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Cited by 3,695Innovation and Knowledge ManagementBusiness Strategies and InnovationService and Product Innovation

Business models and dynamic capabilities

Open access
Teece, David J.·2018·Long Range Planning
DOI 10.1016/j.lrp.2017.06.007
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Abstract

Business models, dynamic capabilities, and strategy are interdependent. The strength of a firm's dynamic capabilities help shape its proficiency at business model design. Through its effect on organization design, a business model influences the firm's dynamic capabilities and places bounds on the feasibility of particular strategies. While these relationships are understood at a theoretical level, there is a need for future empirical work to flesh out the details. In particular, studies that provide a better understanding of business model innovation, implementation, and change will also shed light on important aspects of dynamic capabilities.

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  • The purpose of the CE-Driven BM Configurator is to trigger a change of mindset towards circular economy by acting around the dynamic capabilities concept.

    “The purpose is to trigger a change of mindset towards CE by acting around the dynamic capabilities concept (individual managerial and organizational skills) [41].”

    From Configuring New Business Models for Circular Economy through Product–Service Systems (2019) · cites this paper as [41]

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Research works printed but not linked: 36

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Authors
Teece, D. J.
Affiliations
University of California, Berkeley (US)
Corresponding author
Teece, David J.
ORCID
Teece, David J.
Venue
Long Range Planning
Publisher
Elsevier BV
Published
2018-02
Volume
51
Issue
1
Pages
40-49
ISSN
0024-6301 (ISSN-L)
DOI
10.1016/j.lrp.2017.06.007
OpenAlex
W2738241474
Cited by
3,695
References
3
Citations by year
2026: 1068 · 2025: 599 · 2024: 455 · 2023: 451 · 2022: 368 · 2021: 320 · 2020: 234 · 2019: 147 · 2018: 49 · 2017: 2 · 2015: 1 · 2014: 1
FWCI
234.86
Type
journal article
Language
en
Open access
Licence
Locations
  • Long Range Planning (publishedVersion, cc-by-nc-nd)
  • SSRN Electronic Journal (acceptedVersion)
  • eScholarship (California Digital Library) (submittedVersion, cc-by-nc-nd)
Topics
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Business Strategies and Innovation
  • Social Sciences › Business, Management and Accounting › Marketing › Service and Product Innovation
Keywords
business models, dynamic capabilities, business model innovation, business model implementation, business model transformation, strategy, organizational design, organizational capabilities

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