Management, innovation and business results under the Resources and Capabilities Theory

Different lines of thought, which relate to how organizations can achieve their competitive advantage, can be found within the general theory of management. On the one hand, there are those who argue that the knowledge and analysis of the environment and the industry in which the organization partic...

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Main Authors: José Fernádez Palma, Hernán Rocha Pavez
Format: Article
Language:English
Published: Universidad de Concepción 2017-06-01
Series:RAN
Subjects:
Online Access:http://ran.udec.cl/ojs/index.php/ran/article/view/45
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author José Fernádez Palma
Hernán Rocha Pavez
author_facet José Fernádez Palma
Hernán Rocha Pavez
author_sort José Fernádez Palma
collection DOAJ
description Different lines of thought, which relate to how organizations can achieve their competitive advantage, can be found within the general theory of management. On the one hand, there are those who argue that the knowledge and analysis of the environment and the industry in which the organization participates is of vital importance and, on the other hand, those who believe that the main source of competitiveness is concentrated within the organizations themselves. In the latter case, the Resources and Capabilities approach asserts that such internal elements are a real and distinctive source of competitive advantage. It supports the existence of tangible and intangible assets, for example the managerial skills of the managers, the organizational processes and the internal procedures, which are key elements for effective operation and for the achievement of the company´s objectives. Therefore, the general purpose of this research is to determine if there is a relationship between a set of internal capabilities in a company and its respective financial results. An exploratory, descriptive and correlational study was carried out using secondary information about the main idea, as well as a descriptive survey taken by 12 medium-sized companies in the city of Punta Arenas. Through the study it was possible to identify and describe the main relationships between the indicated variables.
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spelling doaj.art-4c43036718c5474bb23f3e299d11d02f2022-12-21T18:56:51ZengUniversidad de ConcepciónRAN0719-77130719-62452017-06-01133550Management, innovation and business results under the Resources and Capabilities TheoryJosé Fernádez Palma0Hernán Rocha Pavez1Universidad de MagallanesUniversidad de MagallanesDifferent lines of thought, which relate to how organizations can achieve their competitive advantage, can be found within the general theory of management. On the one hand, there are those who argue that the knowledge and analysis of the environment and the industry in which the organization participates is of vital importance and, on the other hand, those who believe that the main source of competitiveness is concentrated within the organizations themselves. In the latter case, the Resources and Capabilities approach asserts that such internal elements are a real and distinctive source of competitive advantage. It supports the existence of tangible and intangible assets, for example the managerial skills of the managers, the organizational processes and the internal procedures, which are key elements for effective operation and for the achievement of the company´s objectives. Therefore, the general purpose of this research is to determine if there is a relationship between a set of internal capabilities in a company and its respective financial results. An exploratory, descriptive and correlational study was carried out using secondary information about the main idea, as well as a descriptive survey taken by 12 medium-sized companies in the city of Punta Arenas. Through the study it was possible to identify and describe the main relationships between the indicated variables.http://ran.udec.cl/ojs/index.php/ran/article/view/45changecapabilitiesinnovationmanagementresources
spellingShingle José Fernádez Palma
Hernán Rocha Pavez
Management, innovation and business results under the Resources and Capabilities Theory
RAN
change
capabilities
innovation
management
resources
title Management, innovation and business results under the Resources and Capabilities Theory
title_full Management, innovation and business results under the Resources and Capabilities Theory
title_fullStr Management, innovation and business results under the Resources and Capabilities Theory
title_full_unstemmed Management, innovation and business results under the Resources and Capabilities Theory
title_short Management, innovation and business results under the Resources and Capabilities Theory
title_sort management innovation and business results under the resources and capabilities theory
topic change
capabilities
innovation
management
resources
url http://ran.udec.cl/ojs/index.php/ran/article/view/45
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