Managing Knowledge, Dynamic Capabilities, Innovative Performance, and Creating Sustainable Competitive Advantage in Family Companies: A Case Study of a Family Company in Indonesia
Family businesses often face significant challenges while trying to develop and increase their sustainability throughout generations. This is often due to their inability to properly manage the knowledge required to develop their resources to increase sustainability. Therefore, this study examines t...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Elsevier
2020-09-01
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| Series: | Journal of Open Innovation: Technology, Market and Complexity |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2199-8531/6/3/90 |
| _version_ | 1797668503109500928 |
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| author | Sugiarto Koentjoro Sri Gunawan |
| author_facet | Sugiarto Koentjoro Sri Gunawan |
| author_sort | Sugiarto Koentjoro |
| collection | DOAJ |
| description | Family businesses often face significant challenges while trying to develop and increase their sustainability throughout generations. This is often due to their inability to properly manage the knowledge required to develop their resources to increase sustainability. Therefore, this study examines the relationship between processes of managing knowledge, dynamic capabilities, and innovative performance in an Indonesian family company in order to improve business performance. This is qualitative research with a single case study used to obtain data from nineparticipants in an Indonesian family company (“Ardiles”) that focuses on footwear. The findings showed that a family company that mobilizes knowledge can improve its members’ dynamic capabilities for proper business management and growth. Furthermore, the frequent process of mobilizing knowledge improves family members’ dynamic capabilities to create new ideas. This creative process helps to improve its innovative performance, thereby creating a sustainable competitive advantage among family companies. |
| first_indexed | 2024-03-11T20:30:09Z |
| format | Article |
| id | doaj.art-54e5b6d8ba0044d0bb976d3e499a6b55 |
| institution | Directory Open Access Journal |
| issn | 2199-8531 |
| language | English |
| last_indexed | 2024-03-11T20:30:09Z |
| publishDate | 2020-09-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Open Innovation: Technology, Market and Complexity |
| spelling | doaj.art-54e5b6d8ba0044d0bb976d3e499a6b552023-10-02T09:26:03ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312020-09-016909010.3390/joitmc6030090Managing Knowledge, Dynamic Capabilities, Innovative Performance, and Creating Sustainable Competitive Advantage in Family Companies: A Case Study of a Family Company in IndonesiaSugiarto Koentjoro0Sri Gunawan1PT. Prima Karya Kontrindo, Surabaya 60284, IndonesiaFaculty of Economics & Business, Universitas Airlangga, Surabaya 60286, IndonesiaFamily businesses often face significant challenges while trying to develop and increase their sustainability throughout generations. This is often due to their inability to properly manage the knowledge required to develop their resources to increase sustainability. Therefore, this study examines the relationship between processes of managing knowledge, dynamic capabilities, and innovative performance in an Indonesian family company in order to improve business performance. This is qualitative research with a single case study used to obtain data from nineparticipants in an Indonesian family company (“Ardiles”) that focuses on footwear. The findings showed that a family company that mobilizes knowledge can improve its members’ dynamic capabilities for proper business management and growth. Furthermore, the frequent process of mobilizing knowledge improves family members’ dynamic capabilities to create new ideas. This creative process helps to improve its innovative performance, thereby creating a sustainable competitive advantage among family companies.https://www.mdpi.com/2199-8531/6/3/90family companymanaging knowledgedynamic capabilityentrepreneurial orientationopen innovation |
| spellingShingle | Sugiarto Koentjoro Sri Gunawan Managing Knowledge, Dynamic Capabilities, Innovative Performance, and Creating Sustainable Competitive Advantage in Family Companies: A Case Study of a Family Company in Indonesia Journal of Open Innovation: Technology, Market and Complexity family company managing knowledge dynamic capability entrepreneurial orientation open innovation |
| title | Managing Knowledge, Dynamic Capabilities, Innovative Performance, and Creating Sustainable Competitive Advantage in Family Companies: A Case Study of a Family Company in Indonesia |
| title_full | Managing Knowledge, Dynamic Capabilities, Innovative Performance, and Creating Sustainable Competitive Advantage in Family Companies: A Case Study of a Family Company in Indonesia |
| title_fullStr | Managing Knowledge, Dynamic Capabilities, Innovative Performance, and Creating Sustainable Competitive Advantage in Family Companies: A Case Study of a Family Company in Indonesia |
| title_full_unstemmed | Managing Knowledge, Dynamic Capabilities, Innovative Performance, and Creating Sustainable Competitive Advantage in Family Companies: A Case Study of a Family Company in Indonesia |
| title_short | Managing Knowledge, Dynamic Capabilities, Innovative Performance, and Creating Sustainable Competitive Advantage in Family Companies: A Case Study of a Family Company in Indonesia |
| title_sort | managing knowledge dynamic capabilities innovative performance and creating sustainable competitive advantage in family companies a case study of a family company in indonesia |
| topic | family company managing knowledge dynamic capability entrepreneurial orientation open innovation |
| url | https://www.mdpi.com/2199-8531/6/3/90 |
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