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Dynamic Capabilities for Opportunity Exploration : Insights from an Explorative Case Study

Title data

Baumbach, Sandra ; Oberländer, Anna Maria ; Röglinger, Maximilian ; Rosemann, Michael:
Dynamic Capabilities for Opportunity Exploration : Insights from an Explorative Case Study.
In: International Journal of Entrepreneurial Venturing. (2020) .
ISSN 1742-5379

Official URL: Volltext

Abstract in another language

Digital technologies offer organizations new opportunities. However, unlike well-defined problem-response strategies (e.g., Lean Management), it remains elusive how to identify and leverage opportunities, particularly for public sector organizations. As extant knowledge lacks corresponding theory-guided and empirically validated opportunity management prac-tices, this study provides insights on opportunity management practices through an explora-tory case study. The case of interest is Queensland Urban Utilities, a utility provider which developed a strong focus on opportunity exploration despite operating in a low-competition environment. Building upon organizational ambidexterity and dynamic capabilities as theo-retical lenses, we present a conceptual framework distinguishing two opportunity types, namely core and new business opportunities. Along this framework, we present 15 practice areas and actionable practices, supported by real-life examples. Thereby, we identify two facets of exploration demanding divergent capabilities to sense and seize opportunities. Our study contributes to the understanding of exploration capabilities and supports practitioners in developing opportunity management practices.

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: Opportunity; opportunity management; organizational ambidexterity; opportunity exploration; dynamic capabilities; case study research; single case study
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professor Information Systems and Value-Based Business Process Management
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professor Information Systems and Value-Based Business Process Management > Professor Information Systems and Value-Based Business Process Management - Univ.-Prof. Dr. Maximilian Röglinger
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Result of work at the UBT: Yes
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 28 Feb 2020 09:32
Last Modified: 28 Feb 2020 09:32
URI: https://eref.uni-bayreuth.de/id/eprint/54443