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Advisor(s)
Abstract(s)
The Dynamic Capabilities have been at the forefront of the recent Strategic Management theoretical debate, being one of the main theories attempting to explain how companies achieve a competitive advantage in a sustainable way. In contrast to previous approaches, this perspective directly addresses the concept of rapidly changing environments, something that past approaches did not include. In fact, it is the success of a firm in such environments that constitutes the main concern of the dynamic capabilities perspective. This dissertation intends to make a contribution for the consolidation of the DCs. To that end, it comprises a real-world teaching case that illustrates this perspective in practice and helps confirm its validity as a theory. The chosen business case is the Swedish company Ericsson (especially the SonyEricsson joint venture). It comprises a situation of a company in a rapidly changing industry, and aims at proving further evidence on the ability of the firm to address such an environment and thus significantly influence its performance. The case findings point to the fact that companies often fail to succeed if they lack dynamic capabilities, especially in dynamic environments.