| Title | Dynamic capabilities in environmental entrepreneurship: A framework for commercializing green innovations |
|---|---|
| ID_Doc | 31194 |
| Authors | Hällerstrand, L; Reim, W; Malmström, M |
| Title | Dynamic capabilities in environmental entrepreneurship: A framework for commercializing green innovations |
| Year | 2023 |
| Published | |
| Abstract | Environmental entrepreneurship has tremendous potential to deliver radical and disruptive technology inno-vation that can safeguard our biosphere. However, we lack insights into how green ventures can cultivate dy-namic capabilities that allow these ventures to thrive. The existing dynamic capability framework does not adequately capture the unique challenges and opportunities facing early-stage green ventures. Consequently, in this study we ask: what are the micro-foundations underpinning dynamic capabilities in early-stage green ventures? How are these dynamic capabilities cultivated? How do these dynamic capabilities correspond to and co-develop with external factors in flux when disruptive green innovation is commercialized? This paper is based on an exploratory case study of 14 ventures developing green innovations in the biofuel, bioenergy, biochem-istry, and biomaterial sectors. Our study conceptualizes the micro-foundations of dynamic capabilities related to sensing, seizing, and reconfiguring capabilities. Moreover, it develops a detailed and comprehensive framework of dynamic capability building for early-stage green ventures, which links internal dynamic capability building processes with influential external factors in flux. |
Similar Articles
| ID | Score | Article |
|---|---|---|
67777
|
Hermundsdottir, F; Bjorgum,O; Eide, AE Transition from fossil fuels to renewable energy: Identifying the necessary dynamic capabilities for a transition among Norwegian oil and gas companies(2024) | |
| 18660
|
Kortus, L; Gutmann, T How do firms build dynamic capabilities to develop sustainable products? A multiple case study in the manufacturing industry(2023) | |
| 65881
|
Prokopenko, O; Chechel, A; Koldovskiy, A; Kldiashvili, M Innovative Models Of Green Entrepreneurship: Social Impact On Sustainable Development Of Local Economies(2024)Economics Ecology Socium, 8.0, 1 | |
| 73472
|
Tran, TK Can sustainable entrepreneurship be achieved through green knowledge sharing, green dynamic capabilities, and green service innovation?(2024)Environmental Science And Pollution Research, 31, 2 | |
| 78147
|
Sanchez-Garcia, VE; Gallego, C; Marquez, JA; Peribáñez, E The Green Entrepreneurial Self-Efficacy as an Innovation Factor That Enables the Creation of New Sustainable Business(2024)Sustainability, 16, 16 | |
| 74462
|
Meirun, T; Makhloufi, L; Hassan, MG Environmental Outcomes of Green Entrepreneurship Harmonization(2020)Sustainability, 12, 24 | |
| 77292
|
Jiang, ZY; Xu, YM; Zhu, XY; Liu, WW; Liu, YQ Intellectual capital and green entrepreneurship: a systematic literature review(2024)Journal Of Intellectual Capital, 25, 4 | |
| 30197
|
Wicki, S; Hansen, EG Green technology innovation: Anatomy of exploration processes from a learning perspective(2019)Business Strategy And The Environment, 28, 6 | |
| 38466
|
Linde, L; Sjödin, D; Parida, V; Wincent, J Dynamic capabilities for ecosystem orchestration A capability-based framework for smart city innovation initiatives(2021) | |
| 75273
|
Knoppen, D; Knight, L Pursuing sustainability advantage: The dynamic capabilities of born sustainable firms(2022)Business Strategy And The Environment, 31, 4 |