A Study of Creativity & Innovation in Managing E-Business Operations: A Focus on Entrepreneurs
Journal Title: PARIPEX-Indian Journal of Research - Year 2015, Vol 4, Issue 5
Abstract
This paper aims at exploring the critical dynamic capabilities of Entrepreneurs in the innovation process to managing e-business and at identifying the dynamic capabilities that enable the implementation of open innovation practices. To link dynamic capabilities to an open innovation approach undertaken by entrepreneurs to managing the operations of e-business. The study extends existing work on innovation in the business by identifying key dynamic capabilities in the context. Research provides empirical evidence of dynamic capabilities in practices, where analysis reveals that companies with strong sensing, seizing and reconfiguring capabilities are more inclined to develop open innovation approaches in managing the e-business operations. Innovation has become one of the important mainstays in today’s fast changing business world. To sustain competitive advantage, organizations need to keep up the pace of innovation demanded by rapidly changing technology, customer’s needs and extensive competitive pressure. Indispensable for the creation of successful e-business, innovation is an entrepreneur’s knowledge and its capabilities to absorb, integrate and create new knowledge as innovation arise from the knowledge available for the innovation activities and the ability to apply available knowledge. Companies nowadays are more and more globally dispersed and thus need to find solutions for letting this knowing practices take place in an online and virtual environment.
Authors and Affiliations
Dr. Anita Sukhwal, Harshita Paliwal
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