• Abstract

    EXPLORING THE RELATIONSHIP BETWEEN DYNAMIC CAPABILITIES AND INNOVATION PERFORMANCE IN TECHNOLOGY-BASED STARTUPS

    Published date: 25/07/2024

    Objective: To explore the relationship between dynamic capabilities and innovation performance in technology-based startups.

    Methodology: We measured the constructs of Absorptive Capacity, Adaptive Capacity, Innovative Capacity, and Innovation Performance. We collected data from 15 startups and used the Qualitative Comparative Analysis (QCA) methodology for data analysis.

    Results: The results showed that dynamic capabilities play a relevant role in the innovation performance of technology-based startups. Different combinations of these capabilities were associated with positive innovation performance.

    Theoretical implications: The results of this research contribute to the advancement of theoretical knowledge in the field of study, providing a deeper understanding of the causal relationships and regularities present in the phenomenon investigated.

    Social implications: Analyzing dynamic capabilities and their impact on innovation performance is expected to provide insights into developing effective innovation strategies and the sustainable growth of technology-based startups.

    Originality: Although studies have explored organizational dynamic capabilities in different contexts, there are still theoretical-empirical gaps in understanding the relationship between dynamic capabilities and innovation performance in technology-based startups. Therefore, this study contributes to the literature by providing a more individualized view of the configurations of dynamic capabilities in technology-based startups and their relationship with innovation performance. We adopted the Qualitative Comparative Analysis (QCA), which combines qualitative and quantitative approaches to examine the analytical coherence of a set of cases regarding the relevant causal conditions.

    Limitation and future studies: We need to consider a limitation, namely the restricted sample of companies used in the study, which limits the generalization of the results, although the investigation effectively invited several startups to participate in the research. We recommend that future studies advance knowledge in the field of dynamic capabilities in technology-based startups in connection with other variables, such as profitability and growth, business environment, cooperative capacity, volume of innovations, internationalization, and strategic leadership, which are beyond the scope of this study.

  • References

    Akgun, A. E., Keskin, H., & Byrne, J. (2012). Antecedents and Contingent Effects of Organizational Adaptive Capability on Firm Product Innovativeness: Organizational Adaptive Capability. The Journal of Product Innovation Management, 29, 171-189.

    Alvarenga, M. A., Costa, P. R. da, & Ruas, R. L. (2022). Antecedentes atitudinais de capacidades dinâmicas. Revista Alcance, 29(1), 105-121.

    Arora, A., Athreye, S., & Huang, C. (2016). The paradox of openness revisited: Collaborative innovation and patenting by UK innovators. Research Policy, 45(7), 1352-1361.

    Atuahene-Gima, K. & Ko, A. (2001). An empirical investigation of the effect of market orientation and entrepreneurship orientation alignment on product innovation. Organization Science, 12(1), 54-74.

    Babbie, E. R. (2020). The practice of social research. Boston: Cengage learning.

    Bate, A. F., Wachira, E. W., & Danka, S. (2023). The determinants of innovation performance: an income-based cross-country comparative analysis using the Global Innovation Index (GII). Journal of Innovation and Entrepreneurship, 12(1), 20-27.

    Bell, M. (2012). International technology transfer, innovation capabilities and sustainable directions of development. In D. G. Ockwell & A. Mallett (Orgs.), Low-Carbon Technology Transfer: From Rhetoric to Reality (p. 20-47), Londres: Routledge.

    Biedenbach, T. & Müller, R. (2012). Absorptive, innovative and adaptive capabilities and their impact on project and project portfolio performance. International Journal of Project Management, 30(5), 621-635.

    Bispo, C. M., Gimenez, F. A. P., & Kato, H. T. (2016). Estratégia e capacidades dinâmicas perante o exercício da coopetição: uma abordagem configuracional. Gestão & Planejamento – G&P, 17(1), 19-40.

    Brasil, D. R. (2022). Direito das Startups, Inovação e Empreendedorismo: A Transformação Digital no Contexto de uma Economia Global. Revista Internacional Consinter de Direito, 8(15), 117-134.

    Cantamessa, M., Gatteschi, V., Perboli, G., & Rosano, M. (2018). Startups’ road to failure. Sustainability, 10, 1-19.

    Cassol, A., Marietto, M. L., & Martins, C. B. (2022). Inovação em pequenas e médias empresas: a influência da capacidade absortiva. Ciências da Administração, 24(62), 102-121.

    Castro, M. H. de O. & Lanzara, A. P. (2023). Capacidades estatais e capacidades dinâmicas para o enfrentamento de crises: o sucesso do Vietnã contra a COVID-19. Revista Instituto de Políticas Públicas de Marília, 9, e023002.

