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

Kent Springdal, Martha Mador, Anton Maljugin

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review


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 languageEnglish
Title of host publicationBritish Academy of Management
Publication statusPublished - 10 Sept 2013

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