Innovative Firms Gain Unbeatable Edge in Global Competition
The article explores how technological capabilities can give companies a competitive edge in the global industry. By studying a successful home appliance producer, the researchers show how innovation capability is crucial for staying ahead. They found that combining and protecting resources effectively is key to achieving and maintaining a competitive advantage over time. The case study of Gorenje, a Slovenian firm, illustrates how dynamic capabilities can lead to sustained success in a fast-changing business environment.