The Role of Dynamic Capabilities and Entrepreneurial Orientation Towards Innovation and Its Implications for Creative Economy Performance in Indonesia

Maulidina, Siti Handayani; Harri, Muhammad; Utomo, Fajar Cahyo

doi:10.33642/ijbass.v9n3p6

Cited by 1 publication

(1 citation statement)

References 8 publications

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“…Despite the company allocating resources to R&D activities and additionally dedicating a percentage of the annual budget to innovation activities, it was established that the dimension of risk-taking and proactiveness are the most critical dimensions when making strategic decisions for the generation of innovative products and services. This agrees with the findings of Maulidina, Harri, and Utomo, (2023), who state that the fact of acquiring innovative capabilities requires assuming risks within the field of EO to directly challenge competitors and strengthening of entrepreneurship in the firm to adjust to changes and opportunities to overtake rivals in the market. Although entrepreneurial orientation has been a concept developed in entrepreneurship, the current contexts in industry 4.0 organisations also require the incorporation of another series of talents in entrepreneurship and innovation management practices.…”

Section: Discussionsupporting

confidence: 91%

Entrepreneurial Orientation and Transformational Leadership for the Development of Innovation Capabilities

Bedoya,

Pérez-Sanchéz,

Zapata

et al. 2024

QIP Journal

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Purpose: This paper aims to analyse the impact of entrepreneurial orientation (EO) through the relationship of transformational leadership (TL) for the development of dynamic capabilities (DC) for organisational innovation. Methodology/Approach: Under a qualitative method, and a single case study strategy, data were obtained from interviews with 15 senior managers and leaders of innovation activities; the document review and data triangulation method was used to analyse causality relations proposed in the theoretical framework. Findings: The empirical results confirm that the EO and TL have a positive relationship with the development of innovation capabilities. Findings indicate that risk-taking, proactiveness, assimilation, and exploitation of internal and external knowledge remain the main difficulties in improving innovation capabilities and adaptability in the technological environment. Research Limitation/implication: The present paper gathered data from a specific organisation in the field of EO. The research allowed us to better understand the incidence of EO, TL, and DC regarding the relationship between variables, and it should be considered a potential source for enhancing innovation management capabilities. Originality/Value of paper: This work is the first that integrates the concepts of EO with other related disciplines into a single case strategy, within a specific entrepreneurship and innovation ecosystem context in a large automotive industry.

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Section: Discussionsupporting

confidence: 91%