    Catela, E. Y. da S. (2022). Distribuição espacial de inovadores shumpeterianos: diversificação e especialização na aglomeração espaço-temporal de startups de base tecnológica em Florianópolis. Revista Brasileira de Inovação, 21, e022020.

    Chesbrough, H. W. (2003). Open innovation: The new imperative for creating and profiting from technology. Boston: Harvard Business Press.

    Cohen, W. M. & Levinthal, D. A. (1990). Absorptive Capacity: A New Perspective on Learning and Innovation. Administrative Science Quarterly, 35, 128-152.

    Couto, M. H. G., Teberga, P. M. F., Castro, A. C. de, & Oliva, F. L. (2019). Capacidades dinâmicas na inovação dos modelos de negócio de startups. Revista Alcance, 26(2), 148-167.

    Cruz, M. A. & Corrêa, V. S. (2018). Capacidade absortiva e laços sociais: um modelo teórico integrado. Revista de Administração de Roraima-RARR, 8(2), 504-525.

    Damanpour, F. (2014). Footnotes to research on management innovation. Organization Studies, 35(9), 1265–1285.

    Damanpour, F. & Schneider, M. (2006). Phases of the adoption of innovation in organizations: effects of environment, organization and top managers. British Journal of Management, 17(3), 215-236.

    Debrulle, J., Maes, J., & Sels, L. (2014). Start-up absorptive capacity: Does the owner’s human and social capital matter? International Small Business Journal, 32(7), 777-801.

    Dodgson, M., Gann, D. M., & Salter, A. (2008). The management of technological innovation: strategy and practice. Oxford: Oxford University Press.

    Donkor, J. et al. (2018). Innovative capability, strategic goals and financial performance of SMEs in Ghana. Asia Pacific Journal of Innovation and Entrepreneurship, 12(2), 238-254.

    Eisenhardt, K. M. & Martin, J. A. (2000). Dynamic capabilities: What are they? Strategic Management Journal, 21(10-11), 1105-1121.

    Fernandes, M. A. P. (2021). Capacidades de ambidestria e comércio eletrónico e a resiliência das empresas: uma abordagem configuracional. Tese de Doutorado. Instituto Superior de Economia e Gestão.

    Garbio, M. & Lin, N. (2019). Artificial intelligence as a growth engine for health care startups: emerging business models. California Business Review, 61(2), 59-83.

    Gonçalves, C. A., Vargas, V. C., & Gonçalves Filho, C. (2019). Startups, inovação aberta e capacidades dinâmica e absortiva: Um estudo bibliométrico. Contribuciones a la Economia, 17(2), 1-17.

    Grilli, L. & Marzano, R. (2023). Bridges over troubled water: Incubators and start-ups’ alliances. Technovation, 121, 102689.

    Hattore, J. R. et al. (2021). Configurações das capacidades dinâmicas em diferentes fases do ciclo de vida organizacional: um estudo multicaso no setor hoteleiro. Dissertação de Mestrado. Unioeste.

    Hausberg, J. P. & Korreck, S. (2020). Business incubators and accelerators: A co-citation analysis-based, systematic literature review. The Journal of Technology Transfer, 45(1), 151-176.

    Huizingh, E. K. R. E. (2011). Open innovation: State of the art and future perspectives. Technovation, 31(1), 2-9.

    Invernizzi, D. C. et al. (2020). Qualitative comparative analysis as a method for project studies: The case of energy infrastructure. Renewable and Sustainable Energy Reviews, 133, 110314.

    Jansen, J. J. P., Van Den Bosch, F. A. J., & Volberda, H. W. (2006). Exploratory innovation, exploitative innovation, and performance: Effects of organizational antecedents and environmental moderators. Management Science, 52(11), 1661-1674.

    Kaur, V. (2023). Knowledge-based dynamic capabilities: a scientometric analysis of marriage between knowledge management and dynamic capabilities. Journal of Knowledge Management, 27(4), 919-952.

    Kaur, V. & Mehta, V. (2016). Knowledge-based dynamic capabilities: A new perspective for achieving global competitiveness in IT sector. Pacific Business Review International, 1(3), 95-106.

    Kim, L. (1997). The dynamics of Samsung’s technological learning in semiconductors. California Management Review, 39(3), 86-100.

    Laursen, K. & Salter, A. (2006). Open for innovation: the role of openness in explaining innovation performance among U.K. manufacturing firms. Strategic Management Journal, 27(2), 131-150.

    Lichtenthaler, U. (2008). Open innovation in practice: an analysis of strategic approaches to technology transactions. IEEE Transactions on Engineering Management, 55(1), 148-157.

    Marcon, A. & Ribeiro, J. L. D. (2021). How do startups manage external resources in innovation ecosystems? A resource perspective of startups’ lifecycle. Technological Forecasting & Social Change, 171, 1-16.

