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Developing Dynamic Capabilities To Meet Sustainable Development Challenges

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  • ANNICK CASTIAUX

    (University of Namur (FUNDP), 8 Rempart de la Vierge, 5000 Namur, Belgium)

Abstract

Dynamic capabilities are recognized as key factors for the adaptation of the firm to its changing environment. For two decades, a new pressure has been added on the shoulders of firms: they have to integrate sustainable development considerations in their strategy. This paper explores the impact of those new sustainability requirements on the dynamic capabilities that a firm should develop and sustain to remain competitive in turbulent environments. In particular, which new innovation capabilities are required to integrate environmental, social and financial objectives? To answer this question, we first consider the dynamicity levels identified in the literature in relationship with the turbulence of the firm's environment and we study what level is required for which type of sustainable innovation. Secondly, we look at the three fundamental natures of dynamic capabilities (sensing, seizing, transforming) and identify typical new requirements coming from sustainability challenges. We apply this reflection to Green IT innovations.

Suggested Citation

  • Annick Castiaux, 2012. "Developing Dynamic Capabilities To Meet Sustainable Development Challenges," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 16(06), pages 1-16.
  • Handle: RePEc:wsi:ijimxx:v:16:y:2012:i:06:n:s1363919612400130
    DOI: 10.1142/S1363919612400130
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    References listed on IDEAS

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    1. Horbach, Jens & Rammer, Christian & Rennings, Klaus, 2012. "Determinants of eco-innovations by type of environmental impact — The role of regulatory push/pull, technology push and market pull," Ecological Economics, Elsevier, vol. 78(C), pages 112-122.
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    1. Hang T. T. Nguyen & Hanh Song Thi Pham & Susan Freeman, 2023. "Dynamic capabilities in tourism businesses: antecedents and outcomes," Review of Managerial Science, Springer, vol. 17(5), pages 1645-1680, July.
    2. Inigo, Edurne A. & Albareda, Laura, 2019. "Sustainability oriented innovation dynamics: Levels of dynamic capabilities and their path-dependent and self-reinforcing logics," Technological Forecasting and Social Change, Elsevier, vol. 139(C), pages 334-351.
    3. Gema Albort-Morant & Jörg Henseler & Gabriel Cepeda-Carrión & Antonio L. Leal-Rodríguez, 2018. "Potential and Realized Absorptive Capacity as Complementary Drivers of Green Product and Process Innovation Performance," Sustainability, MDPI, vol. 10(2), pages 1-20, February.
    4. Gheorghe Epura & Bianca Tesca?iu & Raluca Dania Todor & Karin-Andreea Sasu, 2017. "Responsible Consumption – Source of Competitive Advantages and Solution for Tourist Protection," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 19(45), pages 447-447, May.
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    6. David Deakins & Jo Bensemann, 2019. "Achieving Innovation In A Lean Environment: How Innovative Small Firms Overcome Resource Constraints," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(04), pages 1-36, May.
    7. Guerrero, Maribel & Heaton, Sohvi & Urbano, David, 2021. "Building universities’ intrapreneurial capabilities in the digital era: The role and impacts of Massive Open Online Courses (MOOCs)," Technovation, Elsevier, vol. 99(C).
    8. Guerrero, Maribel & Siegel, Donald S., 2024. "Schumpeter meets Teece: Proposed metrics for assessing entrepreneurial innovation and dynamic capabilities in entrepreneurial ecosystems in an emerging economy," Research Policy, Elsevier, vol. 53(5).
    9. Lorenzo Ardito, 2023. "The influence of firm digitalization on sustainable innovation performance and the moderating role of corporate sustainability practices: An empirical investigation," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5252-5272, December.
    10. Diego Queiroz Machado & Fátima Regina Ney Matos & Rafael Fernandes Mesquita, 2022. "Relations between innovation management and organisational sustainability: a case study in a Brazilian higher education institution," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(9), pages 11127-11152, September.
    11. Giacomo Buzzao & Francesco Rizzi, 2021. "On the conceptualization and measurement of dynamic capabilities for sustainability: Building theory through a systematic literature review," Business Strategy and the Environment, Wiley Blackwell, vol. 30(1), pages 135-175, January.
    12. Tatyana Tolstykh & Leyla Gamidullaeva & Nadezhda Shmeleva, 2020. "Elaboration of a Mechanism for Sustainable Enterprise Development in Innovation Ecosystems," JOItmC, MDPI, vol. 6(4), pages 1-23, September.
    13. Helen Borland & Véronique Ambrosini & Adam Lindgreen & Joëlle Vanhamme, 2016. "Building Theory at the Intersection of Ecological Sustainability and Strategic Management," Journal of Business Ethics, Springer, vol. 135(2), pages 293-307, May.
    14. Ponta, Linda & Puliga, Gloria & Manzini, Raffaella & Cincotti, Silvano, 2022. "Sustainability-oriented innovation and co-patenting role in agri-food sector: Empirical analysis with patents," Technological Forecasting and Social Change, Elsevier, vol. 178(C).
    15. Yali Zhang & Jun Sun & Zhaojun Yang & Shurong Li, 2018. "Organizational Learning and Green Innovation: Does Environmental Proactivity Matter?," Sustainability, MDPI, vol. 10(10), pages 1-14, October.
    16. Dinuka B. Herath & Shelley Harrington, 2023. "Saying yes to mess: disorganization as an antecedent to dynamic capabilities," Review of Managerial Science, Springer, vol. 17(5), pages 1539-1558, July.

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