Dynamic capabilities in R&D Management - How to identify?
Why does corporate R&D perform differently? The Dynamic Capability (DC) theory could be a useful conceptual lens to focus on why some firms consistently outperform within a dynamic environment. However research in this area is still spare. This paper seeks to summarize state of the art research on the DC theory especially works linking with R&D management. It discusses important fundamentals which require to be taken into closer consideration in future research of DC in R&D such as the emergence of multilayered dynamism in R&D management. Our literature review suggests paying more attention to specific micro processes and drivers behind these capabilities in order to understand the formation of DC. It also points out that modern R&D management has developed into an integrated management field comprising a wide variety of complementary management issues offering novel opportunities for DC building. The emergence of ‘higher order' capability i.e. DC could follow an evolutionary path.
contribution to scientific community
Proceeding of the 2005 R&D Management Conference
R&D Management Conference (RADMA) 2005