    Monferrer, D., Blesa, A., & Ripolles, M. (2015). Born globals trough knowledge-based dynamic capabilities and network market orientation. BRQ Business Research Quarterly, 18(1), 18-36.

    Nabarreto, R. L. (2020). Uma revisão bibliométrica sobre ecossistema inovador de startups. Administração de Empresas em Revista, 4(22), 392-419.

    Organização para a Cooperação e Desenvolvimento Econômico – OCDE (2010). High-Growth Enterprises: What Governments Can Do to Make a Difference. Disponível em: https://www.oecd.org/publications/high-growth-enterprises-9789264048782-en.htm.

    Park, Y., Pavlou, P. A., & Saraf, N. (2020). Configurations for Achieving Organizational Ambidexterity with Digitization. Information Systems Research, 31(4), 1376-1397.

    Paula, P. P. de, Santos, C. D. dos, & Couto, F. F. (2023). Organizational survival of technology-based enterprises after incubation: a qualitative comparative explanation. Revista Brasileira de Gestão de Negócios – RGBN, 25(4), 498-515.

    Polidoro, F. & Jacobs, C. (2023). Knowledge diffusion in nascent industries: Asymmetries between startups and established firms in spurring inventions by other firms. Strategic Management Journal, 1-39. Disponível em: https://doi.org/10.1002/smj.3568

    Quaiser, R. M. & Srivastava, P. R. (2024). Outbound open innovation effectiveness measurement between big organizations and startups using Fuzzy MCDM. Management Decision, Ahead of print. Disponível em: https://doi.org/10.1108/MD-07-2022-0990

    Ries, E. (2011). The lean startup: How today’s entrepreneurs use continuous innovation to create radically successful businesses. [s.l.] Crown Currency.

    Rihoux, B. & Ragin, C. C. (2008). Configurational comparative methods: Qualitative comparative analysis (QCA) and related techniques. [s.l.] Sage Publications.

    Schumpeter, J. A. (1950). Capitalism, Socialism, and Democracy. New York, Harper.

    Subramanian, A. & Nilakanta, S. (1996). Organizational innovativeness: Exploring the relationship between organizational determinants of innovation, types of innovations, and measures of organizational performance. Omega, 24(6), 631-647.

    Teece, D. J. (2007). Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28(13), 1319-1350.

    Tidd, J. & Bessant, J. R. (2005). Managing innovation: Integrating technological market and organizational change. [s. l.], Wiley.

    Tsai, S. D. & Lan, T. T. (2006). Development of a startup business: A complexity theory perspective. National Sun Yat-Sen University, Kaohsiung, Taiwan.

    Tumerelo, C., Sbragia, R., Borini, F. M., & Franco, E. C. (2018). The role of networks in technological capability: A technology-based companies perspective. Journal of Global Entrepreneurship Research, 8(1), 1-19.

    Tumelero, C., Santos, S. A., & Kuniyoshi, M. S. (2016). Sobrevivência de empresas de base tecnológica pós‐incubadas: Estudo sobre a ação empreendedora na mobilização e uso de recursos. REGE-Revista de Gestão, 23(1), 31-40.

    Utterback, J. M. & Afuah, A. N. (1998). The dynamic ‘diamond’: a technological innovation perspective. Economics of Innovation and New Technology, 6(2-3), 183-200.

    Wang, C. L. & Ahmed, P. K. (2007). Dynamic capabilities: A review and research agenda. International Journal of Management Reviews - IJMR, 9(1), 31-51.

    Wright, N. L., Koning, R., & Khanna, T. (2023). Strategic Management Journal, 44(9), 2195-2225.

    Xu, K. et al. (2023). Estimation of sustainable innovation performance in European Union countries: Based on the perspective of energy and environmental constraints. Energy Reports, 9, 1919-1925.

    Yin, R. K. (2018). Case study research and applications. [s. l.], Sage Publications.

    Yuniarty, Y., Prabowo, H., & Abdinagoro, S. (2021). The role of effectual reasoning in shaping the relationship between managerial-operational capability and innovation performance. Management Science Letters, 11(1), 305-314.

    Zahra, S. A. & George, G. (2002). Absorptive capacity: A review, reconceptualization, and extension. Academy of Management Review, 27(2), 185-203.

Revista Alcance

Revista Alcance is a Brazilian free access journal, published every four months, linked to the Graduate Program in Administration and the Professional Master’s degree in Administration, Internationalization and Logistics Program of the University of Vale do Itajaí – Univali. We seek to publish theoretical-empirical and technological articles in the areas of Business Administration. Different theoretical and methodological perspectives are welcome, as long as they are consistent with and relevant to the development of the area.

Access journal