitle = "British Academy of Management",

}

TY - GEN

T1 - Evolution of dynamic capabilities in low velocity industries

T2 - A Case Study of European Shipbuilding Industry

AU - Springdal, Kent

AU - Mador, Martha

AU - Maljugin, Anton

PY - 2013/9/10

Y1 - 2013/9/10

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.

M3 - Conference contribution

SN - 9780954960865

BT - British Academy of Management

ER -